CEO: We need to cut costs.
Accountant: Okay. We paid you $50 million last year. We spent $10 million on your private jet flights and luxury hotel accommodations. For some reason you are being paid $1 million for this 45 minute meeting.
CEO: I see. Who's that in the hallway?
Accountant: That's Greg. He is the only thing keeping this company from falling apart. We pay him in nickels and Grubhub gift cards.
CEO: Fire Greg.
🇳🇱
CEO of amazon makes 1.3 million a year thats on the low end, Apple is about 50 million. So lets go with apple, they employ 165,000 people but counting contractors and factory workers they actually employ 1.5 million people.
So if you fired the CEO of apple, one of the most highly paid CEO in history, you wouldnt even make back enough money to give every contractor and employee they hire a single penny more per year, not even a penny.
Sorry buddy but the "CEO are greedy and not worth their pay" narrative is getting old and tripe.
@freemo @lowqualityfacts
I'm not going to state my position on the overall issue here, but I think your employee and contractor total is questionable and your arithmetic is incorrect. Apple's count of employees and contractors, in full-time equivalents, is 161,000. Tim Cook's $63,209,845/year divided amongst 161,000 people would be an additional $387/year each.
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@freemo @lowqualityfacts
I don't know how you got 1.5M people, but if it is by counting the employees and contractors of Apple's suppliers, that would be non-sensical. The suppliers are responsible for managing their own CEO pay and their own payroll, out of their own revenue.
No its from the public records of Apple. Obviously the employees of some other company they buy from would not be included. This is the contractor count of their supply chain. I can find the source for you when ig et home if you want.
@freemo @lowqualityfacts
The place Apple said $1.5M was in a vague claim about jobs attributable to the App Store, which is irrelevant.