Current Events > My CEO told me his salary and it's really not that much

(+) Yeah! (+)

He makes 108 dollars an hour.
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How big is your company?

Also he might make his real money in shares and quarterly bonuses.
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pinky0926 posted...

How big is your company?

Also he might make his real money in shares and quarterly bonuses.

A small company. We got like a little over 100 employees.
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I mean, that's still a shit load of money
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It's not CEO of Walmart kind of money but that does come to over $200k at normal full time, which he probably does at least full time and a half. Though if he's CEO, he's probably salaried and just divided his salary by 2000 to tell you an hourly wage.
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DevsBro posted...

It's not CEO of Walmart kind of money but that does come to over $200k at normal full time, which he probably does at least full time and a half. Though if he's CEO, he's probably salaried and just divided his salary by 2000 to tell you an hourly wage.

As CEO he's probably counting that as a regular 40 hour week but he probably does closer to 90.
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The CEO almost never comes in on Friday and if they do it'll be for half a day at the very most lmao. So no they don't full 40 hours but yeah the dude is salary.
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Veggeta_MAX posted...

The CEO almost never comes in on Friday and if they do it'll be for half a day at the very most lmao. So no they don't full 40 hours but yeah the dude is salary.

What you probably don't see is him answering emails at 5.30am, and working saturdays and sundays, and generally spending most evenings doing some kind of work.

I could be totally off base here, but the "CEO doesn't ever do any actual work" stereotype is one I've never understood, because every CEO I've ever been friends with pretty much lives and breathes their work at the expense of every other aspect of their lives. Can't even have a drink with them at the bar without it turning into a business development brain storming session.
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why does the ceo need a high income? i mean they own the company so at any point they can sell and get a huge payout.
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Veggeta_MAX posted...

He makes 108 dollars an hour.

Salary
Per hour
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Rika_Furude posted...

why does the ceo need a high income? i mean they own the company so at any point they can sell and get a huge payout.

CEOs are usually greedy fucks, bro. I know for a fact my CEO uses the business' profit to buy personal stuff and not from his own salaries that he pays himself. I mean it's his company I guess, he can do whatever he wants.
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Rika_Furude posted...

why does the ceo need a high income? i mean they own the company so at any point they can sell and get a huge payout.

CEO =/= business owner.

Veggeta_MAX posted...

He makes 108 dollars an hour.

I've literally never heard of CE getting paid on an hourly basis.
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JE19426 posted...

Rika_Furude posted...

why does the ceo need a high income? i mean they own the company so at any point they can sell and get a huge payout.

CEO =/= business owner.

CEOs usually get huge ownership perks when they get hired on. And if it is a public company, the salary is just based off industry standard, they make their real money in stock and bonuses. Also if it's a public company you can look on their public filings to see exactly how much all the executives make
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pinky0926 posted...

What you probably don't see is him answering emails at 5.30am, and working saturdays and sundays, and generally spending most evenings doing some kind of work.

You're delusional if you think most CEO's are like this.
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The Admiral posted...

I've literally never heard of CE getting paid on an hourly basis.

DevsBro posted...

Though if he's CEO, he's probably salaried and just divided his salary by 2000 to tell you an hourly wage.

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bluezero posted...

pinky0926 posted...

What you probably don't see is him answering emails at 5.30am, and working saturdays and sundays, and generally spending most evenings doing some kind of work.

You're delusional if you think most CEO's are like this.

You're delusional if you think being CEO is a cushy part time job. There, I can make grandiose off-base statements too.

I've never met a lazy CEO. The ones I know personally are all like how I described. They work hard, but take privileges that come with the position. They also tend to be giant assholes.
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pinky0926 posted...

but take privileges that come with the position.

Yeah like going golfing mid work day.
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Veggeta_MAX posted...

pinky0926 posted...

but take privileges that come with the position.

Yeah like going golfing mid work day.

Who are they going golfing with most of the time, though?
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haha you work for a dirt poor ceo
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pinky0926 posted...

Veggeta_MAX posted...

pinky0926 posted...

but take privileges that come with the position.

Yeah like going golfing mid work day.

Who are they going golfing with most of the time, though?

With the COO, Controller and VP of Operations usually lmao.
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My CEO be cool sometimes though. He just bought all of us pizza but to tell you the truth I'd like to see the money go into my raise this year instead.
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pinky0926 posted...

Veggeta_MAX posted...

pinky0926 posted...

but take privileges that come with the position.

Yeah like going golfing mid work day.

Who are they going golfing with most of the time, though?

Customers, vendors, the VP, etc.
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bluezero posted...

pinky0926 posted...

Veggeta_MAX posted...

pinky0926 posted...

but take privileges that come with the position.

Yeah like going golfing mid work day.

Who are they going golfing with most of the time, though?

Customers, vendors, the VP, etc.

This is my point. I've been to some of those mid work day golfing trips. They're not really all that relaxed at all. The entire thing is the scene of a cat-and-mouse bargaining game between vested parties. Obviously, sometimes they're just an excuse to get out of the office.

Look, I'm not saying CEOs don't just take personal days from time to time, but they generally pay for it in other ways. They're almost always on call. Imagine getting a phonecall on a sunday bbq because someone is trying to sue the company. That's the shit CEOs take home with them every day.
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Veggeta_MAX posted...

Rika_Furude posted...

why does the ceo need a high income? i mean they own the company so at any point they can sell and get a huge payout.

CEOs are usually greedy fucks, bro. I know for a fact my CEO uses the business' profit to buy personal stuff and not from his own salaries that he pays himself. I mean it's his company I guess, he can do whatever he wants.

