Re:Mozilla names new CEO as it pivots to data privacy
by ethbr1 on Saturday February 10, 2024 @07:46PM
(#39331693)
There's ability, demand, and impact.
IMHO, the stronger argument against CEO compensation is that the delta (in company performance) between a great CEO and a midling CEO isn't equal to their compensation.
If a firefighter sucks at their job... someone dies. But (unfortunately, if we're being honest) that's worth less than +/-1% of large company performance.
(Personally, I think public safety, medical non-doctors, and teachers should all be paid a lot better)
There are many jobs that I wouldn't want and that are not paid 6M a year. There are some things that I can do that not everybody can do, and still I am not paid 6M.
You can try reverting it: a CEO earning 6M a year could not necessarily be a firefighter. Yet firefighters are not paid 6M a year. And they actually risk their life.