General Discussion
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(21,646 posts)tblue37
(65,527 posts)Bernardo de La Paz
(49,067 posts)Luciferous
(6,087 posts)rzemanfl
(29,581 posts)BigmanPigman
(51,650 posts)yellerpup
(12,254 posts)Exactly so.
KPN
(15,676 posts)beyond the CEO:worker pay ratio at the corporate focus on stock price. The capitalist system focused on dividends as much if not more than on stock unit value in the past. No longer. Its not just CEOs, but Wall Street. Thats why Occupy Wall Street happened.
Glorfindel
(9,745 posts)But the day is coming...
calimary
(81,566 posts)Duppers
(28,132 posts)I need to post it in places where a that format is necessary.
Thanks.
Roy Rolling
(6,943 posts)Duppers
(28,132 posts)Much appreciated! 🙏
SunSeeker
(51,794 posts)sigpooie
(106 posts)We are 30 day slaves, Time for a 100 to one rule.
smirkymonkey
(63,221 posts)are creating the jobs for people!" I know, it makes no sense and they have no idea how much we are being screwed, but there you have it.
Wawannabe
(5,689 posts)Slow that roll!
mpreorder
(51 posts)To make it useful, i.e. to give it credibility, it needs to have a source that's a least non-partisan, hopefully even a right wing source. Just visiting PC's website shows it's left wing, and while I agree with everything there the repugs will simply blow it off no matter how true it is.
My F-I-L the other day told me "It's only the rich people who give us our jobs". That's the mindset we're dealing with. I tried to convince him they got rich by overcharging and manipulating the poor and continue to do so in ever increasing and nefarious ways. Didn't matter one bit. Then I tried the UNION approach (He worked for GM for 30+ years, now retired). He's somehow convinced it's the dems trying to destroy unions. At that point I simply gave up.
kentuck
(111,111 posts)Then it would be more believable?
Hmmmm...
Pacifist Patriot
(24,654 posts)And hope I never have to work anywhere else.
CEO:Lowest Paid Employee = less than 6:1
Lowest Paid Employee earns about double the minimum wage
Medical Coverage Premium is 100% employer paid if you choose the High Deductible plan that is eligible for an HSA, or you can pay the difference between that premium and the premium for an upsell plan through payroll deduction if you want the lower deductible plan. Typically averages out to about 82% employer paid any given year as the difference between the two premiums fluctuates from year to year.
PTO = Use it if you need it, don't if you don't.
And the shocker for lurking conservatives...we're profitable and our revenue has increased every year for the past five years. The increases since Trump took office have absolutely nothing to do with him as they are based on contracts we secured whilst Obama was in office. We're actually buckling up for a bumpy ride in 2020 as this administration's malfeasance and ineptitude definitely has the potential to directly impact our bottom line. Hopefully we're making the right strategic decisions in anticipating the worst.
So no, you don't have to be greedy bastards to be successful employers. Treating your staff with respect works really well too.
malthaussen
(17,235 posts)However, according to this CNBC report https://www.cnbc.com/2018/01/22/heres-how-much-ceo-pay-has-increased-compared-to-yours-over-the-years.html , CEO pay in the top 350 US companies is 271 times the average worker's salary, down slightly from a high of 299 in 2014, but stacking up quite nicely against a 1978 figure of 30 times.
So I wonder where the OP's source got his figures.
-- Mal
The Wielding Truth
(11,415 posts)They would work all of us to death if they could. It is necessary that the people protect themselves from this eternal greed.
Unions and common strength will save us from employment injustice.
PandoraAwakened
(905 posts)FakeNoose
(32,876 posts)Fewer salaried mid-level managers, lower percentage of executives to hourly labor, and huge salaries and bonuses for the executives and owners - while hourly workers' pay remained essentially stagnant.