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Old 03-09-2010, 08:04 AM   #21
PaulS
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Quote:
Originally Posted by striperman36 View Post
Why does a not for profit company the BCBS of MA pay their CEO millions of dollars a year to manage a not for profit organization?
B/c is still needs to be managed the same as a for profit company of the same size. If you want good people to run a not for profit, you have to pay them comparable salaries. The people who work there aren't doing it out of generosity, but b/c they need a job.
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