• KeenFlame
    link
    fedilink
    arrow-up
    7
    arrow-down
    1
    ·
    1 year ago

    Not true

    It is to sustain an elite that takes the money in form of salary

    • TranscendentalEmpire@lemm.ee
      link
      fedilink
      arrow-up
      2
      arrow-down
      6
      ·
      1 year ago

      Wtf are you babbling about? What salary man do you know that’s “elite”? They aren’t even petite bourgeoisie, they just think they are. The middle class is dead.

      • KeenFlame
        link
        fedilink
        arrow-up
        1
        ·
        1 year ago

        All CEO make their money from absurd salaries that they choose themselves

        • TranscendentalEmpire@lemm.ee
          link
          fedilink
          arrow-up
          1
          ·
          1 year ago

          A CEO isn’t a salary man… A salary man is just a white collar worker who works for a salary, not hourly. Which is typically taken advantage of by having them work a tremendous amount of unpaid overtime.

          Also, salaries are generally the least attractive part of being paid as a CEO. Taking the majority of your compensation as stock options allows you to avoid income tax.

          • KeenFlame
            link
            fedilink
            arrow-up
            1
            ·
            11 months ago

            Then why is their salary extremely insanely out of proportion in a destructive manner orders of magnitude over any sane number?

            • TranscendentalEmpire@lemm.ee
              link
              fedilink
              arrow-up
              1
              ·
              11 months ago

              Their total compensation is… But, the vast majority of their compensation packages are made up of stock options and bonuses.

              I’m not claiming that they aren’t being paid way too much money, just that when people talk about a salary employee they don’t typically think of the CEO.