A good CEO helps an organization meet its goals, improves profits, makes shareholders happy, and is worth his or her weight in gold. Unfortunately, bad CEOs seem to be worth their weight in gold too. And the really, really bad ones are paid astronomical amounts for the inconvenience of being fired. With this sky-high median salary, it doesn\u2019t seem unreasonable to expect pay-for-performance.<\/p><\/blockquote>\n
Really?\u00a0 Pay-for-performance isn\u2019t in play for CEO\u2019s?\u00a0 How about news anchors on failing networks?\u00a0 Or movie actors involved in multiple flops?\u00a0 Those are huge salaries for people who do not head up companies that employ 10\u2019s, 100\u2019s or thousands of people.\u00a0 Most are adept at what they do and are handsomely compensated for it.\u00a0 I\u2019m not sure why that is a stumbling block for so many people.<\/p>\n","protected":false},"excerpt":{"rendered":"
I grow tired of these comparison articles that look at pay for positions based on the median.\u00a0 It is almost impossible to compare roles across companies, markets, industries, etc.\u00a0 However, there is always one position within a company that takes the main blow\u2026CEO.\u00a0 I\u2019ve been fortunate to work with quite a few highly-skilled CEO\u2019s and been provided the opportunity to see their typical day.\u00a0 The CEO position is extremely difficult even in the \u201ceasiest\u201d of positions. So here comes Salary.com with The 8 Most Overpaid & Underpaid Jobs.\u00a0 And, of course, CEO\u2019s are one of the overpaid positions. A good CEO helps an organization meet its goals, improves profits, makes… Read More<\/a><\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"bgseo_title":"","bgseo_description":"","bgseo_robots_index":"","bgseo_robots_follow":"","_jetpack_newsletter_access":"","_jetpack_dont_email_post_to_subs":false,"_jetpack_newsletter_tier_id":0,"_jetpack_memberships_contains_paywalled_content":false,"_jetpack_feature_clip_id":0,"_jetpack_memberships_contains_paid_content":false,"footnotes":"","jetpack_publicize_message":"","jetpack_publicize_feature_enabled":true,"jetpack_social_post_already_shared":false,"jetpack_social_options":{"image_generator_settings":{"template":"highway","default_image_id":0,"font":"","enabled":false},"version":2},"jetpack_post_was_ever_published":false},"categories":[20,31],"tags":[1705,1764,1329,521,97,56],"class_list":["post-2516","post","type-post","status-publish","format-standard","hentry","category-compensation","category-leadership","tag-ceo","tag-compensation","tag-compensation-set-point","tag-salary","tag-select-metrix","tag-trend"],"jetpack_publicize_connections":[],"jetpack_sharing_enabled":true,"jetpack_shortlink":"https:\/\/wp.me\/p5Oho-EA","jetpack-related-posts":[{"id":1452,"url":"http:\/\/selectmetrix.com\/blogs\/2008\/03\/ceos-are-not-overpaid\/","url_meta":{"origin":2516,"position":0},"title":"CEO’s Are Not Overpaid","author":"Derrick Moe","date":"March 4, 2008","format":false,"excerpt":"How is that for a title?\u00a0 Before I get flamed on this topic, let me pull some excerpts from a Human Resource Executive Online article (emphasis mine): A recent study conducted by DolmatConnell & Partners debunks the myth of runaway executive pay. The findings of the study tell a much\u2026","rel":"","context":"In "Compensation"","block_context":{"text":"Compensation","link":"http:\/\/selectmetrix.com\/blogs\/category\/compensation\/"},"img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":826,"url":"http:\/\/selectmetrix.com\/blogs\/2007\/04\/why-executive-salary-caps-dont-work\/","url_meta":{"origin":2516,"position":1},"title":"Why Executive Salary Caps Don’t Work","author":"Derrick Moe","date":"April 17, 2007","format":false,"excerpt":"The title of this post is a shot across the bow of Red Bird since he and I go toe-to-toe on this topic. I am a strong proponent of letting the market determine executive pay. I trust the market as the best arbitrator of compensation. The principle works every time\u2026","rel":"","context":"In "Compensation"","block_context":{"text":"Compensation","link":"http:\/\/selectmetrix.com\/blogs\/category\/compensation\/"},"img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":550,"url":"http:\/\/selectmetrix.com\/blogs\/2007\/01\/communicating-with-the-ceo\/","url_meta":{"origin":2516,"position":2},"title":"Communicating