Bosses Overpaid and Underworked?

Here is an article that asks if bosses are overpaid and underworked and why they are paid so much. One thought mentioned is that hard work is encouraged by the chance of big bucks and one day being the boss. Read some more of these thoughts.

Overpaid, underworked and in charge
"It should go without saying - but never does - that your boss is overpaid and underworked, while you and your colleagues toil long hours for peanuts. But beyond the fact that life is cruel, is there a rational explanation for this? An economist called Ed Lazear has one. He noticed that in a sporting tournament - say, Wimbledon - players are paid for winning rather than for trying.

But they try anyway. Lazear thinks the same is true of office life. Nobody thinks that Roger Federer's cheque at Wimbledon is supposed to be his payment for turning up at the next tennis match. They realize it's a reward for his past victories and a motivation for every other player to go away and practice, so that next year they will play better. " BBC News

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