Current Events > Nurses and even doctors get paid chump change compared to CEOs

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r25
07/27/19 4:21:12 PM
#1:


The CEOs who simply advise who to unplug based on financial expenditure.

Compared to the actual important job who has to deal with patients and families and death all the time.

Reminds me of how teachers are very important, but make pennies
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Evening_Dragon
07/27/19 4:22:10 PM
#2:


Yeah, it bugs me too. The point where money only exists for the sake of money is the point where it's gone to shit.
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treewojima
07/27/19 4:22:33 PM
#3:


pay in America is based on how much wealth you "generate", not on the value of what you produce
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SK8T3R215
07/27/19 4:22:56 PM
#4:


me: ok
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LordMarshal
07/27/19 4:23:38 PM
#5:


Rich people hoard money after buying everything theyve ever wanted.
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Beveren_Rabbit
07/27/19 4:24:34 PM
#6:


Don't people have to work really hard and have to be have a really high IQ to be CEO's?
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r25
07/27/19 4:26:24 PM
#7:


Beveren_Rabbit posted...
Don't people have to work really hard and have to be have a really high IQ to be CEO's?

CEOs just need that business degree. That's understandably far less schooling than medical degrees.
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Romes187
07/27/19 4:28:11 PM
#8:


Man those smart doctors should become ceos since it doesnt take as much brain power.

I mean, its easy to build and run a company that makes a shit ton of money.

Wondering why more dont do it tbh
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averagejoel
07/27/19 4:29:48 PM
#9:


treewojima posted...
pay in America is based on how much wealth you "generate", not on the value of what you produce

depending on your definition of "value" here, those two are the same thing.

and pay in america is not actually based on how much wealth you generate. it's usually based on how many hours you spend working. fast food workers would be making a hell of a lot more if that were the case.
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r25
07/27/19 4:30:13 PM
#10:


Romes187 posted...
Man those smart doctors should become ceos since it doesnt take as much brain power.

I mean, its easy to build and run a company that makes a shit ton of money.

Wondering why more dont do it tbh

Not exactly about smarts. People typically choose their careers based on personal preference. Medical field gives workers a chance to really help people.
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averagejoel
07/27/19 4:30:37 PM
#11:


Romes187 posted...
Man those smart doctors should become ceos since it doesnt take as much brain power.

I mean, its easy to build and run a company that makes a shit ton of money.

Wondering why more dont do it tbh

because capitalism as an economic system will not allow that to happen
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TheMikh
07/27/19 4:30:54 PM
#12:


r25 posted...
Beveren_Rabbit posted...
Don't people have to work really hard and have to be have a really high IQ to be CEO's?

CEOs just need that business degree. That's understandably far less schooling than medical degrees.

ceos with business degrees maintain businesses

ceos without degrees build businesses
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r25
07/27/19 4:32:19 PM
#13:


TheMikh posted...
r25 posted...
Beveren_Rabbit posted...
Don't people have to work really hard and have to be have a really high IQ to be CEO's?

CEOs just need that business degree. That's understandably far less schooling than medical degrees.

ceos with business degrees maintain businesses

ceos without degrees build businesses

Exactly. Some business people don't even need school. Everyone in medicine has to put in hundreds of hours before getting that first paycheck.
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treewojima
07/27/19 4:33:54 PM
#14:


averagejoel posted...
treewojima posted...
pay in America is based on how much wealth you "generate", not on the value of what you produce

depending on your definition of "value" here, those two are the same thing.

and pay in america is not actually based on how much wealth you generate. it's usually based on how many hours you spend working. fast food workers would be making a hell of a lot more if that were the case.


I was being sarcastic
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Romes187
07/27/19 4:34:43 PM
#15:


averagejoel posted...
Romes187 posted...
Man those smart doctors should become ceos since it doesnt take as much brain power.

I mean, its easy to build and run a company that makes a shit ton of money.

