Boss
Take a Memo:
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- #81
Go into detail then about what a CEO does.
So you want me to give you a "cheat sheet" in case someone asks you this question again? I think I will pass on this and let you do some research on your own. I'll just say it's a much tougher job than you give it credit for. Good CEOs are worth every penny they make... if they weren't, they wouldn't be paid so much.
Now think about it a hot second.... Why would capitalists who's objective is bottom line profits, willingly overpay a CEO massive amounts of money that would otherwise be profit? If the CEO didn't bring a value, the capitalist would have no reason to pay them so much. A CEO is paid in accordance to how much value he provides to the capitalist. If they could achieve the same results with a cheaper CEO, they would.