News for hackers. Stuff that matters.

A comment on Striking auto workers want a 40% pay increase–the same rate their CEOs’ pay grew. Parent comment

Re:Striking auto workers want a 40% pay increase–the same ra... by chii on Monday September 18, 2023 @08:23PM (#37564152)
It doesn't matter what "the truth" is, as long as the board (aka the owners) believe that the CEO's decision making is what led to the profits. The CEO's compensation is commensurate with this belief of cause and effect.
[ Parent | on HN ]

There are no comments on this comment yet.