this post was submitted on 20 Oct 2023
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Executive pay makes up up a much much smaller portion of business expenses than people think. I crunched some numbers for Lowes a while back after they got featured in story about CEO pay, and if you simply vaporized the CEO and redistributed his pay, Lowes employees would get an hourly raise of two cents.
And there are a hell of a lot more YouTubers than there are Lowes workers. Executive pay really is not the unlimited money pot people think it is.