CEO's don't really work hard

[Mai72]

If it's so easy than why don't you become a CEO? You are given all the same opportunities as everyone else.

I have a funny feeling if I were to breakdown your day, I'd see a lot of goofing off. I have a feeling that you waste a lot of time watching TV, Netflix or even playing video games. We all make our bed day in and day out.

Being a CEO is no different than being a cop or a teacher. These professions take a large amount of dedication that you don't see or notice. Yet, you're probably the first person to cry foul whenever police/teacher pensions are brought up. Just as you are now doing with CEO pay. The job is not easy. It's hard.

Again, go become a CEO if it's that easy. Go make the BIG bucks.

 

[Joepublic2]

So they don't deserve their pay in your estimation. What are you proposing should be done about it and how would you make it effective? If you passed some kind of compensation cap most CEOs would probably just incorporate themselves and have the board hire them on as independent contractors as an example.

http://smallbusiness.chron.com/llc-president-ceo-17385.html

Using corporate officers is advantageous. The duties are delineated and each officer has a clearly defined role. An LLC is not required to use officers, but it can choose to do so. If the members agree, they can create corporate officer positions and appoint someone to act as president or CEO. The president or CEO is the driving force behind the company's mission or objectives. Other officers include a vice president, treasurer and secretary.

It would be very difficult if not impossible given the complexities of the legal and tax system to actually implement a cap on compensation that couldn't be easily sidestepped by simply reclassifying CEOs as some other type of employee or some other legalistic shenanigans.

I worked at McD's before. I didn't do shit really, most of the time I took the wrap station where I just wrapped up the burgers and dropped them onto the counter. Other times we would play hockey with the buns on the floor and the dust pans as goals. Other times we'd have food fights and I'd always offer to take out the trash so I could smoke me a joint in the enclosed area for the dumpster. At times in summer, it would get hot in the back so I'd go relax in the fridge and make a throne out of cheese boxes to sit on
Those were the days.

Sounds like your management was retarded and had too many people working a given shift or your store was losing money. In the places I've worked at and the restaurants I've been to (that stay open for more than a year or so) the employees were all very busy unless it was dead. Even then there's still things to be done (cleaning, restocking, inventory, maintenance etc.).

 

[master_shake_]

working alone?

= to banging secretary?

 

[buckshot24]

Too bad for him, he doesn't have his buddies determining his pay (and his buddies don't have their pay determined by him), unlike CEO's who formed interlocking directorates for the sole purpose of extracting as much value from companies/shareholders as possible without arms lengths negotiations.

You're ignoring the fundamental question. Is it "hard work" that should be rewarded or something else? The guy with a fork will work is fingers to the bone digging that ditch. Should it matter how hard he worked getting it done?

 

[HeXen]

You're ignoring the fundamental question. Is it "hard work" that should be rewarded or something else? The guy with a fork will work is fingers to the bone digging that ditch. Should it matter how hard he worked getting it done?

Are you saying a grave digger should make more money than Kazoo Hirai or Jen-Hsun Huang?

Which is more important here, that I get my damn gtx 1080 or some stiff gets a place to rot?

 

[shortylickens]

I saw a readers digest article many years ago about a useless CEO.
He got paid 400 thousand a year, but he racked up 600 thousand a year on his expense account. It was mostly his wife using it.
He ran the company right into the ground in about two years. When they finally booted him he got a 20 million dollar severance package.

 

[MajinCry]

If it's so easy than why don't you become a CEO? You are given all the same opportunities as everyone else.

...

Again, go become a CEO if it's that easy. Go make the BIG bucks.

I-I don't know if I have the heart to tell him, lads.

 

[AznAnarchy99]

Then you aren't paid very well....

Definitely not enough but hey I spend 80% of my day on ATOT.

