If Tiger Woods or other professional athletes and entertainers can earn tens of millions of dollars why aren’t intelligent heads of large business not also entitled to that sort of pay?
“If Tiger Woods or other professional athletes and entertainers can earn tens of millions of dollars why arent intelligent heads of large business not also entitled to that sort of pay?”
Tiger and a lot of rich celebs make big money for a lot of other people. There isnt a CEO that makes its company more money than the big celeb endorssers do
Its nuts for any company to pay a CEO a huge salary, esp if the company doesnt make a profit.
Who do you think is more important to their company...Rush Limbaugh or the CEO of Premiere/Clear Channel? Who do you think makes more money for the comapny....Rush or the CEO? At 25 million per year...Rush is underpaid (and I am not figuring in the billions many have made off the sales of AM radio stations...which were dead in the water before Rush became big)
I cannot understand the fascination of people who support big CEO pay. They are just another employee of a company...and usually a very expensive and profit-killing one.