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Why are CEOs paid as much as 300 times more than other employees?   The Consumer You: Marketplace

Started Dec-2 by Showtalk; 2458 views.
Showtalk

Poll Question From Showtalk

Dec-2

Why are CEOs paid as much as 300 times more than other employees?
  • They help set their own salaries1  vote
    5%
  • Their salaries are set by boards made up of other CEOs1  vote
    5%
  • 1 and 23  votes
    15%
  • They are worth whatever they are paid2  votes
    10%
  • They are no different than politicians, using position to build wealth7  votes
    36%
  • 1,2 and 30  votes
    0%
  • All of the above4  votes
    21%
  • I don't know0  votes
    0%
  • I don't care, their salaries don't affect me1  vote
    5%
  • Other0  votes
    0%
They help set their own salaries 
Their salaries are set by boards made up of other CEOs 
1 and 2 
They are worth whatever they are paid 
They are no different than politicians, using position to build wealth 
1,2 and 3 
All of the above 
I don't know 
I don't care, their salaries don't affect me 
Other 
kizmet1

From: kizmet1 

Dec-6

I have always said (truly) that someone could have a degree in basket weaving and get a promotion over someone who was a dedicated and smart worker with a lot of experience on the job. Not everyone could afford college.
Showtalk
Staff

From: Showtalk 

Dec-6

That could be true unless the job requires skills thy don’t have,

kizmet1

From: kizmet1 

Dec-6

Or maybe others knew people in high places.
Showtalk
Staff

From: Showtalk 

Dec-7

Nepotism.  It could also be the city.  A large city with many open jobs has better opportunities. A small city with few people needing jobs also has good employment.  That is one reason, though, why so many open their own businesses. So they don’t have to rely on someone else to give them jobs,

kizmet1

From: kizmet1 

Dec-7

Some people are very dynamic in dealing with people no matter their their education or experience. An uncle spoke 9 European languages. He got a gov't job. Was sent to Japan. They loved him and requested him all the time. He never spoke Japanese but he learned to.love fish raw or cooked. He'd always hated it.
Showtalk
Staff

From: Showtalk 

Dec-7

A strong and warm personality is always a benefit.

kizmet1

From: kizmet1 

Dec-7

Yes. I agree. Not enough around.
Showtalk
Staff

From: Showtalk 

Dec-7

It seems to make their lives easier.  I have a few friends like that who are naturally social and people gravitate to them.

kizmet1

From: kizmet1 

Dec-7

My uncle still had an accent after 35 years but I guess it made people curious about how he got here?
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