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I'm sick of hearing people with less education whine about people's salaries at the top. Corporate salaries grew along with demand from company boards and shareholders for a return on investment - if your company goes down, everyone with a vested interest goes down. This is why a CEO usually has a salary, and then stock options and bonuses of a multiple of the salary figure - if he does a good job, he gets more. The amount is simply a reflection of the market value of the company and also the corporate culture of the west - our laws have allowed salaries to balloon up to these amounts and its completely legal unlike Japan where the JAL CEO earns less than his pilots. Anyhow I'm going off on a tangent. Rant over. If you have a shitty salary, go and shoot yourself. Don't hate the player, hate the game! |
after the holidays, aren't people depressed mostly? we need good news, not this shiet. |
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And if things go really bad, he gets bought out for millions of dollars severance. Don't kid yourself that the salaries are "supply and demand". It was enough people realising that they are writing their own fucking checks and decided to pay themselves as much as possible. Of course it helps that the board members of one company are usually CEOs of other companies, and vice versa. |
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My mom's friend is very wealthy and instead of driving around in a Ferrari, he chooses to drive a 1994 Toyota with over 300,000 KM. He also does all of the repairs/work on his Toyota and him and his wife live in a modest town home in the Valley. Of course if it were me, I'd be driving a Bugatti Veyron :P. On topic: All of the people complaining about the unfair wages these CEOs make, I'd like to see one of you last a single day in their life at the office. Good CEOs are the first ones in the office and the last ones out. They may enjoy some fantastic benefits but they also sacrifice a lot for their job. Not to mention, they are typically very highly educated, intelligent, creative, and they have a considerable amount of knowledge in their chosen field and the general world of business. While I don't support CEOs taking home millions upon millions of dollars if the company is doing poorly (like several of the now bankrupt American companies, ex. Lehman Brothers), I do believe the CEO should be rewarded for a job well done if the company is doing well. |
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Example: If they are laying off 7000 people, and still getting 15million a year. F-Off. he should deduct 5% of each person he lays off, off his salary. lay off 7000 people @ 40k = 14million dollars wage lost in salary for him. So the company saves 14 extra million when they are trying to trim expenses. |
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Average Joe gets upset because he'll never make that kind of money. Average Joe will never make that kind of money for a good reason: Average Joe is an idiot. |
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Stop being a hater :haha: |
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