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As You Sow is an organization dedicated to corporate social responsibility and each year it provides a detailed report about executive salaries and calculates which ones are overpaid. In this year's report of the 100 most overpaid executives, two gaming CEOs made the list: EA's CEO Andrew Wilson and Activision's CEO Bobby Kotick.
Comments
In my eyes both companies suck now. They were great, but no longer.
Are they being paid to kill the legends of old?
So its a legitimate question. And one that shareholders should address. And all shareholders should vote even if they only have 1 share otherwise its passive acceptance.
Hsbc isnt a good example because they are so huge, they have multiple regional CEO's, it would be interesting to see the aggregate salary of the C-Suite
You can see my sci-fi/WW2 book recommendations.
You can see my sci-fi/WW2 book recommendations.
You can see my sci-fi/WW2 book recommendations.
This amount of wealth concentration doesn't serve the greater good. But it was never intended to.
We expect our children to get excellent educations but understaff and underpay the people tasked with doing just that.
On the flip side, we see no problem with some football star receiving a million dollar salary to catch balls for 1/4 of the year.
The people who are of greatest importance to our planet have historically made the least. Farmers are more important to this planet than game designers are. Teachers are more important to this planet than IT professionals are. Healthcare workers, sanitation workers, notice the word work right in their job description, are far more important to this planet than athletes, actors, and stockbrokers.
We pay those who do the least the most and those who do the most, the least.
¯\_(ツ)_/¯
One of a million farmers compared to the one and only CEO of a multi-million dollar game company. It's called logic, my guy.
Look, I don't begrudge CEOs good salaries, but there is only so much money a person can spend in a lifetime. I've always thought that if I were ever so fortunate, I'd be an altruist. When I was teaching, I always dreamed of having enough cash to run a school with all the modern trimmings missing in public education (where I taught, btw) and where teachers were valued for their importance to all kids -- pretty much what LeBron James is doing.
https://www.nytimes.com/2018/07/30/sports/basketball/lebron-james-akron-school.html
I hope some of these CEOs are doing similar. If they aren't, they should.
¯\_(ツ)_/¯
No one gets paid for the intrinsic value of what they do. In an economy where money is the universal barter currency, those that bring in the most are by default, the most important.
You have a society that breaks down back into the barter economy without money, then, perhaps a farmer is most important, but let us be realistic, the land owner is the important one historically speaking.
And healthcare is so important that it makes trillions, but spread out across millions of people.
Overall, realize you live in a capitalistic society and take advantage of it
You can see my sci-fi/WW2 book recommendations.
Farmers as a whole are way more important than entertainment or any basketball player. I mean farming and food is probably a trillion dollar industry but it is spread out among all the hundred and thousands or millions of farmers. As i alluded to earlier, the NBA brings in 7.6 billion a year and it is really only spread out between 30 owners and 360 players.
If you really want to make the claim that doctors for example are more important than entertainers, then you should compare the aggregate industry instead of looking at average salaries, whixh in reality, is taking the dollars of the aggregate industry and dividing it by those that are involved in the industry.
You can see my sci-fi/WW2 book recommendations.
And does anyone here know how these two CEOs are using their money? No? Okay then, thanks for showing your concern.
I understand that someone has to be taught/fed to live and learn, but crying over how much the two top ranking members of a company with a $7 billion revenue? Absurd to me, especially when you compare them to teachers or farmers, two very common jobs at this point in time.
Yes, you are more important to society if you're a teacher,farmer, etc. But you do not deserve as much pay as these CEOs. Your comparisons are idiotic if you actually think them through.
This whole topic in a nutshell.
Thanks for your concern. Please, and I mean this very respectfully, do not put words in my mouth.
¯\_(ツ)_/¯
CEO - Deals with all company's runnings and decisions, is the poster child of the company. If they screw up the company suffers for their decisions and behavior.
Athlete - High pressure to perform on a daily basis until the athlete break of each sport. High danger to themselves and others when playing said game. Risk of being disabled high. A face for the organization they are part of, what they say and do does effect the organization even when outside the game.
Teacher - Generally considered low risk and easy to replace. Unless popular among the community what they say/do does not effect the school as a whole.
Farmer - Keeps to themselves their only risk is of their own equipment and fiances, does not have anything to do with a public image.
Stocker/Fast Food - Easy to replace, zero effect to the company, issues are quickly taken care of and everyone forgets about what ever out burst happened within a week.
Whether I think it is right or wrong doesn't matter, it just matters that everything follows the common theme of risk for pay.
No one is incorrect to express their feelings, you'd do well to remember that.
Go spend a year or two as a substitute or as a full blown teacher and then come back and say that. Ugh.
¯\_(ツ)_/¯
"Be water my friend" - Bruce Lee
Weather
"Be water my friend" - Bruce Lee
You showed concern over what they spend their money on. I said thanks. No assumptions at all. Reply with a quote of where I put words in your mouth. You won't be able to.