Callers on the Eusebius McKaiser show debate whether it is right for CEOs of large firms to be earning large salaries.
Kennan from Bloemfontein says it does not make sense for CEOs to earn so much and not give back to the communities.
I want to know from people who earn gratuitous salaries, how do they justify what they earn? MTN CEO Rob Shuter is earning R117,600 a day. Most people earn that in a year. I want to know from people who earn such amounts what is their justification?— Kennan, Caller
Amando argues that CEOs study a lot and deserve it.
Across the world, there will also be the super-wealthy and poor people. CEOs of big companies are smart and they study. How do you now say these people must give that money away while they put in the effort.— Amando, Caller
However, Phumlani and Jeffrey say there is no justification for such salaries.
There can never be a moral or ethical justification to earn more than R100,000 per day especially for a company that has shredded its share price for over 40% in the last four years. The employees on that ground that are earning R5,000 per month the amount of work they do cannot be compared to the amount of work the CEO does.— Phumlani, Caller
Innovators like Bill Gates must be rewarded because they create wealth and job opportunities, however, the reward has to be shared where it is fair. The innovators are getting richer and richer while the workers are getting poorer and poorer.— Jeffrey, Caller
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