Top CEOs leave 99% in the dust

mentalfloss

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Hear Here MentalFloss ...Yet another great thread..The Cycle of Poor to Bust Poverty must be addressed and changed now!..Too Few, have had it Too Good, for far Too long...Time to share the wealth ...Time to call in RobinHood..;)

Peace..

Well, it looks that way for some people who fly off the handle about this issue.

So I proposed a very pragmatic regulation on employee wages based on profit. This should appease both the capitalists and the socialists alike.
 

GreenFish66

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Well, it looks that way for some people who fly off the handle about this issue.

So I proposed a very pragmatic regulation on employee wages based on profit. This should appease both the capitalists and the socialists alike.
Profit sharing ?

What?.A proposal where Employees are actually a contributing factor to /A partner in/a part of, the company they work for.Receive benefits/profit accordingly?..Instead of simply being Numbed out ..Zombie Slave Drones .?. ;)...Please tell ...Does this proposal= a living wage?..:)
 
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mentalfloss

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Apparently all of you missed my discussion with JLM.

Please, feel free to go to the tail end of page 1 and continue to page 2.
 
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JLM

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Now that we have established their credibility, what do you guys think about only one woman being in the top 100?

It's a bit shameful, isn't it?

Just wait a day or two, I'm thinking a few of them madams will come out of the wood work- wimmen just can not keep a lid on anything. :lol::lol::lol:
 

Tonington

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But the entire structure of industry should be changed, not just concentrating on a few fat cats.

How? The growing gap is a concern, but there's no simple choice of fixes here.

BTW - not every CEO makes 50x that of the average employee... This study seeks to compare the 2 biggest extremes and leave out the fact that they represent an anomaly in terms of Canadian (or American) society

It could be 50x or even more, it's hard to say from what they've published. I'd prefer to see the median of all values rather than an average of extremes. The mean can be a s hitty parameter to use for categories of salaries and wages.

Many corporations do base employee raises on company profitability, I know the company I work for does.

My yearly raise is based on how our group performs against targets for the year, as well as a multiplier based on my performance appraisal. I'm skeptical of whether or not the CEO uses the same formula.
 

JLM

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How? The growing gap is a concern, but there's no simple choice of fixes here.

Guys making $millions per year shouldn't expect to have things "simple". The choices include having the balls to be leaders and having the balls to set an example and the balls to slash their personal greed! :lol:
 

Tonington

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Guys making $millions per year shouldn't expect to have things "simple".

So, you want the decision to change industry to be up to folks with $million salaries? Why would they want to change it?

The choices include having the balls to be leaders and having the balls to set an example and the balls to slash their personal greed! :lol:

Simple as that eh? :lol:
 

JLM

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So, you want the decision to change industry to be up to folks with $million salaries? Why would they want to change it?



Simple as that eh? :lol:

Maybe just out of a sense of integrity and fair play. (Or does that sh*t count for anything anymore?) Who do you think should change it? The acting asst. janitor?
 

Tonington

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Maybe just out of a sense of integrity and fair play.

I'm the young one of the two of us, but you're the pie in the sky idealist! lol

If everyone had a choice, I'm sure they would choose higher wages/salaries for themselves.

Who do you think should change it?

I don't know, like I said there's no simple choice here.
 

JLM

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I'm the young one of the two of us, but you're the pie in the sky idealist! lol

If everyone had a choice, I'm sure they would choose higher wages/salaries for themselves.



I don't know, like I said there's no simple choice here.

Of course normal people want to earn a comfortable living, but I think the wise ones with integrity also like to improve things for their fellow man and leave the world a little better place than they found it. Someone somewhere has to drawn a line in the sand at the point where enough is enough. I'd set it at about $150,000 annually........that much provides for quite a lot of comfort. :lol:

Maybe this will put salaries in perspective.......................................Salaries of the President, Vice President, and Other U.S. Officials — Infoplease.com

How about the board of directors. elected by the shareholders? just askin'

Good thought! :smile: