outrage, CEO base salary is $350,000 a year

[jeninflorida]

and the average worker salary is $40,000. We must stop this madness

 

[TexasWife25]

Why do you dislike capitalism?

Maybe the ceo deserves 350k

 

[Very_Bad_Man]

and the average worker salary is $40,000. We must stop this madness

350k is reasonable. Considering the education, experience and responsibility. The average worker is 40 hours a week. The average CEO is 80 hours a week. It's when they are making 10 million a year that there is an issue.

 

[jeninflorida]

Why do you dislike capitalism?

Maybe the ceo deserves 350k

Clearly, the CEO is taking advantage of the worker, look at the gap between the salaries. These works need union protection

 

[islandman]

Clearly, the CEO is taking advantage of the worker, look at the gap between the salaries. These works need union protection

If anything, the CEOs need a union too.

Otherwise any old Joe could become CEO. We wouldn't want that.

 

[jeninflorida]

350k is reasonable. Considering the education, experience and responsibility. The average worker is 40 hours a week. The average CEO is 80 hours a week. It's when they are making 10 million a year that there is an issue.

base pay is one thing, add in stock options and bonus

 

[pete]

base pay is one thing, add in stock options and bonus

are you being serious? i thought you were being sarcastic this whole time

 

[Very_Bad_Man]

base pay is one thing, add in stock options and bonus

that is performance incentives and that is a good thing.

 

[jeninflorida]

are you being serious? i thought you were being sarcastic this whole time

I would have thought more people would have been upset by the salary gap. Interesting

 

[Very_Bad_Man]

I would have thought more people would have been upset by the salary gap. Interesting

Because we actually understand the difference between the average working and a CEO.

 

[BoyNextDoor]

that is performance incentives and that is a good thing.

I believe that the hourly pay structure is going to have to be revised and we will need to move to a pay for performance scale across many lines of business feeding a lot of markets.

 

[Johnny_Ray_Wilson]

I once thought I had a shot a being a CEO. In reality, I was just an XO on paper.

 

[Lancecastor]

I would have thought more people would have been upset by the salary gap. Interesting

Why does it bother you?

 

[blobfish]

This sounds like a commie thread to me.

 

[Johnny_Ray_Wilson]

I would have thought more people would have been upset by the salary gap. Interesting

Why? The competition in a capitalistic environment can be pretty tough and fierce. To be envious is one thing. To be jealous because those at the top of the food chain can navigate the waters better is entirely different.

I am content just being a blue collar worker who gets occasional perks.

 

[Sean Renaud]

I would have thought more people would have been upset by the salary gap. Interesting

Like I keep saying you don't know Americans. That's not a gap. Depending on the company if the average worker was making 40k and the owner was making 40 million then we'd have a conversation.

While I'd add provisos I think it might not be a bad thing if we made a law of the owner makes no more than 10x what the average worker makes. Which doesn't mean he can't have minimum wage bitches, it just means he has to make it up with middle management.

 

[Johnny_Ray_Wilson]

Like I keep saying you don't know Americans. That's not a gap. Depending on the company if the average worker was making 40k and the owner was making 40 million then we'd have a conversation.

While I'd add provisos I think it might not be a bad thing if we made a law of the owner makes no more than 10x what the average worker makes. Which doesn't mean he can't have minimum wage bitches, it just means he has to make it up with middle management.

Where I live now, I am considered "rich" because I bought a crappy old house cash money, have 3 used cars, and some wonderful working man's tools and toys. None of that happened overnight. To strangers, I am a guy who showed up with lots of money. The reality is that I am a little older and learned a few things. I cashed on on a set of government cd's I worked my ass off for and held in safe keeping over the years. I take care of whatever I am fortunate enough to find good deals on. I rarely pass up an opportunity to make extra money I know I can put to good use and not squander it away.

Now I am as broke as the next guy and saving for property tax on said house. At least until I cash in on the last set of government cd's I bought into.

I accepted long ago that I would never be a CEO type person, though it never stopped my ambition to be successful the best way I know how to with whatever tools made available to me. I never look a gift horse in the mouth and I stand my ground against any asswipe trying to take whatever I have earned away from me. And I make no apologies because I chose not to sit on my ass while some lazy tickturd sits around reaping the rewards of my tax dollars and judges me because I went out and earned it.

 

[Sean Renaud]

Where I live now, I am considered "rich" because I bought a crappy old house cash money, have 3 used cars, and some wonderful working man's tools and toys. None of that happened overnight. To strangers, I am a guy who showed up with lots of money. The reality is that I am a little older and learned a few things. I cashed on on a set of government cd's I worked my ass off for and held in safe keeping over the years. I take care of whatever I am fortunate enough to find good deals on. I rarely pass up an opportunity to make extra money I know I can put to good use and not squander it away.

