CEO pay is up 1,085% since 1978, while typical worker pay is up just 24%.
Why do we always hear "we can't afford to pay our workers more" but never "we can't afford to pay our CEO more"?
CEO has the greatest influence over the direction of the organization. If the position lacks leadership and skills, the direction of the organization suffers taking everyone working there with them. Top talent is expensive and always in demand.
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A lot of CEOs are horrible at their jobs because they are morally and ethically bankrupt. Empathy is one of the most critical qualities for good leadership, but our current culture thinks being a tyrant is better because we have been brainwashed to believe it by rich narcissists.
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Top talent without empathy or respect for employees is expensive. Hire other talent.