With The CEO","author":"Lee Fratzke","date":"January 5, 2007","format":false,"excerpt":"In Selling Power's latest Sales Manager's Newsletter there is an article from Anthony Parinello, author of Selling to VITO and Think & Sell Like a CEO. As a sales manager who is working with a salesperson on their messaging, Anthony makes some great points about assumptions CEO's hold about the\u2026","rel":"","context":"In "Communication"","block_context":{"text":"Communication","link":"http:\/\/selectmetrix.com\/blogs\/category\/communication\/"},"img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":412,"url":"http:\/\/selectmetrix.com\/blogs\/2006\/11\/the-cure-for-ceo-turnover\/","url_meta":{"origin":2516,"position":3},"title":"The Cure for CEO Turnover","author":"Derrick Moe","date":"November 1, 2006","format":false,"excerpt":"Honestly, I just came across this article - Women CEOs Experience Longer Tenures, Faster Growth - as a follow up to my previous post. This study is from a limited sample of Massachusetts-based companies with an average size of $54M\/year revenue and 120 employees. Not huge, but sizeable companies nonetheless.\u2026","rel":"","context":"In "Trends"","block_context":{"text":"Trends","link":"http:\/\/selectmetrix.com\/blogs\/category\/hiring\/trends\/"},"img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":49,"url":"http:\/\/selectmetrix.com\/blogs\/2006\/05\/now-this-is-a-commute\/","url_meta":{"origin":2516,"position":4},"title":"Now THIS is a Commute","author":"Derrick Moe","date":"May 23, 2006","format":false,"excerpt":"Work in Omaha, Live in Connecticut from CareerJournal discusses the commuting schedule of the CEO of ConAgra. Two words = corporate jet. The article provides much detail regarding the interaction between CEO's and the investment community. But in the middle of the article resides this little dandy: But other experts\u2026","rel":"","context":"In "Trends"","block_context":{"text":"Trends","link":"http:\/\/selectmetrix.com\/blogs\/category\/hiring\/trends\/"},"img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":935,"url":"http:\/\/selectmetrix.com\/blogs\/2007\/05\/the-selling-ceo\/","url_meta":{"origin":2516,"position":5},"title":"The Selling CEO","author":"Derrick Moe","date":"May 18, 2007","format":false,"excerpt":"CareerJournal.com's Company Leaders Are Spending More Quality Time With Customers covers a timely topic in today's market - CEO's directly involved in the selling process.\u00a0 We have seen this change in our mid-sized customers for the past few years.\u00a0 This article provides a good example - the CEO for Intel\u2026","rel":"","context":"In "Sales Techniques"","block_context":{"text":"Sales Techniques","link":"http:\/\/selectmetrix.com\/blogs\/category\/sales-techniques\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/selectmetrix.com\/blogs\/wp-content\/uploads\/2007\/05\/windowslivewriterthesellingceo-7d28bw-salesperson7.jpg?resize=350%2C200","width":350,"height":200},"classes":[]}],"jetpack_featured_media_url":"","_links":{"self":[{"href":"http:\/\/selectmetrix.com\/blogs\/wp-json\/wp\/v2\/posts\/2516","targetHints":{"allow":["GET"]}}],"collection":[{"href":"http:\/\/selectmetrix.com\/blogs\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"http:\/\/selectmetrix.com\/blogs\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"http:\/\/selectmetrix.com\/blogs\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"http:\/\/selectmetrix.com\/blogs\/wp-json\/wp\/v2\/comments?post=2516"}],"version-history":[{"count":2,"href":"http:\/\/selectmetrix.com\/blogs\/wp-json\/wp\/v2\/posts\/2516\/revisions"}],"predecessor-version":[{"id":2538,"href":"http:\/\/selectmetrix.com\/blogs\/wp-json\/wp\/v2\/posts\/2516\/revisions\/2538"}],"wp:attachment":[{"href":"http:\/\/selectmetrix.com\/blogs\/wp-json\/wp\/v2\/media?parent=2516"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"http:\/\/selectmetrix.com\/blogs\/wp-json\/wp\/v2\/categories?post=2516"},{"taxonomy":"post_tag","embeddable":true,"href":"http:\/\/selectmetrix.com\/blogs\/wp-json\/wp\/v2\/tags?post=2516"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}