Welcome to City-Data.com Forum!
U.S. CitiesCity-Data Forum Index
Go Back   City-Data Forum > General Forums > Politics and Other Controversies
 [Register]
Please register to participate in our discussions with 2 million other members - it's free and quick! Some forums can only be seen by registered members. After you create your account, you'll be able to customize options and access all our 15,000 new posts/day with fewer ads.
View detailed profile (Advanced) or search
site with Google Custom Search

Search Forums  (Advanced)
 
Old 04-13-2013, 06:31 PM
 
Location: NJ
18,665 posts, read 19,972,963 times
Reputation: 7315

Advertisements

Quote:
Originally Posted by HappyTexan View Post
Usually a bonus is tied to performance and profits.
A bonus from profits is not the same as a salary from operating expenses.



CEO guaranteed compensation is a tiny portion of average compensation. Incentive portion is the overwhelming majority of it.
Reply With Quote Quick reply to this message

 
Old 04-13-2013, 06:58 PM
 
1,635 posts, read 1,594,056 times
Reputation: 707
If they get a raise,will they promise to wash their hands and wear a hairnet?
Reply With Quote Quick reply to this message
 
Old 04-13-2013, 07:39 PM
 
Location: 53179
14,416 posts, read 22,490,288 times
Reputation: 14479
Quote:
Originally Posted by Mashed Potatoes View Post
No wonder these idiots work fast food jobs. Demanding $15 an hour shows exactly zero knowledge of the labor market, running a business, or common sense for that matter.

Perhaps the woman whining about not being able to get by should've thought of that when she decided to have a family of 7.

If they do form a union, they will fit in quite well with their fellow degenerate parasites.

$15 an hour for fast food work??......lol lol lol lol
So, if a MC Donalds hamburger flipper makes 15 bucks an hour, does that mean a value meal will cost me twice as much now?
Reply With Quote Quick reply to this message
 
Old 04-13-2013, 07:42 PM
 
Location: Long Island, NY
19,792 posts, read 13,951,723 times
Reputation: 5661
Quote:
Originally Posted by MTAtech
Ever notice how conservatives argue that raising the minimum wage is inflationary but giving CEOs hundreds of millions in bonus -- equal to thousands of workers, is ok?

Moreover, while jimhcom is absolutely convinced he is correct to the point of being highly condescending to anyone with a different view, there is no conclusive research that shows that raising the minimum wage lowers employment. There is plenty of research that shows the opposite in the numerous cases that the MW was raised.
Quote:
Originally Posted by HappyTexan View Post
Usually a bonus is tied to performance and profits.
A bonus from profits is not the same as a salary from operating expenses.
There are numerous examples of CEOs who ran company into the ground then was highly compensated.
Reply With Quote Quick reply to this message
 
Old 04-13-2013, 07:48 PM
 
Location: NJ
18,665 posts, read 19,972,963 times
Reputation: 7315
If the fair market value for making a burger was $15, the burger flippers, on average, would be making $15 per hour.

It isn't close to that, and nothing else matters.

Now imagine how much better the lives of the strikers would be if they put as much effort into developing themselves more, in sync with far better paying positions' requirements.
Reply With Quote Quick reply to this message
 
Old 04-13-2013, 07:59 PM
 
805 posts, read 1,161,687 times
Reputation: 720
Quote:
Originally Posted by MTAtech View Post
Ever notice how conservatives argue that raising the minimum wage is inflationary but giving CEOs hundreds of millions in bonus -- equal to thousands of workers, is ok?

Moreover, while jimhcom is absolutely convinced he is correct to the point of being highly condescending to anyone with a different view, there is no conclusive research that shows that raising the minimum wage lowers employment. There is plenty of research that shows the opposite in the numerous cases that the MW was raised.
don't forget the ceo's deserve their enormous compensation, even when they have to be bailed out by the government!

