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Learning, Sharing, and Teaching => Entrepreneurship => Topic started by: WanderLucky on June 07, 2018, 09:32:13 AM

Title: CEO pay?
Post by: WanderLucky on June 07, 2018, 09:32:13 AM

Any suggestions for resources to help determine fair CEO compensation? I figure it depends on size of the company, location, profitability, revenue, etc??? I found one report but it was $2500. Sites like PayScale.com give such a wide range that it seems unhelpful. Any suggestions?

Thanks!

Title: Re: CEO pay?
Post by: lexde on June 07, 2018, 10:52:27 AM

What kind of company? What industry? How much gross/net profit?

Title: Re: CEO pay?
Post by: Smokystache on June 07, 2018, 08:25:35 PM

And a big consideration is if this is (in my opinion) a real CEO, or "just" a founder/owner of a business. I have a company and sometimes I joke that I'm the CEO and janitor. I  refer to myself as the Founder/owner. I think it's silly to call oneself or others a CEO when there are none or only a handful of employees ... But most people these days love to use the c-level terms regardless of the size of the company.

So in short, what Lexde said.