I was planning to donate the couple bucks I had left over from the year to the charity called “San Diego Zoo Wildlife Alliance”, I was doing a background check on CharityNavigator and they gave the charity full ratings so it seemed good.
Then I stumbled upon the salary section. What the fuck? I earn <20k a year and was planning to contribute to someone’s million dollar salary? WHAT.
It’s not exactly the charities fault.
The real issue is that for profit companies can pay their CEOs this much, which means charities have to compete if they want a good CEO too.
In reality we should be cracking down on companies hoarding wealth towards to their CEOs at exorbitant rates, that way charities won’t have to pay a wage like this just to function and even hire a CEO.
Who is this “we” cumquat? It really only impacts the investors or owners of the company.
Unless you are directly tied into a company it doesn’t really matter.
They don’t have to do this. They’re choosing to. It’s not like these guys can just walk into the unemployment office and say “I’d like one CEO job please”. There’s more people interested in executive positions than there are positions available. Why is it only acceptable to use that knowledge to negotiate lower wages for lower ranking positions?
Fundamentally good CEOs expect a wage based on the market.
There’s tonnes of high paying positions so, no, non profits truly will struggle to find an actually good CEO if they dont offer a competitive wage.
It’s not their fault, it’s the lack of regulation on all the for-profits and the fact they can funnel so much money up to CEOs unchecked.
If for-profits had regulatory checks that made them do that less, then non-profits wouldn’t have to compete with nearly as insanely high wages.
IE if there was a law that CEOs couldn’t be paid more than 10x their lowest paid worker, this problem would be a lot less insane.
You are assuming the highest paid ceos are the best choice for a charity as well. Running something with a goal of making as much money as possible is not the same as running something with a goal of helping with something as much as possible.
Its only the same if you think money accomplishes both, which is a valid take on things, I just dont agree with that myself.
I think they want someone with some experience. There aren’t that many of those.