I think the Nvidia should get a life.i also agree 100%, if you are working every second of your waking hours then you are far from being efficient.

It's meant to deify these CEOs. Gullible schmoes see this and think "well that makes sense, he spends every hour of his day working. That's three times more than me! No wonder he makes a million times my salary! See, the only reason I'm not making billions is because I don't have the divine skills and talent to work on my company all day." (Or, "I choose to have a work-life balance cause I don't mind making a little less money")

These CEOs have PR teams dedicated to slipping out stories like these so it keeps the CEO looking like a king.

Ugh. People wasting company time by thinking about their health and welfare and if they can afford their bills. When they should be thinking about the company. Won't someone think of the profits. Theft. Theft all of it! Makes me so sick I have to take a mental health day away from checking my investments. /s /s /ssssssssss

One of the perks of my job is that we have 50 hours a year in addition to our holidays that we can cash in whenever we need them.

Everyone takes them, but my boss uses a handful each year, stays late every night, only uses half his holidays and loses the rest. I'll never understand it.

Yes I understand that for some people out there, being a tech executive is their highest passion and true calling. But I hate it when those people turn around and expect everybody to act that way, and act like they’re just more virtuous for doing so. I have a very successful tech career but it’s a job, not my whole life. This society values money, so we keep asking rich people for life advice, as if they have tapped into something deeply human and universal. They haven’t.

And if its voluntary I would more likely categorize it as a hobby rather than work. I think we need a better definition for "work". Work, to me, is an obligation. People work in order to feed and house themselves. So let's says someone has $10mil. That is more than enough to easily live off the interest. I would say anyone at that level of wealth never actually works because they have the option to stop at any time, which in my mind makes it a hobby.

Also, having no work-life balance is different if you own a significant fraction of the company vs. if you're on salary.

Like, if Jensen Huang spends 12 hours over the weekend working on something for nVidia and increases the share price by 0.01% (with a $4.165 trillion market cap, this means it goes up $416 million), his personal net worth will go up by $14.7m. Not bad for a little weekend work.

Let's assume that someone who is on salary is on something absurd like $1m per year and gets a 500% bonus for working overtime. Their 12 hours of weekend work is going to net them $28k. That's certainly nice, but it's about 1/500th of what Huang gets. And, your average engineer probably doesn't get overtime at all, and if they did it would be closer to $3k not $30k.

If someone who owns a business wants to have a bad work-life balance, that's one thing. But, it should never be expected of anybody who's just on salary.

Very large companies run themselves by inertia alone.... until the c-suite fucks it up trying to make more money.

This must be the 10th time I comment this on Lemmy and you might already know this, but:

The reason a CEO gets paid what he gets paid is not because of the value he adds to the company (as you pointed out, anyone could do the job), but because when the company fucks up (whether due to his decisions, or those of the board, or just anything, really), he takes the fall so the company can keep on doing whatever shady shit they're doing and the board can act like they had no idea what was going on.

Nvidia CEO couldn't do my job for an hour, and I work in tech

Hour to hour and day to day that's probably true. But, nVidia is actually an example of a company where their leadership made some smart decisions decades ago by understanding their market extremely well and correctly predicting what was going to be happening in the industry 5-10 years down the line. For example, he went all in on CUDA almost a decade before the AI went mainstream, and because of that decision, nVidia is the biggest company in the world today.

I would bet that if a major decision came up and you had to decide whether or not to go all in on X, you couldn't actually do his job.