• Grapho@lemmy.ml
    link
    fedilink
    English
    arrow-up
    4
    ·
    3 days ago

    Sure, whereupon the CEO alone can receive an 8 figure compensation package. That is not at all an issue to the viability of a non-profit.

    • null_dot@lemmy.dbzer0.com
      link
      fedilink
      English
      arrow-up
      1
      arrow-down
      3
      ·
      3 days ago

      It’s not as simple as just deciding to hire people at lower rates of pay.

      Cost cutting is a tricky game. When an organisation is not on a positive trajectory, cost cutting has a very high risk of re-enforcing the underlying problems.

      That’s not to say cost cutting isn’t a worthy objective, but it needs to be carefully considered.

      If you want a CEO with the right skills and connections you need to pay.

      • piefood@feddit.online
        link
        fedilink
        English
        arrow-up
        3
        ·
        2 days ago

        But they have a strong history of paying a lot for CEOs that don’t have the right skills and connections. It’s not just this one, it’s a systemic issue for them.

        • null_dot@lemmy.dbzer0.com
          link
          fedilink
          English
          arrow-up
          1
          arrow-down
          1
          ·
          2 days ago

          On one hand you’re correct in that their CEOs haven’t been able to turn the situation around.

          On the other hand it’s hubris to suggest that you know better than whoever is doing the hiring.