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How Do CEOs Earn Their Massive Pay?
Hint: It’s not hard work or company performance
Before you read further, I’ve prepared financial projections for over 500 companies located all over the world seeking equity investment, business loans, or private investors. I’ve done expansions, mergers & acquisitions, and startups. I don’t allow any business, anywhere, to pay a worker less than a living wage. Since I have recently completed plans for a social enterprise business delivering clean water in Pakistan — the gap between what Pakistanis consider a good wage compared to North America is vast. But also let’s say I understand the exchange rate between PKR and USD better, as well as the reason why workers in that nation prefer to be paid in cold, hard, real USD cash.
I’ve been meaning to write about the inverse relationship of CEO pay to company performance for several years now. It just seems like now, the time is right.
What do I Mean by Inverse Relationship?
The worse the company performs financially, the more the CEO tends to be paid. The high-paid CEOs on this AFL-CIO list of high-paid CEOs aren’t in charge of the best-performing companies. Whether you count company expansion, mergers & acquisitions, or actual production metrics or KPIs, none of these CEOs show any measurable…
