Quote:
Originally Posted by jammies
Bill Gates was an entrepreneur and investor, and he made the vast bulk of his money by owning stock in his company that appreciated in value, not from his weekly wages as CEO. Thanks for confirming my argument that the common misconception is, indeed, common.
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Whose to say a lot of other people making outlandish 'salaries' are not doing the same thing?
I find it a bit strange that there are so many complaints about ridiculous CEO pay while in fact it has been pointed out in this thread that average CEO pay is not THAT crazy.
Sure there are a few that make more than they should considering how poorly their company is doing, but seems to me overall the average pay, at least in Canada, isn't that ridiculous.
IMO, focus should be more on fair wages and workers right than it should be on outlandish CEO pay. If anything, give the shareholders more power to protest poor company performance while the CEO is raking it in.