Re:Thank You MDN
by mattigames on Thursday August 13, 2020 @12:00AM
(#24139833)
In a world with 8 billion people nobody can claim to be worth that much money to a company, I would be surprised if there aren't at least 10.000 people in the US alone who would do her job just as well or maybe better and for less than 500K, those kind of salaries always seem result of people being able to set their own salaries or some other kind of poor management.
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On the contrary - in a world with 8 billion people it's pretty much guaranteed there's someone worth that much money to a company!
But it's ~hard to know if~ unlikely your CEO is this single person out of 8 billion, especially because you only considered searching in a pool of optimistically maybe 1 thousand candidates.
Re:Thank You MDN
by mattigames on Thursday August 13, 2020 @04:37PM
(#24148635)
The graph for skilled people available for any given position with "skill" on the Y axis and "people" in the X axis is not shaped like a triangle like you are imaging, is shaped like a plateau. The only exception are extremely niche skills.
And how would you find one of those 10,000 out of a population of 330,000,000 that will accept less money than her? And how would you then know that they're better than she is? Surely if they're just as good as she is then the opportunities open to her would also be open to the 10,000 people.
Re:Thank You MDN
by mattigames on Thursday August 13, 2020 @04:08PM
(#24148043)
> Surely if they're just as good as she is then the opportunities open to her would also be open to the 10,000 people.
No, and to be honest I find it hard to believe anyone believes so; a lot of those positions are picked due being friends with the right people, or coming from the same universities as the people already in executive positions, and other hundreds subjective factors that have little to nothing to do with the actual capabilities needed for the role.
Re:Thank You MDN
by Peaches4Rent on Thursday August 13, 2020 @01:39AM
(#24140259)
I agree that this statement could be true. But is it provable?
Not quite the same thing, but there was a study a few years ago that should that CEO compensation was inversely correlated with company success.
Ok, so find one.
Re:Thank You MDN
by mattigames on Thursday August 13, 2020 @04:10PM
(#24148071)
Pay me to do it and I would (don't worry, I charge much less than 500K to find them)
Wouldn't the market pay you?
On a second read, I see you wrote, "I would be surprised if ...". I don't remember seeing that the first time, but maybe I read too quickly. In that case, I'll turn it around: I'd be surprised if you could find anyone who can supply comparable evidence of competence who'd accept substantially less compensation.