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and I will be the first to say CEO's comps are rediculous. Between Shares, bonuses, Golden Parachutes and salary they are exorbitant. However for the SEC to try and control it by creating this atmosphere of resentment is pathetic.
I already told you they aren't controlling it.
but yeah, ignore me. keep repeating yourself. that seems to be the standard gameplan.
U.S. corporations will need to disclose how their chief executive officers' paychecks compare with those of their workers under a proposal unveiled on Wednesday by the U.S. Securities and Exchange Commission.
I find it interesting our Government, which is made up of lawmakers that can vote themselves a raise at anytime, can take millions of dollars from corporations to get elected and can trade with inside information with impunity is trying to control the Corporate pay scale.
Baloney. Lawmakers cannot vote themselves a raise. Any increase in pay does not go into effect until they next Congress and they may not get re-elected to receive the new pay rate.
U.S. corporations will need to disclose how their chief executive officers' paychecks compare with those of their workers under a proposal unveiled on Wednesday by the U.S. Securities and Exchange Commission.
I find it interesting our Government, which is made up of lawmakers that can vote themselves a raise at anytime, can take millions of dollars from corporations to get elected and can trade with inside information with impunity is trying to control the Corporate pay scale.
If they are CEO's of any company who took a bailout, yeah, they need to say tell us. If they are a private company, like Ford, who didn't take a bailout, its none of the governments business.
1) I expect the spending power of consumers to improve by providing an environment more conducisive
for job creation. The Payscale matters not. Controlling a CEO's pay will not create one job.
2) Businesses will need to amend prices to compete.
There is no such thing as "job creation". Jobs are filled if they benefit the company and make out more profitable. But there is a limited amount of cash available so of course the more that goes to CEOs the less can go to workers. Workers might think they're getting a good deal even with stagnating wages. Until they see that the CEO's pay doubled from the year before...
There is no such thing as "job creation". Jobs are filled if they benefit the company and make out more profitable. But there is a limited amount of cash available so of course the more that goes to CEOs the less can go to workers. Workers might think they're getting a good deal even with stagnating wages. Until they see that the CEO's pay doubled from the year before...
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If workers believe they are getting a good deal that is irrelevant to CEO compensation.
Not all CEO's are greedy. Some go to great lengths to pay their employees better or keep prices low for their customers. I know I do. However, we get nothing for it and are actually at a disadvantage to the greedy owners who don't.
CEO's are employees too!!!! The owners of a company are its shareholders, not necessarily the executives unless they personally own a majority of the stock.
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