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Northern Illinois | anybody would do it?? being CEO of a major corporation or president of university is not the same as being a MLB ballplayer where we can look at batting average and tell how much a player is worth. We really don't know the worth of one person compared to replacement value.
What gets me is board of directors set salary and board is made up of people who are also CEOs so board sets salary of one CEO at "x" then all their salaries are influenced by salary of person they set the salary for. So it is like a snowball rolling downhill as salaries always get set higher.
Sort of like school superintendents. If one district pays $200,000 the next time the contract of the neighboring district superintendent comes up they will demand in excess of $200,000 and it just spirals upward. | |
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