On Feb 7, 2008 6:22 PM, <jon@dakota-truck.net> wrote:
>
> Bill Pitz <bill@pitz.net> wrote:
>
> > jon@dakota-truck.net wrote:
> >> [...]
> >>> Is the CEO so much more valuable and important a person that he needs
> >>> his 7 figure salery, stock options, bonuses, and perks?
> >>
> >>
> >> In a word, yes - because the pool of people who can do what he does
> >> is very small. The responsibility is huge and so are the benefits.
> >> If you paid your CEO less, you would tend to attract sub-par
> >> applicants or your existing CEO would be stolen away by another company
> >> willing to pay them more.
>
>
> > This really is exactly it. (Mind you that there are also a lot of
> > "CEOs" around who are NOT making this kind of money -- ask everyone who
> > is a small business owner. Each and every one of them is a "CEO" in
> > their own right. Being primarily self-employed, Jon, would you say that
> > you are foolishly overpaid? ;-) )
>
>
> Hey, you're right! I'm actually 4 CEOs... I should get at least
> one golden parachute! I just got screwed over by the system yet
> again! ;-)
Yeah, but you're also 4 janitors.
Or another way....you're head chef and bottle washer.
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