Salaries of Employees from "non-profit charity" I was going to donate too
Salaries of Employees from "non-profit charity" I was going to donate too
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.
This is more of a system issue than bad behavior of an individual charity.
Charities can underpay a little bit, because working for a charity has its own appeal. But if you want a talented, experienced person to run your org, you have to consider what they could make if they worked for someone else. San Diego is not a cheap city, and has its fair share of CEO positions.
If you really want to stretch your dollar though, local food banks are probably a better bet.
Talent and experience isn't that rare. Nor does executive compensation correlate with performance.
Whether it does or not is irrelevant; what matters is the perception among executives that it does.
The pay correlates directly to how hard you are to replace.
But Elon said CEOs are the most important people because they create the value.
I’m not living in america. In my country this really isn’t a thing. Most charities have a sort of “everyone gets the same salary” policy which is usually around the median salary in the country.
This charity was just running a cool project I wanted to donate too. I dont care what the american system is like, no one deserves 1 million a year while there are people starving.
Why not donate to a local charity that might not receive as much, rather than a US based one?
How does not giving that ‘cool project’ money do any good?
Yeah, it's a tough call to make. It's like those car donation things. Like 90% of your car's value goes to the company managing the sale, but that's still 10% to the charity that they wouldn't have anyway. Unless you want to deal with selling your own car, and giving the charity the money, it still does some good.
I suspect a $1M salary isn't too insane for a CEO if they bring tangible value to the company. Also, with a lack of shareholders to answer to like in a publicly traded company, their motivations probably align with the cause they're supporting. It's not like they're going to sell off a shitload of assets to bump stock price and escape with a golden parachute.
That’s such bullshit reasoning. They make more than 99.9% of people. I get that not everyone is great, but you are saying 99.9% of people are all talentless hacks that couldn’t do a decent enough job to the extent that the salary savings would be worth it?
Guess my civil engineering degree and 18 years of experience is a worthless pile of shit.
Hypothetically, if you were looking at two civil engineering jobs, and one paid 100k/yr, and another paid 200k/yr, which would you pick?
Would it matter much if any of the construction guys doing the actually construction of your projects made 50k/yr? Are they less talented than you for that?
It's not so much about "talentless hacks" vs "a decent job" as trying to entice the best person you can afford.