Noooo, that looks like a slam dunk embezzlent case.
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bluezero posted...

pinky0926 posted...

What you probably don't see is him answering emails at 5.30am, and working saturdays and sundays, and generally spending most evenings doing some kind of work.

You're delusional if you think most CEO's are like this.

It's believable. There's plenty of lower/entry level people like this.
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what a loser, he must be like that pro basketball player who's only 6'4.

pinky0926 posted...

Veggeta_MAX posted...

The CEO almost never comes in on Friday and if they do it'll be for half a day at the very most lmao. So no they don't full 40 hours but yeah the dude is salary.

What you probably don't see is him answering emails at 5.30am, and working saturdays and sundays, and generally spending most evenings doing some kind of work.

I could be totally off base here, but the "CEO doesn't ever do any actual work" stereotype is one I've never understood, because every CEO I've ever been friends with pretty much lives and breathes their work at the expense of every other aspect of their lives. Can't even have a drink with them at the bar without it turning into a business development brain storming session.

The brainwashing works, and here's the proof.
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Twinmold posted...

pinky0926 posted...

Veggeta_MAX posted...

The CEO almost never comes in on Friday and if they do it'll be for half a day at the very most lmao. So no they don't full 40 hours but yeah the dude is salary.

What you probably don't see is him answering emails at 5.30am, and working saturdays and sundays, and generally spending most evenings doing some kind of work.

I could be totally off base here, but the "CEO doesn't ever do any actual work" stereotype is one I've never understood, because every CEO I've ever been friends with pretty much lives and breathes their work at the expense of every other aspect of their lives. Can't even have a drink with them at the bar without it turning into a business development brain storming session.

The brainwashing works, and here's the proof.

You guys are so edgy it's actually reaching through the screen and cutting me right in the face as I sit here.
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If your CEO works approx. 45 hours a week, then he makes over 233K before taxes. That's a lot of money still.
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M_Live posted...

Not that much
$108/hour

Choose one

Do people not get sarcasm or what?
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pinky0926 posted...

I could be totally off base here, but the "CEO doesn't ever do any actual work" stereotype is one I've never understood,

These guys sit around and do nothing, and exploit our labor! They profit off the backs of us proletariat! We need to revolt and bring them down!!!
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pinky0926 posted...

Look, I'm not saying CEOs don't just take personal days from time to time, but they generally pay for it in other ways. They're almost always on call. Imagine getting a phonecall on a sunday bbq because someone is trying to sue the company. That's the s*** CEOs take home with them every day.

Oh my, the suffering of being responsible for a company. I feel sooooo bad for them, the weight on their shoulders that they must burden is unreal. Surely only select individuals could possibly stomach the responsibilities of ensuring a company is running and growing and have to juggle those with the freedom to set their own hours, the perks of an enormous salary among others.
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Sad_Face posted...

pinky0926 posted...

Look, I'm not saying CEOs don't just take personal days from time to time, but they generally pay for it in other ways. They're almost always on call. Imagine getting a phonecall on a sunday bbq because someone is trying to sue the company. That's the s*** CEOs take home with them every day.

Oh my, the suffering of being responsible for a company. I feel sooooo bad for them, the weight on their shoulders that they must burden is unreal. Surely only select individuals could possibly stomach the responsibilities of ensuring a company is running and growing and have to juggle those with the freedom to set their own hours, the perks of an enormous salary among others.

Yeah fuck man. Meanwhile us proletariat who are making the company rich don't get paid shit!
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I know several executives at companies ranging from a few hundred million to several billion, and they all eat/sleep/breathe the companies they work for, it is a 24/7 gig
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Are we really ragging on CEOs here? It's a tough fucking job that consumes your life.
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Sad_Face posted...

pinky0926 posted...

Look, I'm not saying CEOs don't just take personal days from time to time, but they generally pay for it in other ways. They're almost always on call. Imagine getting a phonecall on a sunday bbq because someone is trying to sue the company. That's the s*** CEOs take home with them every day.

Oh my, the suffering of being responsible for a company. I feel sooooo bad for them, the weight on their shoulders that they must burden is unreal. Surely only select individuals could possibly stomach the responsibilities of ensuring a company is running and growing and have to juggle those with the freedom to set their own hours, the perks of an enormous salary among others.

The reasonable position to have here is that it comes with massive perks but incredible risk. If a company you work for folds you're out of a job. If a company folds that you have a stake in then you're at the risk of legal issues for the rest of your life.

You want to be CEO and have that social status and the earnings that come with it, then you take on the burden of being personally responsible for every person who works for you as a 24/7 job. Most people don't seem to understand that, apparently.
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bluezero posted...

M_Live posted...

Not that much
$108/hour

Choose one

Do people not get sarcasm or what?

I think you're giving TC too much credit.
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Asherlee10 posted...

pinky0926 posted...

What you probably don't see is him answering emails at 5.30am, and working saturdays and sundays, and generally spending most evenings doing some kind of work.

Correct. I work closely with CEOs of some Fortune 1000 and Fortune 500 companies. They are not often in the office, but I have them on Skype and they are literally answering emails from me at 4 am, skyping me at 11 pm, etc.

The ones I work with, at least, do not seem to ever stop.

Voice of reason. Every CEO I've ever worked with is a workaholic to the point where every facet of their life - their friends, family, hobbies - all revolve around a basic cost/benefit towards the growth of their business.
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EnragedSlith posted...

Are we really ragging on CEOs here? It's a tough fucking job that consumes your life.

Everyone here is a 14 - 21 year old who knows nothing about working.
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over 200k isn't much?
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