Highest Paid Employee
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@xenon said in Highest Paid Employee:
He's probably worth A LOT more in the private sector.
Because of name recognition, sure. Or do you believe he has some special epidemiological talents that the market would recognize as worth A LOT more than what he's making on taxpayer money?
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@horace it's impossible to separate his public persona from what he's worth - because external relations would be a big part of the top epidemiologist or biological scientist at any private sector job (e.g., hospital system, university, large drug maker etc.).
Then there's consulting gigs and board positions. Top professors typically make most of their money from consulting on their area of expertise. So, something like that.
Plus he's an MD, so 400K is already kinda in line with average specialist salary.
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@xenon said in Highest Paid Employee:
@horace it's impossible to separate his public persona from what he's worth - because external relations would be a big part of the top epidemiologist or biological scientist at any private sector job (e.g., hospital system, university, large drug maker etc.).
Then there's consulting gigs and board positions. Top professors typically make most of their money from consulting on their area of expertise. So, something like that.
Plus he's an MD, so 400K is already kinda in line with average specialist salary.
Right, it would be impossible to separate. But one could look up what epidemiologists make and come to a comfortable ballpark figure, absent the name recognition.
It's not as if ex-presidents make so much money on the public speaking circuit because of their unique insights and wisdom. It's just that people are willing to pay to be in personal contact with power, however useless that contact actually is, beyond its emotional value to the primates who yearn for it.
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It is not that Dr. Fauci is overpaid, it is that the president is WAY WAY underpaid.
I think I mentioned this before, but Singapore has made it a "rule" to match high level government people salaries in line with private industry, the thinking that job responsiblities are the same or greater, and making salaries competitive with private companies will lead to a greater group of potential government ministers, etc.
Here is an article that explains it.
(https://www.dollarsandsense.sg/heres-much-singapores-president-cabinet-ministers-paid-salary/)
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@taiwan_girl said in Highest Paid Employee:
It is not that Dr. Fauci is overpaid, it is that the president is WAY WAY underpaid.
Totally agree. The president has so much impact on the economy and the stock market, he (or she!) really should be paid commensurately.
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@horace said in Highest Paid Employee:
@taiwan_girl said in Highest Paid Employee:
It is not that Dr. Fauci is overpaid, it is that the president is WAY WAY underpaid.
Totally agree. The president has so much impact on the economy and the stock market, he (or she!) really should be paid commensurately.
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Maybe if the job paid more, they'd be able to hire somebody half decent to do it.
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@horace said in Highest Paid Employee:
@taiwan_girl said in Highest Paid Employee:
It is not that Dr. Fauci is overpaid, it is that the president is WAY WAY underpaid.
Totally agree. The president has so much impact on the economy and the stock market, he (or she!) really should be paid commensurately.
Too funny.