Wondering why more dont do it tbh

because capitalism as an economic system will not allow that to happen


Not Allow what to happen

Build and run a company or make a shit ton of money or both
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averagejoel
07/27/19 4:39:13 PM
#16:


Romes187 posted...
averagejoel posted...
Romes187 posted...
Man those smart doctors should become ceos since it doesnt take as much brain power.

I mean, its easy to build and run a company that makes a shit ton of money.

Wondering why more dont do it tbh

because capitalism as an economic system will not allow that to happen


Not Allow what to happen

Build and run a company or make a shit ton of money or both

both

capitalism cannot allow everyone to build and run a company. that wouldn't work. there wouldn't be workers.

it also cannot allow everyone to "make a shit ton of money" unless you count shit like printing a lot more money
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WilliamPorygon
07/27/19 4:45:45 PM
#17:


Beveren_Rabbit posted...
Don't people have to work really hard and have to be have a really high IQ to be CEO's?
Hahaha, thanks, I really needed a good laugh

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#18
Post #18 was unavailable or deleted.
TheMikh
07/27/19 4:55:20 PM
#19:


r25 posted...
TheMikh posted...
r25 posted...
Beveren_Rabbit posted...
Don't people have to work really hard and have to be have a really high IQ to be CEO's?

CEOs just need that business degree. That's understandably far less schooling than medical degrees.

ceos with business degrees maintain businesses

ceos without degrees build businesses

Exactly. Some business people don't even need school. Everyone in medicine has to put in hundreds of hours before getting that first paycheck.

same with business builders, who get their experience on the fly from hours put into it, even if it's not formal education

can't say the same for business maintainers, aside from the fact that the rigging of the economy is an enabling factor

with that said though, nurses could benefit from being paid more and serving more roles currently filled by doctors, while doctors (minus surgeons and highly critical specialists) should probably take a pay cut
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megamanfreakXD
07/27/19 4:56:25 PM
#20:


As a physician, I was fucking pissed that my institution fired a lot of phlebotomists, meaning now I have to do some blood draws. God damn higher ups.
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Romes187
07/27/19 4:56:53 PM
#21:


averagejoel posted...
Romes187 posted...
averagejoel posted...
Romes187 posted...
Man those smart doctors should become ceos since it doesnt take as much brain power.

I mean, its easy to build and run a company that makes a shit ton of money.

Wondering why more dont do it tbh

because capitalism as an economic system will not allow that to happen


Not Allow what to happen

Build and run a company or make a shit ton of money or both

both

capitalism cannot allow everyone to build and run a company. that wouldn't work. there wouldn't be workers.

it also cannot allow everyone to "make a shit ton of money" unless you count shit like printing a lot more money


agreed

thats why I said the smart doctors should build and run businesses, not everyone

most people aren't smart enough, don't work hard enough, or aren't creative enough to build and run a business.

Luckily for them, others do and they can trade their labor for money

dont you teach music? That's running a business...figure out a way to make more money from it.
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Broseph_Stalin
07/27/19 5:05:37 PM
#22:


PXTCHDc
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Rexdragon125
07/27/19 5:08:41 PM
#23:


^ most of the money is going to doctors' administration. Why would a capitalist pay their workers more than the bare minimum they can get away with
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r25
07/27/19 5:10:15 PM
#24:


Broseph_Stalin posted...
PXTCHDc

I'm saying CEOs get paid too much
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Beveren_Rabbit
07/27/19 5:20:26 PM
#25:


Teachers usually end up having to buy their own supplies for class so they literally just work to pay living expenses and to teach and kids have the nerve to think it's okay to constantly disrespect teachers because it's what kids always do in American cartoons.
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Milkman5
07/27/19 5:21:42 PM
#26:


r25 posted...
Beveren_Rabbit posted...
Don't people have to work really hard and have to be have a really high IQ to be CEO's?

CEOs just need that business degree. That's understandably far less schooling than medical degrees.


