Ten Companies Paying Americans the Least

[IndyColtsFan]

I'm still waiting.


And why hasn't Dave told me how much I should make yet?

It is easy to say who makes too much and who makes too little, but when it is time for specifics, notice how the usual suspects always dodge or flee? Of course, we all know exactly what their ilk want -- government-controlled salary ranges, but they're afraid to say it.

My main concern with CEO pay is that I'm not sure shareholders are given enough say. There have been many cases recently where a CEO is given a huge pay package and the shareholders have been outraged but seem to have little recourse. As a shareholder in many of these companies, it pisses me off sometimes.

 

[Tom]

LOL yeah, whatever. There's no other context- you're typical. You come up with all this nonsense you know nothing about- like being a CEO is just being part of some club- and then use it to make sweeping generalizations that they don't deserve what they're paid. And you actually argued the most ridiculous position that removing the leadership of a company in order to give people a whopping $14 is good economic practice.

You don't believe class-envy exists, because you're the living embodiment of it with brain-dead beliefs like that.

Why is it you're so mad about CEOs getting compensated a share of the billions they generate for various companies (all of it the company's money) while you're probably fine with clueless politicians spending trillions and trillions of public money (IE: YOUR money, not theirs) into a complete blackhole of debt, the bill for which will be sent to you/your kids/thier kids/etc. etc. Because you think that somewhere along the way some one of them will kick some of it to you in the form of some benefit? Did you weigh whatever that "benefit" will actually cost you in the form of lost wages/jobs you'll never have, your nation buried in debt, increased taxes/fees/fines you'll pay, loss of spending power/freedom, etc. etc? I doubt it. You'd rather believe you have some authority to dictate to CEOs anything.

You can keep blathering on arguing with positions I never took if it means something to you.

I didn't say being a CEO is "just" a club. You said I said it, but I won't call you a liar because the word liar is an important word to me, I don't throw it around the way some do.

I didn't say CEOs don't "deserve" what they're paid. I never used the word "deserve" at all. I don't even know what "deserve" means in this context.

I said nothing about "class-envy". Until you just said it I don't think its ever been mentioned in this thread.

The rest of your post is just more of you deciding what I think and then attacking me for it.

 

[Agent11]

I don't have an opinion how much a ceo should make. I have an opinion about who should decide.

What is your reasoning for this statement? Please try to be thorough.

. . . We have been asking you to elaborate, you are being quite vague.

 

[sm625]

It is ironic that most of those companies seem to be crap food restaurants that dont even need to be in business at all. And the majority of the rest seem to be slave labor showcases. Is america nothing but the fencing of slave goods and diabetes/cancer causing foods?

 

[rudeguy]

It is ironic that most of those companies seem to be crap food restaurants that dont even need to be in business at all. And the majority of the rest seem to be slave labor showcases. Is america nothing but the fencing of slave goods and diabetes/cancer causing foods?

curious...

where do you work?

 

[ch33zw1z]

I don't have an issue with the enormous amounts of money CEO's make, it's the fact that they have less and less concern for their employees. The CEO's make the big decisions, but who actually carries those decisions out?

 

[bradley]

Amazing how far beyond the bubble bursting the US has managed to exist and corporations thrive -- all because Walmart, Target, McDonald's etc. can print *umm... I mean the Fed* can print unlimited amounts of virtual reserve currency.

 

[Engineer]

Amazing how far beyond the bubble bursting the US has managed to exist and corporations thrive -- all because Walmart, Target, McDonald's etc. can print *umm... I mean the Fed* can print unlimited amounts of virtual reserve currency.

Maybe because it's not really busted but rather a perpetual bubble?

http://www.cnbc.com/id/101207676?__source=yahoonews&par=yahoonews

 

[bradley]

I've argued before that I don't see any evidence that rates are "artificially" low. (I'm not even sure that it makes much sense to use the word "artificial" when talking about interest rates in our economy.)]

It's seemingly lol-worthy quotes such as the above that makes one realize: this current impassive plutarchy is truly nothing more than a high-brow version of piracy on the open seas or the f'n wild west... making even the worst robber baron proud.

 

[BoberFett]

It's seemingly lol-worthy quotes such as the above that makes one realize: this current impassive plutarchy is truly nothing more than a high-brow version of piracy on the open seas or the f'n wild west... making even the worst robber baron proud.

Technically it's true. When you have a consumption economy as we do which actively discourages saving, then all loans come from money created on the spot. There's no need to look to those who earned money in the past to borrow from, people who might actually assign a value to their money which took effort to earn. No, you go to the bank and a few keystrokes later there's more magical money added to the economy which is loaned at whatever rate the Fed sets.

Disgusting, but true.

