Lenovo CEO Gives His $3 Million Bonus to 10,000 Employees • Hacker News Board

Re: Lenovo CEO Gives His $3 Million Bonus to 10,000 Employees

#151

Post by dredmorbius » Sun, Jul 22, 2012, 11:33 PM UTC

rayiner wrote: post #117

dredmorbius wrote: post #111

Earlier quoted context omitted.

You've just reiterated the value theory of labor, first expressed by Karl Marx. I take it you're a Communist then, and follow Communist thinking in other economic thought as well. The classical economic theory of pricing holds that goods (and labor) are exchanged at a point where the supply and demand curves cross. This, according to the principles of free markets as expressed first by Adam Smith and subsequently ref…

I don't understand the down votes here. Other than the snark, it's right on point.

The snark is also on point :)

Re: Lenovo CEO Gives His $3 Million Bonus to 10,000 Employees

#152

Post by heyitsnick » Mon, Jul 23, 2012, 12:15 AM UTC

ralfn wrote: post #59

nateburke wrote: post #29

Guts. This guy has guts. Hoarding away a 3m bonus like that has an implicit statement of "I'm afraid for my own fiscal future to the tune of 3m dollars" stamped on it. Instead, he gives it away, telling the world and his employees that he is confident, nay, OPTIMISTIC about the company's future. To contrast, take the typical American CEO: he or she would have taken this money, offshored it, spent another couple of ye…

A bit off topic, but anyway: In buddism, the term for discipline is the same turn used for morality. ( they dont make the distinction ) You, here, interrestingly, suggest that a relationship between morality and guts. Im not agreeing or disagreeing with anything in particular here. Just considered the contrast interesting.

>In buddism, the term for discipline is the same turn used for morality. ( they dont make the distinction )

What's the term?

Re: Lenovo CEO Gives His $3 Million Bonus to 10,000 Employees

#153

Post by zobzu » Mon, Jul 23, 2012, 12:22 AM UTC

dannyobrien wrote: post #125

harryh wrote: post #64

Earlier quoted context omitted.

Being a CEO is way way way way way way way harder than individual contributor technical jobs. The breadth of skill and degree of dedication required to do the job well is just insane.

Cite? I know CEOs, and I know factory workers. They wouldn't be able to do each other's jobs.

Well, I'd agree with that (in general at least)

The thing is, being CEO is generally way less specialized (and thus easier).

It almost entirely depends on having good employees rather than direct CEO decisions (even thus some are really bad most are OK).

Sure there are exceptional CEOs but it's pretty damn rare. (rare meaning 1 every 100000 not 1 every 10)