The average person with a business degree makes way way way less than a Nurse or a Doctor
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r25
07/27/19 5:22:20 PM
#27:


Milkman5 posted...
r25 posted...
Beveren_Rabbit posted...
Don't people have to work really hard and have to be have a really high IQ to be CEO's?

CEOs just need that business degree. That's understandably far less schooling than medical degrees.


The average person with a business degree makes way way way less than a Nurse or a Doctor

Good thing I specified CEO multiple times throughout the topic.
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Milkman5
07/27/19 5:23:01 PM
#28:


Beveren_Rabbit posted...
kids have the nerve to think it's okay to constantly disrespect teachers because it's what kids always do in American cartoons.


That is not why kids disrespect teachers. Kids don't want to go to school, they are being forced and teachers are the ones assigning them work, bossing them around and giving them bad grades.
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Doe
07/27/19 5:25:08 PM
#29:


It's weird because in games when you have a laughable amount of money you just stop worrying about money stuff but wealthy people irl keep craving more ludicrous money
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pikachupwnage
07/27/19 5:25:42 PM
#30:


treewojima posted...
pay in America is based on how much wealth you "generate", not on the value of what you produce


That is hardly an America only thing.
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Milkman5
07/27/19 5:25:56 PM
#31:


r25 posted...

Good thing I specified CEO multiple times throughout the topic.


It's comparable to acting. The vast majority of people who try to be a CEO or start a business, fail horribly.
It's really hard and statistically improbable that you get rich from making your own company.

Becoming a doctor is on average way way more rewarding than pursuing a career as a CEO.

If it was really that easy to become a rich CEO and all you needed was a business degree, then why do most of the people with a business degree never become a CEO of a successful company?
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TomNook20
07/27/19 5:26:43 PM
#32:


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Milkman5
07/27/19 5:28:39 PM
#33:


I work as a software engineer (well I'm just an intern), there was almost no risk involved. At no point do I think to myself it is unfair that the CEO of the software company makes more than the people who actually make their product.

because any one of those software engineers could just start their own company. But they don't. Because it's fucking impossible to make it that way and too risky.

I tried to make a start-up company with my friends (it was an app) and it was a nightmare.

Hard to be motivated when working with no pay with no guarantee you will ever see a return for your work.
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averagejoel
07/27/19 5:29:06 PM
#34:


Romes187 posted...
most people aren't smart enough, don't work hard enough, or aren't creative enough to build and run a business.

I will not believe that business owners are smarter, harder working, or more creative than non-business owners unless I see some hard numbers backing it up.

dont you teach music? That's running a business...figure out a way to make more money from it.

personal experience is irrelevant here, and I was not complaining about my individual circumstances.
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SK8T3R215
07/27/19 5:30:49 PM
#35:


Milkman5 posted...
r25 posted...

Good thing I specified CEO multiple times throughout the topic.


It's comparable to acting. The vast majority of people who try to be a CEO or start a business, fail horribly.
It's really hard and statistically improbable that you get rich from making your own company.

Becoming a doctor is on average way way more rewarding than pursuing a career as a CEO.

If it was really that easy to become a rich CEO and all you needed was a business degree, then why do most of the people with a business degree never become a CEO of a successful company?


P much. It's not like every bozo who gets a "business" degree becomes a CEO.
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Milkman5
07/27/19 5:32:23 PM
#36:


averagejoel posted...

I will not believe that business owners are smarter, harder working, or more creative than non-business owners unless I see some hard numbers backing it up.


It's hard to quantify, but they had the right idea at the right time and executed it better than everyone else. That's what distinguishes those who fail vs those who succeed in business.

Whether you want to call that hard work, intelligence, luck... is up to you.

Imo it's a combination of all three, but certainly some businesses are way more luck based.
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MutantJohn
07/27/19 5:49:49 PM
#37:


Milkman5 posted...
averagejoel posted...

I will not believe that business owners are smarter, harder working, or more creative than non-business owners unless I see some hard numbers backing it up.


