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    Paul Cantrell (inthehands@hachyderm.io)'s status on Friday, 17-Nov-2023 06:53:55 JSTPaul CantrellPaul Cantrell
    in reply to

    Properly quantifying this is of course murky far beyond my skills (and I’m not quite sure the math is correct: https://hachyderm.io/@inthehands/111422433783809200), but…

    All that is missing the basic point: if we pay CEOs because they help companies succeed, then shouldn’t we expect a closer relationship between CEO pay growth and worker productivity growth? The way those two numbers diverge suggests instead this is a case of “those who control the money make off with the money.”

    In conversationFriday, 17-Nov-2023 06:53:55 JST from hachyderm.iopermalink

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      Paul Cantrell (@inthehands@hachyderm.io)
      from Paul Cantrell
      @codefolio@ruby.social ceo_pay = (1,460 + 100) / 100 = 15.6 pay growth factor vs baseline productivity = 1.646 pay growth factor vs baseline productivity / ceo_pay = 0.1055 pay-per-productivity factor vs baseline (1 − productivity / ceo_pay) × 100 = 89.45, i.e. -89% growth @nrmacdonald@mastodon.social, am I missing something?
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