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Comment on CEO cuts his pay by almost $1M to give his employees big raisesparent

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Sure, but without a source this is just baseless cynicism.

HN is supposed to be a place for intelligent discussion: giving unsourced cynicism equal weight as evidence is creating an echo chamber for pseudo-intellectuals to parrot their beliefs.

Or is this baseless trust of a CEO in an interview with the New York Times? Surely what you propose is not a trust model for a robust organism.

Also, because somebody doubted the honesty of a CEO, you decide to talk about how they are a pseudo-intellectual in an echo chamber who parrots their baseless cynicism?

The burden of proof is on the cynic, not the person who is citing sources.

Assume I hire you as a manager in my organization and give you a hiring budget of $200k. You could decide that you want to hire 5 new college grads at $40k per year or 2 senior candidates at $100k each. Now assume that I tell you the minimum salary for any of your hires is $100k. My question to you:

What would be your incentive to hire two college grads you'll need to invest in training versus candidates with years of experience and skills?

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