It seems that I’m doing a lot of thinking and reading, so I suppose that’s good. One thing I’ve been thinking about a lot is human capital and I believe that is what it’s going to set us apart from others when it comes to hiring and productivity—our levels of human capital.
So I saw this article – California high-speed rail hires CEO for $375,000.
An executive for the company that built France’s bullet trains will lead California’s high-speed rail project for a salary of $375,000, making him one of state government’s highest paid nonuniversity workers.
The California High-Speed Rail Authority board on Thursday unanimously voted to hire Roelof van Ark, 58, of New York as CEO of the $43 billion undertaking being touted as the largest public works project in the nation.
Van Ark will leave his job as president of Alstom Transportation, a role he has held since 2005. Alstom Transportation is the North American subsidiary of the French company Alstom, a corporation with $20 billion in annual sales that built France’s TGV bullet trains and employs 65,000 people.
My first thought was wow, that must be a nice sum of pocket money except the pay is actually low. Van Ark, the CEO, was earning close to a million dollars at his current position. Another thought is that Van Ark only needs to bring himself to the U.S. and his relocation expenses will be covered. How nice is that? Clearly, he’s got the human capital skill that is high in demand and the board is willing to pay him the salary.
That got me thinking and how I can raise my human capital and be more productive.