Can someone remind me why we've been spending decades educating the Chinese on our college campuses?

A CEOs job is to only make decisions. All the actual work is done by the layers of employees below him. They get the credit and they get the blame. They are the external face so have to answer for anything that goes wrong. In one year they'll make multiples more than average employee in a lifetime. If they fail miserably, they are still super wealthy. Totally worth it.

Hard to want to put more than 40 for a company that has no loyalty to its employees. At some point, it's not worth it.

Also want to make a distinction from a publically traded corporate CEO for a CEO of a small business. CEO of his own business has his own capital on the line and built something. The CEO of a publicly traded company is a politician. His own capital isn't being reinvested or at risk, it's the corporations capital that pays his very well.

Philip J Fry said:

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Hard to want to put more than 40 for a company that has no loyalty to its employees. At some point, it's not worth it.

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I've worked in two companies like that. At some point, you have to vote with your feet.

My last employment I ended up in the worst "division". Despite the company having a world class rep for treating their employees well it was cr*p, and I worked for an insufferable gnome.

One day before a holiday, I noticed my co-worker had changed her time off to work that day instead of doing mom stuff, and I quit by email and walked out the door. Sweet feeling; hope you find a better place.

If you're a business owner, 40 hour work weeks don't exist.

Dan Scott said:

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A CEOs job is to only make decisions. All the actual work is done by the layers of employees below him. They get the credit and they get the blame. They are the external face so have to answer for anything that goes wrong. In one year they'll make multiples more than average employee in a lifetime. If they fail miserably, they are still super wealthy. Totally worth it.

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They get to "put the blame" on someone else. Missed quarterly earnings? Layoff 20%. Wall St happy, CEO is a hero. Costs look good but soon it shows up in revenues and the CEO gets fired. Bad? No. He gets a golden parachute and one of his CEO buddies makes him President of some division in a month and he is back on his feet. Employees? Can't find a job for a year.

#Mke said:

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Can someone remind me why we've been spending decades educating the Chinese on our college campuses?

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Because Americans are short-term thinkers. Our country is less than 300 years old. Chinese civilization is some 10000. So is the Hindu civilization. They have long term memory. That is why Trump's tantrums did not faze India.

We took short term money but sold out our long term interests. Typical American way of thinking and we label it "capitalism" or "conservatism" to sell it to more gullible Americans.

Waffledynamics said:

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Typical out of touch CEO talk.

Nobody wants their entire life to be work, nor should they. I'm supposed to miss time with my family and lose my sanity and health because these spoiled brat CEOs want the same level of production as near slave labor in China? Absolutely not, and I'm very productive at my job. Thankfully I'm not in tech. It sounds miserable.

At a certain point, these executives need a reality check.

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We brought in the 3rd world (H1Bs), so we have become the 3rd world.
Where working 996 is common and "average" just to stay afloat.

Congratulations yall.

Dan Scott said:

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Also want to make a distinction from a publically traded corporate CEO for a CEO of a small business. CEO of his own business has his own capital on the line and built something. The CEO of a publicly traded company is a politician. His own capital isn't being reinvested or at risk, it's the corporations capital that pays his very well.

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Good point.
A CEO of his own firm will never tolerate H1B mediocre low quality work. He will bring in actual top notch H1Bs. Unlike career CEOs who only want to cut costs.

Have a serious question for discussion

At what point do we lay blame at the Boards of directors which hire these CEOs instead of the ceo itself? But then, how can we blame individual board members who each have their own funding and agendas? The point I'm making is, nobody which mole gets whacked down, there's a whole other army of perhaps even more rich and influential leftists or international actors.

There's something rotten in the state of Denmark.

Irony when you wont need to code anymore. The future of coding will be AI driven (already is now.)

I can code things in minutes vs weeks of work in the past. This is evolving at a rate that is unreal and it will eventually eliminate the need to "code" at all.

Philip J Fry said:

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Hard to want to put more than 40 for a company that has no loyalty to its employees. At some point, it's not worth it.

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You don't work for a company...you work for your family.

Apollo79 said:

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Do the CEO's do that schedule too? Somehow, I doubt it.

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Several of my kids friends had CEO fathers.

One particular told his son "I leave Monday morning. Or I go and return Friday evening. Don't bother me while I'm gone."

Sometimes it was a Sunday flight. His senior year of HS, the boy sent me a Father's Day txt. "You are the dad I always wish I had."

I passed on promotions so I could raise my kids and saw so much absenteeism from father's that I literally tried to extend my reach to as many as I could.

Not sure I've ever seen an Exec... let alone a CEOs that worked less than 60hrs/week.

#Mke said:

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Can someone remind me why we've been spending decades educating the Chinese on our college campuses?

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It was an attempt decades ago to teach them how Democracy worked and what Freedom was. They were to be educated and then return home tainted with the taste of America and Freedom.

See: Tianiman Square.

Instead, the Chinese set up Confusious Centers in order to bring the goodness of Communism to America

Most CEOs I've known put in insane hours, have extremely stressful jobs, and get paid handsomely.

Would I love that job? Nope
Would I love that pay? Heck yeah.

CEO s that think rank and file should put in the same 70 hours a week as they do, absolutely suck. Those guys are usually *******s . But they can make it work if they hire carefully (eg SpaceX) and pay exceptionally well

The 40-hour workweek was designed in an era when men were breadwinners and women were homemakers. Now that we have both sexes working, then shouldn't each person only need to work 20 hours to get the same work done?

It seems like capitalists used feminists demands for "equality" as an excuse to screw over the working man.

DallasAg 94 said:

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Apollo79 said:

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Do the CEO's do that schedule too? Somehow, I doubt it.

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Several of my kids friends had CEO fathers.

One particular told his son "I leave Monday morning. Or I go and return Friday evening. Don't bother me while I'm gone."

Sometimes it was a Sunday flight. His senior year of HS, the boy sent me a Father's Day txt. "You are the dad I always wish I had."

I passed on promotions so I could raise my kids and saw so much absenteeism from father's that I literally tried to extend my reach to as many as I could.

Not sure I've ever seen an Exec... let alone a CEOs that worked less than 60hrs/week.

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I know so many high corporate execs and a lot of them are incredibly inefficient. That's why they need 80 hours. I'm not trying to bag on boomers but they really struggled with efficiency. They believed 12 hours of "work" is actual work, it's not though. It's dicking around the office or with colleagues "gathering intel" and taking far too long to get reports ready. Millennials love the two useless meetings a day where the millennial in charge then takes no action but blames everyone else.
Lots of ineptitude and inefficiency regardless of generation, people where "long days" as a badge of honor and I've always found those people to be the ones who are the brightest but they protect themselves well!