Because that’s the going rate for CEOs. Any of them could go to some private corporation and make just as much, if not more. So, nonprofits have to pay competitively or only afford CEOs willing to take the pay cut.
Which is all really terrible because no CEO is worth that much. They only get paid that much because big corporations have absurd amounts of money, and the people in charge of setting salaries have no restriction on paying themselves that much.
Any of them could go to some private corporation and make just as much, if not more. So, nonprofits have to pay competitively or only afford CEOs willing to take the pay cut.
How is that a problem?
Why not hire someone like me instead of someone that wants capitalist omnicide?
Because that’s the going rate for CEOs. Any of them could go to some private corporation and make just as much, if not more. So, nonprofits have to pay competitively or only afford CEOs willing to take the pay cut.
Which is all really terrible because no CEO is worth that much. They only get paid that much because big corporations have absurd amounts of money, and the people in charge of setting salaries have no restriction on paying themselves that much.
How is that a problem?
Why not hire someone like me instead of someone that wants capitalist omnicide?
We live in a Capitalist world, and like it or not, those CEOs know how to make companies thrive in it.
That’s the idea, at least.
A non-profit does not need to embrace capitalism to survive.