The truth is a CEO's compensation is determined by the board of directors. And, who is a typical Director? Why another CEO! The CEOs work together to drive up their own compensation. Keep in mind that the corporate structure is a creation of the government. There's nothing free market about it!
Reply With Quote Quick reply to this message
 
Old 04-13-2013, 09:30 PM
 
Location: Great State of Texas
86,052 posts, read 84,495,743 times
Reputation: 27720
Quote:
Originally Posted by MTAtech View Post
There are numerous examples of CEOs who ran company into the ground then was highly compensated.
That wouldn't be a bonus then. You said bonus and compared that to salary.
Reply With Quote Quick reply to this message
 
Old 04-15-2013, 01:18 PM
 
Location: San Diego California
6,795 posts, read 7,289,826 times
Reputation: 5194
Quote:
Originally Posted by MTAtech View Post
Ever notice how conservatives argue that raising the minimum wage is inflationary but giving CEOs hundreds of millions in bonus -- equal to thousands of workers, is ok?

Moreover, while jimhcom is absolutely convinced he is correct to the point of being highly condescending to anyone with a different view, there is no conclusive research that shows that raising the minimum wage lowers employment. There is plenty of research that shows the opposite in the numerous cases that the MW was raised.
I reply to every poster in kind, do not complain about getting your feelings hurt when you are the one who who began being less that civil.

As to your points, I am not in favor of CEO wages in the tens or hundreds of millions of dollars. I believe CEO wages are excessive and that excessive compensation is creating disparity among the classes. That being said, it does not justify doubling the minimum wage and all the problems associated with that action.
You cannot solve one evil by committing another.

As far as research goes, I can find research to support any position I take and just as much to support the other side. It is for the most part worthless.

The real problem that you do not want to address is that anyone who is working for minimum wage has absolutely nothing on the ball whatsoever. I mean just how worthless does someone have to be to work for less than $75 a day?

The issue is not that the government should force your employer to pay you more, it is that you do not have the skill to show an employer it is in his best interest to keep you in his service. If you are making minimum wage it means you can be replaced tomorrow by a guy who was spinning signs on a sidewalk last week, without any serious detrimental impact to the employer.
Seriously, if you have no more skills than to work for minimum wage you are only a hop skip and a jump from standing of the side of the road with a cardboard sign. You need to get your act together.

94.8% of the workplace is populated by of workers who have proven to their employers that they are worth more than minimum wage. The 5.2% at the very bottom of the barrel want to treat employment as an entitlement and force someone else to accommodate their lame asses.
Reply With Quote Quick reply to this message
 
Old 04-16-2013, 05:10 AM
 
Location: World
4,204 posts, read 4,690,534 times
Reputation: 2841
Quote:
Originally Posted by glass_of_merlot View Post
So, if a MC Donalds hamburger flipper makes 15 bucks an hour, does that mean a value meal will cost me twice as much now?
CEO will get few millions less but enough millions so that he can buy a new yacht and a private island. Value meal will remain the same. They get 11 dollars per hour in Germany.
Reply With Quote Quick reply to this message
 
Old 04-16-2013, 05:41 AM
 
287 posts, read 185,217 times
Reputation: 87
I read somewhere that a manager at a fast food joint makes just as much as a teacher - the article had the number and study laid out, but that was a couple years ago. Sounds about right in the land of messed up priorities.
Reply With Quote Quick reply to this message
Please register to post and access all features of our very popular forum. It is free and quick. Over $68,000 in prizes has already been given out to active posters on our forum. Additional giveaways are planned.

Detailed information about all U.S. cities, counties, and zip codes on our site: City-data.com.


Reply
Please update this thread with any new information or opinions. This open thread is still read by thousands of people, so we encourage all additional points of view.

Quick Reply
Message:


Over $104,000 in prizes was already given out to active posters on our forum and additional giveaways are planned!

Go Back   City-Data Forum > General Forums > Politics and Other Controversies
Similar Threads

All times are GMT -6. The time now is 03:26 PM.

© 2005-2024, Advameg, Inc. · Please obey Forum Rules · Terms of Use and Privacy Policy · Bug Bounty

City-Data.com - Contact Us - Archive 1, 2, 3, 4, 5, 6, 7, 8, 9, 10, 11, 12, 13, 14, 15, 16, 17, 18, 19, 20, 21, 22, 23, 24, 25, 26, 27, 28, 29, 30, 31, 32, 33, 34, 35, 36, 37 - Top