Apple Exec bonuses
Out of context: Reply #38
- Started
- Last post
- 51 Responses
- Amicus0
I guess it's risk vs reward.
The higher up the tree you are the more important and riskier the decisions you have to make. Consistently make good decisions and everyone has a job. Make one or two bad decisions and you can sink the whole company. Good executives are paid well because they very rarely make bad decisions.
I think the lowest paid workers should all get a bigger bite of the cherry, but you can train virtually anyone to assembly a product. However, it is the rare few who can think far enough ahead at a deep strategic level and turn that into great products that translate into profits.
Personally if I were the CEO I'd happily have a slightly lower profit margin to pay my workers better. 10% pay rises for factory workers would probably lower the profit margins by about 2%, right?