tangman99
Active Member
It depends on the corporation. Big corporations obviously pay their CEO's rediculous amounts. If you really knew what they made, you would be really sick. What you see reported on the news is just what they are allowed to know. There other means of compensation that easily double or triple what you see reported. And then there are the Golden Parachutes. Pretty much the "no way you can lose" attraction to take the job in the first place. You can come in, mess up the company, leave and they will have to pay you millions to leave.
Don't classify all CEO's in this bracket though. I've been a CEO of a small consulting company and I wasn't making millions. I have however dropped a grand at dinner with friends and associates a few times. That is part of the game and it's an investment that you hope pays off in the future in either good work or business opportunities. It's called networking and you have to fork up the money sometime to do it. I'm at a Gartner Expo right now that between Hotels and Expo cost is about a $5000 investment. However, yesterday I sat 50 feet from Steve Ballmer (CEO of Microsoft) and Micheal Dell (CEO of DELL). Better yet, my company is paying all expenses.
I agree that big corporation CEOs are paid rediculously compensated, but offer me the job and I think I could learn to overlook it.
Don't classify all CEO's in this bracket though. I've been a CEO of a small consulting company and I wasn't making millions. I have however dropped a grand at dinner with friends and associates a few times. That is part of the game and it's an investment that you hope pays off in the future in either good work or business opportunities. It's called networking and you have to fork up the money sometime to do it. I'm at a Gartner Expo right now that between Hotels and Expo cost is about a $5000 investment. However, yesterday I sat 50 feet from Steve Ballmer (CEO of Microsoft) and Micheal Dell (CEO of DELL). Better yet, my company is paying all expenses.
I agree that big corporation CEOs are paid rediculously compensated, but offer me the job and I think I could learn to overlook it.