 

[1prophet]

i hear this commercial on pandora about why verizon is on strike - because they pull in like 1.2 billion a month in revenue, and the ceo's have 15 millino dollar salaries, while the people doing the peon jobs feel they deserve more of the cut.

ffuucckkk that. i hate all these entitled people now a days. when they signed up for the job and accepted the offer, they knew exactly what the pay was and what their job was. it's not like they have received pay cuts or anything.

i personally have no problem with ceo's making as much as they do, if their business they are running is making money, regardless of how much "work" they actually do. they helped get it there somehow so kudos to them for getting to the position they are in currently.

they deserve whatever the company is willing to pay them. if they didn't deserve it, the company wouldn't pay them that much.

Yeah because it is all about deserve and has nothing to do with these CEO s sitting on the boards of other companies ready to return the deserved favor.

 

[Slew Foot]

After having interacted with the administration at my hospital, my opinion of corporate executive types has taken pretty much a complete 180. Basically, fuck them, fuck them all. Put a bullet in all of their heads and toss them in a ditch. Useless assholes that couldnt tell their ass from a hole in the ground, and get paid stupid money by their douchbag friends on the board. The nurses are going on strike tomorrow, and I intend to fully support them.

 

[zanejohnson]

maybe some huge "hired to be ceo," type positions...

but i promise you this, you're average small to medium sized business CEO, or a self employed owner... is working way hard.

 

[Capt Caveman]

Almost all CEOs travel regularly. Anyone that travels for work considers it work time.

 

[Genx87]

This is so silly. If being a CEO were easy we would all do it. Anyways if we want to talk about outrageous salaries. Why does Matt Lauer make 38 million a year?

 

[Darwin333]

Also CEOs are giving big bonuses for screwing up and getting fired. Imagine if you screw up at your job and you get a 20 million dollar paycheck for getting fired.

You do have the rare CEO that is really a valuable asset ie: Steve Jobs.

but the majority are just a cog that is put in and swapped out every so-often

That's mainly because both CEO and the board are more interested in short term gains in stock prices versus long term viability of the company.

 

[dank69]

6 hours working alone = 6 hours surfing pronhub

 

[NetWareHead]

6 hours working alone = 6 hours surfing pronhub

arm & wrist workouts dont really count

 

[JockoJohnson]

That's mainly because both CEO and the board are more interested in short term gains in stock prices versus long term viability of the company.

^This. I must be in the minority that sees stocks as a bad thing for regulars shlubs like me. CEOs, stock-traders, investors -- they use the stock market to make money. Companies put their long-term goals at risk because they need to appease the short-term investors. They also put their employees at risk because they need to meet market expectations.

And yes, I know, companies shouldn't go public if they don't want to deal with the external pressures. But there is too much money to be made up at the top for them not to do it. It's all about the money ALL the time.

 

[Bart*Simpson]

Funny you seem ok with people saying fast food workers don't deserve $12 or $15 per hour.

The kid at the McDonald's who served me breakfast this morning was worth far more than minimum wage and when he graduates with his MBA in a few years he'll get more than minimum wage.

But for now he did a great job on my sausage burritos. :thumbsup:

 

[Sonikku]

After having interacted with the administration at my hospital, my opinion of corporate executive types has taken pretty much a complete 180. Basically, fuck them, fuck them all. Put a bullet in all of their heads and toss them in a ditch. Useless assholes that couldnt tell their ass from a hole in the ground, and get paid stupid money by their douchbag friends on the board. The nurses are going on strike tomorrow, and I intend to fully support them.

Good luck. The masses have been hammered with the belief that all forms of unionizing by the plebeians are bad. Somehow no one ever complains about the union for the rich called Lobbyists.

 

[Phokus]

This is so silly. If being a CEO were easy we would all do it. Anyways if we want to talk about outrageous salaries. Why does Matt Lauer make 38 million a year?

I don't think you'll find me defending sports/celebrity salaries either (although one can argue, with certain sports and celebs, you at least have a correlation between performance and pay, whereas if you are a CEO you can destroy a company and get a ridiculous golden parachute).