Jobs Quote by James Sinegal
“If somehow a proclamation were made that C.E.O.'s could only make a maximum of $300,000 a year, you would not have any shortage of very qualified men and women seeking the jobs.”
About This Quote
Source Interview: Interview with James Sinegal, Co‑Founder of Costco, 2015
Limiting executive pay would attract many capable candidates, showing talent isn’t tied to high salaries.
In simple terms: High pay isn’t needed for talent.
Offer fair wages to attract talent.
Themes
Mood
Type
When to use this quote
- executive hiring
- salary negotiations
- company policy
- talent acquisition
Key Concepts
Questions to Reflect On
- Would lower caps improve fairness?
- How might talent respond to lower pay?
High pay can also motivate performance; low caps may deter top‑tier leaders.