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submitted 1 year ago by L4s@lemmy.world to c/technology@lemmy.world

Microsoft CEO Nadella's compensation drops... to $48M — CEO to employee pay ratio hits 250 to 1::Try to hold back your tears as CEO to employee pay ratio hits: 250 to 1

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[-] grue@lemmy.world 11 points 1 year ago

You couldn’t take any person off the street and have them be a successful CEO tomorrow.

Are you sure? Has anyone ever tried? Maybe we should do an experiment!

[-] lando55@lemmy.world 10 points 1 year ago

There was a documentary with this premise, only with commodities traders rather than CEOs.

The bottom line is yes, you can take someone off the street and have them trade places with a senior broker and thrive in that role; the only caveat being that the subjects of your experiment discover your plot and subsequently falsify orange crop yield projections causing you to lose your entire net worth investing in frozen orange juice concentrate futures.

[-] calcopiritus@lemmy.world -2 points 1 year ago

Consider how stupid the average (median) person is. Then realize that half of them are stupider than that.

I don't think you have to do the experiment, it won't work.

[-] RedditWanderer@lemmy.world 13 points 1 year ago

You're assuming you need to be smart/educated to be a CEO.

I know a couple CEO's who are just trust fund idiots and bet people off the street would do just as good.

[-] calcopiritus@lemmy.world 3 points 1 year ago

You seem very confident that you don't need to be smart to be a successful CEO. Then what do you need? Surely if anyone could be a successful CEO they would do so, 10x salary is the prize. There must be something you need to be a successful CEO.

[-] RedditWanderer@lemmy.world 6 points 1 year ago

Most of CEOing is about networking and wealth. It's a little club and we ain't in it, even if we wanted to, even if the prize is 10x salary.

this post was submitted on 21 Oct 2023
334 points (96.6% liked)

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