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Are you suggesting it's unreasonable to question the type of 'conventional wisdom' that, very much more often than not, tends to make a very tiny number of people very large amounts of money?
I'm telling you the truth that tens of millions (if not more) American workers and retirees depend on the same exact corporate profitability from which CEOs earn their income via compensation in corporate stock rather than direct payment.
Anyone who has half a clue knows that. Why don't you?
Already posted... the tens of millions (if not more) of American workers and retirees who have $27 Trillion invested in their pension/retirement accounts.
You DO understand that if the corporations in which they hold shares aren't profitable, that reduces those American workers' and retirees' retirement income, no?
Can you make your point without questioning and attacking the poster?
I already posted that workers and retirees do not vote the shares in pension funds. So the majority of shares are voted according to the wishes of the corporations and workers and retirees can do nothing about it.
FYI, don't quit your day job yet. You might find yourself asking if they want fries with that.
Nope. CEOs and other C-level executives are paid via significant amounts of corporate stock shares transfers rather than in direct cash income payments. If they profit from owning those shares, so do the tens of millions (if not more) American workers and retirees who have a combined $27 Trillion invested in their pension/retirement accounts.
Want to crash tens of millions of people's pensions/retirement accounts? Keep hounding the same ill-informed opinions you've been spewing.
Can you make your point without questioning and attacking the poster?
Any reason why I don't have the right to defend myself when the I've been attacked for posting facts?
Quote:
I already posted that workers and retirees do not vote the shares in pension funds. So the majority of shares are voted according to the wishes of the corporations and workers and retirees can do nothing about it.
That's flat out wrong. Workers and retirees DO vote, or at least are given the option to vote. I get proxy voting forms from my retirement investment holdings all the time.
There are 2.1 million Walmart employees. If they work on average 1219 hours a year the CEO could forego his compensation so all other Walmart employees could make an extra penny an hour.
For a company that makes billions of dollars, this salary isn't that outrageous. If this upsets you, please avoid the Wells Fargo thread I just started...
For a company that makes billions of dollars, this salary isn't that outrageous. If this upsets you, please avoid the Wells Fargo thread I just started...
If you had any reading comprehension at all you would understand that is pretty much my point.
Oh well, the CEO makes about the same money as a really good baseball player....or a pretty good basketball player under the new NBA salary structure....or Phelps endorsements or Taylor Swift etc.
*shrug* all of those businesses can pay their employees what they choose but it gets tiring when people solely focus on the CEO's and give a free pass to everyone else or make excuses about how athletes or entertainers deserve it because they add value.
Years ago when companies were not huge conglomerates, the owner knew most of his employees personally. That was when employees were paid better and the company owner/ceo paid himself a reasonable salary. It is harder to watch families of those you know in a close knit community struggle financially when all around realize you are not paying a fair wage.
Now, with huge corporations, there is so much distance that employees are merely a number on an excel graph. No human interaction. No community. Nothing but run away greed unchecked.
BTW, your defending of greed does not make you one of the 1% that is exploiting you too.
What has anyone who makes more than you done to oppress you? If you have actual proof that your rights are being violated, get in touch with the respective prosecuting attorneys office.
No there isn't. CEOs are few and far between but plenty of other highly qualified people would like to be CEOs. If you can pay a few million per year, you can have your pick of CEOs, but you need a few million bucks because that is what they demand. Nobody, even if there is major competition for the job, will take a CEO position with a large corporation for $100,000/year. The CEO of a local carpet cleaning company may settle for $100,000 but not anyone working for a large corporation.
Oh?
If CEO's are few and far between, that is all the more reason they get paid so well!
If there are so many "highly qualified people that would like to be CEO's, then CEO's wouldn't be paid as much. Your "logic" is screwed up.
There are people far below the CEO who make several hundred thousand a year. Why would a CEO be happy with that?
Just like in all the other arguments in which you insert yourself, you don't have a clue what you're talking about. You know nothing about business. But you think you do.
Walmart employees..... Simple question.
When you take the job of your own free will, are you forced to stay at walmart forever make the same amount and or find another job that pays more.
Its interesting how Freedom to make money some how is resolved by force in taking money from others to increase everyone's salary. WALMART the company believes the CEO is worth 25.6 million dollars. You arent paying him are you? So what is the problem.
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