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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: mountn man

True


61 posted on 06/27/2018 4:08:15 PM PDT by TheBattman (Democrats-Progressives-Marxists-Socialists - redundant labels.)
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To: semaj

Enough for one. One person to report to the Board of Directors and manage the other multitudes beneath him in the corporate structure. Don’t like it? Then quit the evil corporation.

Envy is the oldest of sins. If someone thinks they’re better than someone else, they should put up or shut up. Whining about pay is what cowards do.


62 posted on 06/27/2018 4:13:32 PM PDT by Textide (Lord, grant that I may always be right, for thou knowest I am hard to turn. ~ Scotch-Irish prayer)
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To: rickmichaels
all planned...all fixed...

3-2-1 until someone comes along and states how the multi millionaire CEO's are just the "producers" and the rest of us are just the rabble....

we have seen how inside business dealings favor certain people..how the rich get away with crime...how the fbi can play favorites...and how the corporate rich work endlessly to keep their gravy train...whether it means letting millions of third world people into my country to work for peanuts, so be it...

63 posted on 06/27/2018 4:18:58 PM PDT by cherry
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To: Textide

Pride is the oldest sin, and there’s a lot of it on display within this thread.


64 posted on 06/27/2018 4:19:30 PM PDT by semaj (U\)
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To: Manuel OKelley

Hiring visa workers requires government intervention and intrusion because millionaire CEOs think people who do my job are paid too much.

I don’t ask for a cap on their salary as they do mine. I will also say that they LIE to congress about there simply not being people who can do the job.

And it doesn’t just depress wages at that employer, it depresses them in the whole industry.


65 posted on 06/27/2018 4:23:44 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: semaj

The only pride here is that someone thinks that the CEO makes too much money. They think that the CEO isn’t worth as much as they’re paid, and that they themselves should be paid more. It’s Marxism on display.

Again, a capitalist would vote with their feet/wallet if they feel injustice is being done. Otherwise it’s just groaning.


66 posted on 06/27/2018 4:28:25 PM PDT by Textide (Lord, grant that I may always be right, for thou knowest I am hard to turn. ~ Scotch-Irish prayer)
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To: Textide

A mind reader now? Amazing.


67 posted on 06/27/2018 4:30:17 PM PDT by semaj (U\)
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To: shelterguy

CEOs are horribly over paid. They all serve on each others BOD and agree to outrageous contracts.


68 posted on 06/27/2018 4:31:00 PM PDT by pas
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To: semaj

Oh, quit being a victim.


69 posted on 06/27/2018 4:38:36 PM PDT by Textide (Lord, grant that I may always be right, for thou knowest I am hard to turn. ~ Scotch-Irish prayer)
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To: Textide

?


70 posted on 06/27/2018 4:48:08 PM PDT by semaj (U\)
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To: rickmichaels

CAN YOU SAY SLAVE LABOR! Why do you think they want open borders, it keeps wages down.


71 posted on 06/27/2018 5:20:18 PM PDT by Retvet (Retvet)
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To: Manuel OKelley

And it woudl likely take 10000 years for those employees to be able to duplicate what their CEO did “””

My brother started his company literally from the ground up—bought land—built the building—bought the furnishings & equipment—hired the employees. He had 65 full time employees when he sold out.

He favorite expression:

ANYONE can sign the BACK side of a paycheck.

Only 1 in a 1000 are qualified to sign the FRONT of the paycheck.

That spread gets worse every year.


72 posted on 06/27/2018 5:42:32 PM PDT by ridesthemiles
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To: CatOwner

Yep, and frankly, I am much more curious and irritated about how so many members of Congress appear to have become wildly wealthy. Guess those lifelong gigs as public servant pay so much better than we ever thought.

Peach


73 posted on 06/27/2018 5:45:42 PM PDT by CarolinaPeach
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To: Brian Griffin

Every one of these sniveling Liberals has a cell hone & a bill that equals what my house payments used to be.

I have no sympathy for them.

They think they can live like Elizabeth Taylor when they make money like a Nigerian scam man.

I haven’t seen anyone under 30 in over 20 years that has any gumption or self-movement. All they do is cry for more ‘things’. Have to have a new car-—fancy clothes—all the electronic gadgets available—gaming systems—new computers every 12 months—new TVs every 12 months-—they piss away a small fortune on nothing of substance.


74 posted on 06/27/2018 5:48:23 PM PDT by ridesthemiles
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To: rickmichaels
A Walmart employee earning the company’s median salary of US$19,177 would have to work for more than a thousand years to earn the US$22.2 million that Doug McMillon, the company’s chief executive, was awarded in 2017.

And, if you took Mr. McMillon, put him on a meat hook, filleted him, and divided up his award among all 2.3 million Wal-Mart employees, each would get about one hour's pay, and the company would have no CEO, and no prospects of getting a good one ever again.

And then there is the question as to whether Mr. McMillon's work is worth as much as Beyonce, Lebron, or Kirk Cousins. The author doesn't seem to be as outraged by these folks, even though roadies and groundskeepers don't make much more.
75 posted on 06/27/2018 5:48:59 PM PDT by Dr. Sivana (There is no salvation in politics.)
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To: rickmichaels

Did they publish salaries at the top public and private colleges across the US?


76 posted on 06/27/2018 6:02:48 PM PDT by VeniVidiVici ("Defeat David Trone")
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To: semaj

I think you are reading something here i did not write...I do not look down on others who work no matter what they do and beleive me not all theae years have been glorious....ive made and lost more than most people will ever make and I blae no one but myself for the bad decisions

Back to the point...I beleive in free markets which in turn means i do not beleive anyone other than an employee and their employer should have any input on how much they get paid

A ceo reports to the board, board reports to the shareholders who are their employer...really pretty simple


77 posted on 06/27/2018 6:21:20 PM PDT by Manuel OKelley
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To: ridesthemiles

There are quite a few of the under 30 crowd who a capable and competent..maybe 10 or 15%

Whne we do come across these gems we hire them asap ...and unsurprisingly many of thier friends get converted into sensible capitalists in turn when they see what is possible


78 posted on 06/27/2018 6:27:47 PM PDT by Manuel OKelley
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