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Sacrifices have to be made for profit
(sopuli.xyz)
A place to post ridiculous posts from linkedIn.com
(Full transparency.. a mod for this sub happens to work there.. but that doesn't influence his moderation or laughter at a lot of posts.)
Biggest way to save on payroll, take the highest paid employee, and just offshore that position. Going to guess that's probably the CEO.
And honest question, the fuck do most CEOs even do, exactly? Not there ones working at startups or whatever... Why are they given seemingly dictator power over the company? Why not remove the position and use democracy to run the company...?
Because that would be socialism, and socialism, as we all know, is EVIL.
Hey, look I'm all for democracy, but it isn't a be all solution for everything.
They're supposed to be the one that lead the company to become better and bring in changes, and take the fall if something happened. They make decision for the company. But often its result in someone of nepotism/cronyism background with the boards and just sit there being useless, or someone the board of directors merely bring in to take the fall. The position itself is very useful for small private limited company, as the founder might not have the expertise to lead and inspire confidence from the worker.
That's a given. Else there's no need to hire a CEO.
It's not about "you" so let's don't make it about you. You don't give two fuck but shareholder, publicly traded company or otherwise, do.
Ok? Ok.