Now I am as broke as the next guy and saving for property tax on said house. At least until I cash in on the last set of government cd's I bought into.

I accepted long ago that I would never be a CEO type person, though it never stopped my ambition to be successful the best way I know how to with whatever tools made available to me. I never look a gift horse in the mouth and I stand my ground against any asswipe trying to take whatever I have earned away from me. And I make no apologies because I chose not to sit on my ass while some lazy tickturd sits around reaping the rewards of my tax dollars and judges me because I went out and earned it.

Just so I know are we arguing or agreeing or someplace in between cus frankly I'm not sure.

 

[Johnny_Ray_Wilson]

Just so I know are we arguing or agreeing or someplace in between cus frankly I'm not sure.

Perhaps someplace in between. I suppose my point is that to some, an average working joe like me may appear to be made of money and that someone must have 'given' it to me. To others, an average joe is considered to be beneath them because I have worked so hard to get whatever I have. Appearances are rarely what they seem to be.

 

[Liar]

High CEO salaries don't bother me. Stock options and perks don't bother me. In fact stock options and dividend based pay is great, incentivices success. Should be available for all employees from top to bottom.

Golden parachutes bother me. Fucking up should hurt, not be rewarded.

 

[chillywilly2]

I would have thought more people would have been upset by the salary gap. Interesting

You gotta give us a bit of time to digest this Jen.
Please realize that nobody here knew that this sort of shamefull act was taking place and we need time to form an opinion.

Your great knowledge amazes and inspires us all.

 

[jeninflorida]

High CEO salaries don't bother me. Stock options and perks don't bother me. In fact stock options and dividend based pay is great, incentivices success. Should be available for all employees from top to bottom.

Golden parachutes bother me. Fucking up should hurt, not be rewarded.

lol So true about the golden parachutes. Have you been following Duke energy? I think there was some fraud there....but that is a different story.

Performance pay and stock options are the best way. when times are good, everyone enjoys the pie. When times slow down, the company isn't left to bleed to death.

 

[chillywilly2]

lol So true about the golden parachutes. Have you been following Duke energy? I think there was some fraud there....but that is a different story.

Performance pay and stock options are the best way. when times are good, everyone enjoys the pie. When times slow down, the company isn't left to bleed to death.[/QUOTE]

Right...thats why the government invented unemployment benefits...so the lower workers can be laid off till things pick up.

 

[Johnny_Ray_Wilson]

High CEO salaries don't bother me. Stock options and perks don't bother me. In fact stock options and dividend based pay is great, incentivices success. Should be available for all employees from top to bottom.

Golden parachutes bother me. Fucking up should hurt, not be rewarded.

I think I see your point there. As it stands now, I have a small working partnership percentage along with a salary. The salary remains the same regardless of my hours. I have invested some of my own money and assets into a side business that compliments it. Working for an upstart company with investors taking risks pending our success or failure. Stock options are not there for employees because we are not on the market, though we are hoping to reach the point of making such an option available to employees with enough seniority.

I made a bold move when I went with this company. If it goes bottom up, which I doubt, then I have no one to blame but myself. No one twisted my arm to take such a chance. I have my own safety net in place. No golden parachutes for me, just enough to move on to something else should it fail.

 

[Sean Renaud]

Perhaps someplace in between. I suppose my point is that to some, an average working joe like me may appear to be made of money and that someone must have 'given' it to me. To others, an average joe is considered to be beneath them because I have worked so hard to get whatever I have. Appearances are rarely what they seem to be.

See to me you're high end working joe. Sure things have worked out for you but I should be looking up to you, not looking to tear you down. From what I gathered from your post the people we are talking about when people are bitching (for the most part, I grant there are some genuine crazies out there) are people who would buy a new house, three new cars in cash, annually and still have money left over. Which isn't a problem in and of itself. It becomes a bit of a problem if their workers are having a bitch of a time making rent, food and car payments however. There is a balance and we aren't even near it.

High CEO salaries don't bother me. Stock options and perks don't bother me. In fact stock options and dividend based pay is great, incentivices success. Should be available for all employees from top to bottom.

Golden parachutes bother me. Fucking up should hurt, not be rewarded.

High salaries don't bother me, perks don't bother me. I'm not sure on the options and dividends. I'm becoming increasingly convinced that having CEO's making decisions based on short term gains (which is what they do when you incentivize them like that) isn't a good plan. We want them thinking long game and they won't do that if you give them candy everytime they use the potty. Worse offering more money doesn't make you smarter, it may make you work harder (but that has it's limits) but it won't make you smarter.