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Money and Righteousness

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Nelson Boils:
Say you run a company of 10 employees including yourself,and you make 200 bucks per month as profit,and you've paid all expenses except salaries,including yourself.

How would you pay yourself and staff,between 200 bucks?

Would you pay yourself more than you pay your employees?Why?
Would you split the profit amongst you all?Why?

I guess what I'm asking is that, why does the CEO earn more than those at the bottom of the food chain?With the CEO getting more money than his employees,does it mean he is doing a more important job than his employees?Does it mean he works harder than others?Does it mean he is more valuable to a company than his employees?

Nelson Boils:
If I pay each employee 5 bucks,that means 9employees x 5bucks = 45 bucks,and I haven't paid myself yet.200 profit - 45 bucks = 155 bucks. 

That means 155 bucks comes to me - The CEO!

Is this greed?Is this the way of the world?

lilitalienboi16:
Generally, it implies he is more valuable because he does a job which is in high demand but whom few people can peform. Hence there is high demand but limited supply so companies pay a lot of money to garner this rare and precious commodity.

The higher the skill requirement for a job, generally, the greater the pay off. Its why doctors are compensated fairly well for what they do (Though the pay for doctors continues to drop while medical school costs continue to increase). It takes a minimum of 12 years after highschool to train a basic primary care doctor and ~250k dollars on the part of the training physician to achieve that goal. This doesn't take into account the cost prior to medical school or the cost and time required post medical school to specialize, say in surgery, urology, oncology, etc.... Plus doctors are in high demand (everyone gets sick) but there are so few of them due to the difficulty of the training, time required, and cost.

Hope you don't mind the medical example, its the field i'm most familiar with.

God bless,
Alex

Gina:
I think the CEO wouldn't be the CEO if he was horrible with money.  I think the CEO should be wise, not greedy; the CEO is smart enough to start a company, therefore in his wisdom he makes sure there is plenty for a rainy day for his employees.  His employees will thank him for not indulging their fantasies with wads of cash (because if they were wise enough to start their own businesses they wouldn't need to work for someone else).  So, it is good that there are CEO's in the world to provide jobs for the little ones who can't do it themselves.  The little ones will thank you when they see that you saw the storm coming long before they did and made a way through it not just for you but them too.  So, set a good example for your employees and don't over indulge yourself or them.  Don't be a scrooge but don't be careless either, and set money aside for a rainy day.  You will have taught them a lesson in self-control and wisdom.

octoberose:
Well, don't confuse CEO and owner - they can be two differnt people. For the purposes of this discussion I'd like to address the owner. The owner takes all the risks, takes on all the debt,  owns the intellectual and physical property, and therefore can pay himself anything he /she would like - after payment of all employees, all bills, all taxes, all health care. In a small business no one works harder than the owner and often their hourly salary while trying to establish their business is dismal. 
 As for me I would rather work as to the Lord and not worry if someone is getting my perceived share of $200!

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