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they are only paid a lot cause they are in the position of power to directly influence their salary.
And not because they have a much higher responsibility? As a CEO, it is your job to make sure a company makes a profit (unless you are a nonprofit, I guess you have some other goal you need to achieve). That is what you a pay a CEO to do. I assume you would pay more for someone who is able to turn a higher profit.
And not because they have a much higher responsibility? As a CEO, it is your job to make sure a company makes a profit (unless you are a nonprofit, I guess you have some other goal you need to achieve). That is what you a pay a CEO to do. I assume you would pay more for someone who is able to turn a higher profit.