Leeks ,

That increase isn't in spite of the company's layoffs. It is because of them.

The feedback cycle rewards this behavior, so it will continue to happen.

GreenEnigma ,

Supposedly they get responsibilities, that’s why it’s justified they make the big bucks.

But repercussions? Those aren’t C level things.

For them, is Golden parachutes all the way.

And I think to qualify all they really have to do is not see everyone else as human!

NovaPrime ,
@NovaPrime@lemmy.ml avatar

Responsibilities without consequences are just wish lists. If there are no repercussions then responsibility means nothing.

exoplanetary ,
@exoplanetary@lemmy.world avatar

Hard agree. The whole “bigger responsibility justifies bigger paycheck” idea is bullshit when the executives are far more willing to save their own asses by fucking over employees than take a pay cut and only be able to afford 19 yachts this year.

One executive making $50m/yr is equivalent to 500 employees making $100k/yr (a fairly decent salary). Is the work they do 500x more valuable than an average employee? Strongly doubt it. The whole system’s fucking ridiculous and it absolutely disproportionally screws over the average person.

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