Rising Star
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It is most definitely not fair. However, that is life. Nothing is really fair in this life. I feel like we are all just working hard to make someone else rich.
Rising Star
Yeah, I hear you. That feeling hits hard sometimes, like no matter how much you pour into the work, the real wins keep flowing upward to people who already have plenty. It’s exhausting to think we’re all just cogs keeping someone else’s machine running.
Life really isn’t fair; it never promised to be. Some people are born with a head start, others get lucky breaks, and a lot of us are just grinding to stay afloat. It can make everything feel pointless.
Not fair....there has to be some ceiling
Rising Star
definitely!
As a Sr. Manager you should know the answer to that question.
Rising Star
not sure what I understand what you mean. care to elaborate?
I would bet they have 300 times more responsibility than the average worker at their company. So, from that perspective, it does seem fair that they would earn significantly more. There is a limit though. When CEO salaries get into the tens of millions, that does seem excessive.
I can see where the excessive millions is an issue. But to be fair, most of the executive leaders I have encountered started out at the bottom just like you and I. They took on the initiative to advance their education and certifications. (Which isn’t cheap these days). They obtained what they needed and also took on the responsibility of ensuring quality, safety and operations are at flow. Not to mention they also are held accountable and take the heat when we fail at the bedside. They are held at a higher standard at a corporate level which I have witnessed, and it is not where you want to be when the heat turns up.
No it is not “fair” as that implies equal opportunity.
I believe there are two factors at work that create the disparity of incomes. 1) Desire to improve which can come in many forms and motivations. It could be pure greed or the altruistic need to improve. The dollars are many times just the validation of their effort. But a rich person with many bathrooms can still only use one at a time. Thus the need to have more as “proof”
2) Unequal opportunity. If the owner decides their child should run a company they will regardless of knowledge or ability. Even entrepreneurs who had well off families had the chance to pursue their goals because they did not have to worry about food or shelter. Those tech billionaires who started in a garage still “had” a garage and a house and a car.
I’ve never earned a lot from a job so what I did was learn to invest and manage my own money and now I’m in a good place. No one care about you like yourself.
They make the decision and want to nik pik over certain things. Havent worked in any area of anyones job in 20 to 30 years. Heck 2 yrs and always hits you when I started out where you are now. Please miss me that nonsense. Pockets fat while we 10-12hrs to manage our life with the pennies they off. Gift us a $60 non-taxable.
Most CEOs are glorified sales reps: get people to buy the stock so the price goes up and shareholders make more money. So their comp shouldn’t be compared to the average worker at the firm (most of which are not in sales). It should be compared to the increase in value of the company.
Hence why when you hear a CEO made $20M it is usually very very heavily in stock options.
So if a CEO increased the company value by $200M and they get paid $10M maybe that’s fair? If the CEO increased it by say $1B and their options are for $10M is that fair?