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'It's grotesque': As CEOs rake in millions in annual pay, their employees struggle to get by
Financial Post ^ | June 11, 2018 | David Gelles

Posted on 06/27/2018 2:25:33 PM PDT by rickmichaels

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To: rickmichaels

Go make yourself a CEO or millionaire....


41 posted on 06/27/2018 3:22:47 PM PDT by Vendome (I've Gotta Be Me https://youtu.be/wH-pk2vZGw2M)
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To: PrincessB
When I worked at the bank, I traveled about 3-times and then the thrill was gone. It may have shone because when cutbacks came, I was cutback.
42 posted on 06/27/2018 3:23:22 PM PDT by donna (The United States Constitution and the Koran are mutually exclusive.)
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To: Manuel OKelley

Government grants them visas for foreign workers who under cut my fucking paycheck


43 posted on 06/27/2018 3:23:48 PM PDT by a fool in paradise (Spygate's clock began in 2015 - what did President Obama know and when did he know it)
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To: rickmichaels

“people are struggling to pay...for child care”

If mom makes $X, baby sitter will want at least $X too.

If mom makes $X+, baby sitter will want at least $X+ too.

If a care giver can only take care of three kids, child care is always going to eat up about half the pay of many moms with just one, because of child care business overhead, such as FICA taxation and liability insurance.

Little kids need lots of watching.

In my youth in the 1960’s, family structure normally was dad worked and mom stayed home and watched the kids.

The only mom I knew that worked was Mrs. Fitzgerald. She was a fairly well-paid secretary. She had kids older than me who could watch her kids. What she did before when she only had really young ones, I don’t know. Perhaps a grandparent watched the kids.


44 posted on 06/27/2018 3:26:19 PM PDT by Brian Griffin
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To: rickmichaels

Class warfare! Class warfare! Class warfare! The rallying cry of Marxists for 150 years.


45 posted on 06/27/2018 3:28:48 PM PDT by IronJack (A)
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To: rickmichaels

“For a lot of Americans, they don’t have any savings. When they lose their job, they lose everything.”

They don’t have any savings because Barack Obama, who was taught interest was evil in Muslim madrasas, put Yellin in charge of the Federal Reserve. She promptly killed interest rates and people’s interest in saving money.

The Democratic-created unemployment insurance system is also obviously defective.


46 posted on 06/27/2018 3:32:41 PM PDT by Brian Griffin
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To: rickmichaels
Having worked in a manufacturing environment for almost 35 years, the last 9 being at the corporate offices, I've always been disgusted at the annual 10% bonuses given out to all management employees at the end of the year regardless of the company's profitability.

My last Christmas with the company, while all the other department managers took their employees out to lunch, my manager brought in McDonald's breakfasts for all of us..............

An employee's salary is representative of their worth to the company and if only the managers receive the bonuses, that speaks volumes about the worth of the people who work for them who receive no bonuses........

47 posted on 06/27/2018 3:37:02 PM PDT by Hot Tabasco (Mother nature is a serial killer......)
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To: rickmichaels

It is interesting that the comparisons are made between corporate executives and entry level employees.

I wonder what the ratio of salaries is between

Major league baseball players and the people who work in the concession stands

The top paid entertainers and the brand new stage hands or ushers

The top rock stars and the people who set up the equipment.


48 posted on 06/27/2018 3:37:28 PM PDT by Maine Mariner
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To: semaj

It’s been my experience in the 30 some odd years I have been working full time that people who complain about wealth disparity typically either made bad career choices, simply did not want to do what it takes, or just were not capable


49 posted on 06/27/2018 3:37:46 PM PDT by Manuel OKelley
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To: rickmichaels

One of the problems is that law has become very complex.

Only a limited number of people have the skill to guide a company through vast webs of laws and regulations and have business and people skills too.

These people become artificially expensive.


50 posted on 06/27/2018 3:39:19 PM PDT by Brian Griffin
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To: a fool in paradise

And big companies hire young people and others who they can pay less to undercut our business all the time.

We adapt and find ways to remain competitive by innovating or offering superior services.


51 posted on 06/27/2018 3:39:46 PM PDT by Manuel OKelley
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To: TheBattman

Walmart employs 2.1 million people world wide.
Doug McMillian earned $22.2 million last year.

IF... the AVERAGE employee worked 20 hours a week, 50 weeks a year, that equals 1,000 hours a year average.

Multiply 1000 hours by 2.1 million people,
That’s 2.1 BILLION man hours worked

that’s about 1 cent an hour from all employees
Not enough to affect anyones pay.

Meanwhile,
McMillan oversees 11,695 stores worldwide
and makes decisions that affect 2.1 million people.


52 posted on 06/27/2018 3:42:03 PM PDT by mountn man (The Pleasure You Get From Life, Is Equal To The Attitude You Put Into It)
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To: Maine Mariner

“Major league baseball players...top paid entertainers...top rock stars”

CEOs are business stars.

If leftist cities didn’t subside ballparks, athletes would have been paid less and so would CEOs.


53 posted on 06/27/2018 3:43:39 PM PDT by Brian Griffin
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To: rickmichaels
If you had just worked a little harder.........💵💰🙀💸
54 posted on 06/27/2018 3:44:06 PM PDT by rktman (Enlisted in the Navy in '67 to protect folks rights to strip my rights. WTH?)
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To: rickmichaels

Imagine if a couple got paid $65 million for writing some books or $50 million for hosting TV shows.

Imagine giving speeches for a few years and getting $100 million.

Would leftists object?


55 posted on 06/27/2018 3:46:29 PM PDT by Brian Griffin
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To: Wilderness Conservative

This is where I part ways with a lot of conservatives. I don’t trust big business. I have seen to many of them willing to sell out their workers, their company, and America to make a buck.
I know it’s anecdotal evidence but a friend of mine invited me to a luncheon for some local business leaders in our community. He himself is 2nd in charge of a medium size company in the area. I just sat back and listened and the impression that I got from these people is they would be happy with having company towns and company stores again.
But I struggle with what the answer is. I believe that capitalism is the best economic system but it has to have some controls on it.


56 posted on 06/27/2018 3:50:41 PM PDT by OIFVeteran
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To: Manuel OKelley

Says you with your glorious 30 year history of doing better than others thru you superior talent and effort. I’ve made money, and lost money,had good jobs and not so good jobs and even ran my own business. Unlike you I don’t look down or judge people who are not as well off as I. Unlike you I honor honest labor and believe there is something terribly wrong when a person who works sometimes 2 or more jobs can’t get by under the current worldly system.


57 posted on 06/27/2018 3:53:40 PM PDT by semaj (U\)
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To: rickmichaels

CEO Compensation is an issue for the Stockholders to worry about, not the rank and file Employees.

Envy is an issue for the Democrats nd Unions to promote.


58 posted on 06/27/2018 3:55:05 PM PDT by Kickass Conservative (THEY LIVE, and we're the only ones wearing the Sunglasses.)
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To: Brian Griffin

Excellent point! I am renting a car at the Minneapolis airport in a couple of weeks. The rental for the car is about 350-400 dollars per week. The taxes and add on fees are about 150 dollars, I am sure some of those taxes are to
finance the various stadiums.


59 posted on 06/27/2018 3:56:24 PM PDT by Maine Mariner
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To: rickmichaels

How many Hours would a Chinese Worker assembling iPhones have to work to make as much as Apple’s CEO?


60 posted on 06/27/2018 3:57:12 PM PDT by Kickass Conservative (THEY LIVE, and we're the only ones wearing the Sunglasses.)
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