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Old 09-12-2016, 03:55 PM
 
Location: Houston
26,979 posts, read 15,815,867 times
Reputation: 11259

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Quote:
Originally Posted by finalmove View Post
His pay is none of your business, and he earned every penny of it according to the shareholders. Envy is a *****, eh?
Never said it was. Can you read?
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Old 09-12-2016, 04:14 PM
 
Location: U.S.
9,512 posts, read 9,007,060 times
Reputation: 5927
Quote:
Originally Posted by whogo View Post
Never said it was. Can you read?
Your posts are veiled with this super human brevity. It is challenging to calculate your destination for this thread. Please assist.
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Old 09-12-2016, 04:20 PM
 
9,981 posts, read 8,550,955 times
Reputation: 5664
Retail needs to get unionized.

It's gone too far, and the government is left holding the bag,
picking up the healthcare costs and other assistance programs
because these obscene monopolists won't share their profits
with those who make the profits happen.

We can set parameters, Wal Mart is number 1 abuser of working people.

Even their salaried employees are abused with forced, uncompensated overtime.
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Old 09-12-2016, 04:24 PM
 
11,046 posts, read 5,234,121 times
Reputation: 5253
Quote:
Originally Posted by desertdetroiter View Post
That's not even close to what I thought he was making. I figured double that much.

That said, I wonder if he's been worth that salary to the company?


he is worth that much to the stock holders who pay him the salary.....what do people care what a private company makes?
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Old 09-12-2016, 04:31 PM
 
Location: U.S.
9,512 posts, read 9,007,060 times
Reputation: 5927
Lightbulb Free market is what makes the U.S. Great

Quote:
Originally Posted by Snowball7 View Post
Retail needs to get unionized.

It's gone too far, and the government is left holding the bag,
picking up the healthcare costs and other assistance programs
because these obscene monopolists won't share their profits
with those who make the profits happen.

Even their salaried employees are abused with forced, uncompensated overtime.
Ah the embrace of collectivism. What is yours is mine. Most salaried employees are not paid overtime. Salaried by its nature means nobody has to keep track of the hours worked.

The employees are free to work or not work at XYZ company, unless they are prison.

For academic reasons, what is a fair salary for a worker that welcomes customers?
And what is a "non obscene" salary for a CEO?

If these questions don't seem ridiculous, then how can any involvement in business life ( real estate, sales jobs, commission jobs, contract jobs, pro sports, etc.) be humanely possible?
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Old 09-12-2016, 04:33 PM
 
Location: NE Ohio
30,421 posts, read 20,218,996 times
Reputation: 8958
Quote:
Originally Posted by Snowball7 View Post
Retail needs to get unionized.

It's gone too far, and the government is left holding the bag,
picking up the healthcare costs and other assistance programs
because these obscene monopolists won't share their profits
with those who make the profits happen.

We can set parameters, Wal Mart is number 1 abuser of working people.

Even their salaried employees are abused with forced, uncompensated overtime.
No, they don't. When people are "unionized," they, and anyone who doesn't join, must pay union dues, and the "union bosses" get rich off the backs of the members and non-members alike, retail prices go up, and everyone gets screwed.

Where are the facts that show Walmart is the "number 1 abuser?" Right now, Walmart pays well above minimum wage to start. Look it up.

The other fallacy in your post is that you assume everyone that works at Walmart, or makes minimum wage, is being subsidized by the government. Minimum wage is a starting wage. No one, unless they are lazy and stupid, remains on minimum wage for very long. Secondly, many are living at home, if they are young, and others are married with a working spouse. So, the family income may be high enough that they don't qualify for assistance.

You make huge generalizations, and provide no facts. You're baseless conjecture isn't a substitute for facts.
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Old 09-12-2016, 04:35 PM
 
Location: NE Ohio
30,421 posts, read 20,218,996 times
Reputation: 8958
Quote:
Originally Posted by johnsonkk View Post
Ah the embrace of collectivism. What is yours is mine. Most salaried employees are not paid overtime. Salaried by its nature means nobody has to keep track of the hours worked.

The employees are free to work or not work at XYZ company, unless they are prison.

For academic reasons, what is a fair salary for a worker that welcomes customers?
And what is a "non obscene" salary for a CEO?

If these questions don't seem ridiculous, then how can any involvement in business life ( real estate, sales jobs, commission jobs, contract jobs, pro sports, etc.) be humanely possible?
Bingo! Yet I'll bet Snoball would deny being a collectivist (socialist/communist/progressive).
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Old 09-12-2016, 04:48 PM
 
Location: Midwest/South
426 posts, read 426,976 times
Reputation: 383
If you don't like Wal-Mart, don't shop there. It's not your decision-or the decision of others that gets to decide what the CEO gets paid. Sounds like liberal fascism to me.
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Old 09-12-2016, 04:49 PM
 
Location: Barrington
63,919 posts, read 46,520,863 times
Reputation: 20674
Quote:
Originally Posted by desertdetroiter View Post
I don't know. Neither do you.

The point is that this 25 million dollar number COULD be a market based salary, but it's more likely a figure pulled out of thin air or a rear body orifice.
The Board appoints a Compensation Committee who typically hires a consulting form to know the value of comparable positions. The board can challenge, reject or approve recommendations.

The lion's share of senior management compensation at big companies is tied to company performance/share holder value.
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Old 09-12-2016, 05:00 PM
 
9,981 posts, read 8,550,955 times
Reputation: 5664
Quote:
Originally Posted by nononsenseguy View Post
Where are the facts that show Walmart is the "number 1 abuser?" Right now, Walmart pays well above minimum wage to start. Look it up.

The other fallacy in your post is that you assume everyone that works at Walmart, or makes minimum wage, is being subsidized by the government. Minimum wage is a starting wage. No one, unless they are lazy and stupid, remains on minimum wage for very long. Secondly, many are living at home, if they are young, and others are married with a working spouse. So, the family income may be high enough that they don't qualify for assistance.

You make huge generalizations, and provide no facts. You're baseless conjecture isn't a substitute for facts.
https://en.wikipedia.org/wiki/Criticism_of_Walmart

Walmart’s Wage Hike Still About Greed

Hold your applause. Even after a new $9 minimum wage policy, the average employee—depending on how many kids he or she has—
will live below, at, or barely above the poverty line.
Walmart

welfare and obamacare.

because Wal-Mart won't pay their workers, taxpayers pay.
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