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A comment on Apple chief Tim Cook faces shareholder revolt over $99M pay package. Parent comment

Re:Apple chief Tim Cook faces shareholder revolt over $99M p... by imgabe on Friday February 18, 2022 @01:51AM (#30382858)
Who or what determines what someone needs to earn?

How much do you earn? Could you survive if you got paid 15% less? How about 50% less? Well, if you don't need it then, how about we just cut your pay based on what some arbitrary person decides you "need".

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Re:Apple chief Tim Cook faces shareholder revolt over $99M p... by Eji1700 on Friday February 18, 2022 @01:52AM (#30382867)
Well in this case, the board and shareholders.
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Re:Apple chief Tim Cook faces shareholder revolt over $99M p... by imgabe on Friday February 18, 2022 @01:55AM (#30382878)
They don't determine how much Cook or anyone needs to earn, they determine how much they are willing to pay to get the CEO they want.
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Re:Apple chief Tim Cook faces shareholder revolt over $99M p... by hulitu on Friday February 18, 2022 @02:45AM (#30383138)
> Who or what determines what someone needs to earn?

As the song says: "Oh Lord, won't you buy me a Mercedes Benz? My friends all drive Porsches, I must make amends"

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