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When executive pay is based on stock value which depends on keeping costs down, what relief can there be for employees and subcontractors?
When executive pay is based on stock value which depends on keeping costs down, what relief can there be for employees and subcontractors?
The purpose of a company isn't to employ people. It's to take raw inputs, including employee labor, and turn that into outputs that people want. Employee relief comes in the form of voting with their feet or if they're critical inputs into what the black box produces
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How do you determine these absolutes? Why is your 'should' and 'fair' set at whatever value you're using, and not whatever value someone else determined?
The only 'fair' is what someone is willing to pay.
If you aren't willing to pay someone 200m... then don't. Why do you care if someone else is willing and does?
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Fair, by definition, is when the market reaches equilibrium. The shareholders think this is a fair salary. Why is your opinion more valid than theirs? Sure, the salary is high, but it seems commensurate with the value that Amazon generates. Literally 30% of the entire internet runs on AWS, and that's just one part of their business.
Given that Tim Cook earns ~100M yearly, and Satya Nadella is at ~50M yearly, it seems low in comparison.
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When executive pay is based on stock value which depends on keeping costs down, what relief can there be for employees and subcontractors?