It's hard to quantify, but they had the right idea at the right time and executed it better than everyone else. That's what distinguishes those who fail vs those who succeed in business.

Whether you want to call that hard work, intelligence, luck... is up to you.

Imo it's a combination of all three, but certainly some businesses are way more luck based.

This is a very nave view of how the world works.
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Evening_Dragon
07/27/19 5:50:31 PM
#38:


That's a shit post!
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averagejoel
07/27/19 5:53:07 PM
#39:


Milkman5 posted...
they had the right idea at the right time and executed it better than everyone else. That's what distinguishes those who fail vs those who succeed in business.

gonna need to see some hard numbers before I believe this claim too
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Evening_Dragon
07/27/19 5:55:00 PM
#40:


averagejoel posted...
Milkman5 posted...
they had the right idea at the right time and executed it better than everyone else. That's what distinguishes those who fail vs those who succeed in business.

gonna need to see some hard numbers before I believe this claim too


Even before getting into hard numbers, how could a business succeed otherwise?
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masticatingman
07/27/19 5:55:08 PM
#41:


Nurses get paid pretty well considering the amount of schoolwork they gotta do.
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averagejoel
07/27/19 5:57:19 PM
#42:


Evening_Dragon posted...
averagejoel posted...
Milkman5 posted...
they had the right idea at the right time and executed it better than everyone else. That's what distinguishes those who fail vs those who succeed in business.

gonna need to see some hard numbers before I believe this claim too


Even before getting into hard numbers, how could a business succeed otherwise?

by making more money than their competition
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MaverickXeo
07/27/19 6:09:07 PM
#43:


Milkman5 posted...
I work as a software engineer (well I'm just an intern), there was almost no risk involved. At no point do I think to myself it is unfair that the CEO of the software company makes more than the people who actually make their product.

because any one of those software engineers could just start their own company. But they don't. Because it's fucking impossible to make it that way and too risky.

I tried to make a start-up company with my friends (it was an app) and it was a nightmare.

Hard to be motivated when working with no pay with no guarantee you will ever see a return for your work.


Exactly. 'Risk' is why CEO's get paid 'so much.' If there was no risk involved, then anyone could be a multi-million dollar CEO.

The problem is that people assume CEO's don't do any work, but look into what is involved in creating, managing, and growing a business. Ideas are needed to do all three, and in order to succeed, there is always the possibility of losing everything and failing. How many multi-million dollar companies have failed or been set back due to a change in the economy/market? Look at companies like Blockbuster, Kodak, etc. Blackberry is another one that 'failed' but is making a turn around somewhat.

The biggest concern a lot of businesses face overall though, is growth. Yes, anyone can run a company. How can that company grow, though? As time goes on, a company MUST grow and become more and more profitable to succeed. If they do not, then another company will take their place.
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Awesome
07/27/19 6:12:04 PM
#44:


there are many people that can be doctors so its not a rare thing, but to be a good ceo of a wealthy company is a rarity. thats why top athletes are paid so well, very few human beings on the whole planet can do what they do, thats the whole point of scarcity.
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MutantJohn
07/27/19 6:17:53 PM
#45:


The biggest problem with deifying CEOs is that it diminishes the work done by the employees.

CEOs can guide the ship, sure, but it's the crew that keeps everything above water.
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MaverickXeo
07/27/19 9:52:07 PM
#46:


MutantJohn posted...
The biggest problem with deifying CEOs is that it diminishes the work done by the employees.

CEOs can guide the ship, sure, but it's the crew that keeps everything above water.


Of course, everyone matters; but most people can be replaced easily. A fast food worker, no matter how good they are, are easily replaceable. There are many more people than there are jobs, so its not a problem for a company to find low-skill workers.
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BobanMarjanovic
07/27/19 9:52:32 PM
#47:


TC never went to economics 101
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OctaviaMeIody69
07/27/19 9:53:19 PM
#48:


CEOs do the most work
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