 

[Tom]

It is easy to say who makes too much and who makes too little, but when it is time for specifics, notice how the usual suspects always dodge or flee? Of course, we all know exactly what their ilk want -- government-controlled salary ranges, but they're afraid to say it.

My main concern with CEO pay is that I'm not sure shareholders are given enough say. There have been many cases recently where a CEO is given a huge pay package and the shareholders have been outraged but seem to have little recourse. As a shareholder in many of these companies, it pisses me off sometimes.

I'm not fleeing, I'm not going to keep repeating myself.

btw, I don't want government controlled salaries, I want corporate law reform to accomplish what you are talking about, that corporations actually work the way they're supposed to. Ceos and boards are supposed to do what's best for the corporation, I think current corporate law doesn't enforce that principle enough. At least with publicly held corporations.

But its very complex and I don't claim to know how to make it happen. So the thrust of my posts is we have the power to affect change, not that I know exactly what to change.

 

[IndyColtsFan]

I'm not fleeing, I'm not going to keep repeating myself.

btw, I don't want government controlled salaries, I want corporate law reform to accomplish what you are talking about, that corporations actually work the way they're supposed to. Ceos and boards are supposed to do what's best for the corporation, I think current corporate law doesn't enforce that principle enough. At least with publicly held corporations.

But its very complex and I don't claim to know how to make it happen. So the thrust of my posts is we have the power to affect change, not that I know exactly what to change.

If you are supporting giving shareholders more of a direct say in CEO/exec compensation through some mechanism, I agree. :thumbsup: I'm honestly not sure how that would work either but as I mentioned, as a shareholder for many of these companies, it really makes me mad to see these ridiculous salaries.

 

[dmcowen674]

11-19-2013

http://finance.yahoo.com/news/walmarts-employee-food-drive-reveals-120012647.html

Wal-Mart's Employee Food Drive Reveals What's Wrong With America

By Henry Blodget


Yesterday, it was revealed that employees at a Cleveland Wal-Mart are holding a holiday food drive for other Wal-Mart employees.


This situation says everything about what's wrong with the U.S. economy right now.


Wal-Mart is one of the richest companies in the world.


Wal-Mart has a market value of $260 billion and made $17 billion in profit last year.


But Wal-Mart does not pay its employees enough to buy food for the holidays.

America's corporations and investors have never had it better. The stock market is setting new highs, and corporate profits and profit margins are higher than they have ever been. Average Americans, meanwhile, have rarely had it worse. Wages as a percent of the economy are at an all-time low, and fewer people are working as a percent of the population than at any time in the past 30 years.

In a healthy economy at healthy companies, customers should get good products and prices, shareholders should get a good return, and employees should earn a good living.


But, right now in America, customers are getting good products and prices, shareholders are getting absolutely fantastic returns, and employees are getting screwed.

Corporate profit margins are at an all-time high. Companies are making more per dollar of sales than they ever have before. (And some people are still saying that companies are suffering from "too much regulation" and "too many taxes."

In short, our current "profit maximization" philosophy is creating a country of a few million overlords and 300+ million serfs.


That's not what has made America a great country. It's also not what most people think America is supposed to be about.

http://www.businessinsider.com/wealth-and-income-inequality-in-america-2013-4

AMERICA TODAY: 3 Million Overlords And 300 Million Serfs

One of the most disturbing trends in this country is the rise of extreme wealth and income inequality.

America is rapidly becoming a country of a few million overlords and three hundred million serfs.

The best way to fix inequality is not to tax most of the overlords' money and give it to the serfs. That just inflames "class warfare" and gets people yelling about "socialism."


The best way to fix inequality is to persuade the overlords that it is in their best interests to share more of their wealth by paying their employees more for their hard work.


​

​

 

[FerrelGeek]

oh look, political partisanship

why am I not surprised

You're too busy slinging mud to check the validity of the mud simply because you have that old tired political agenda of blaming the other guy.

He's not called 'McOwned' for nothing, you know.

Every worker at McDonald's should earn as much as an executive chef at one of Gordon Ramsey's restaurants. Every shelf-stocker at Wally-world deserves to make as much as a civil engineer. Every janitor at a hospital deserves to make as much as the cardiovascular surgeon. Welcome to Dave's dream world.

 

[dmcowen674]

I don't have an issue with the enormous amounts of money CEO's make, it's the fact that they have less and less concern for their employees. The CEO's make the big decisions, but who actually carries those decisions out?

Very good, you get a Star

 

[dmcowen674]

Originally Posted by sm625
It is ironic that most of those companies seem to be crap food restaurants that dont even need to be in business at all. And the majority of the rest seem to be slave labor showcases. Is america nothing but the fencing of slave goods and diabetes/cancer causing foods?

curious...

where do you work?

More like where do you work Mr High and Almighty?

I bet you don't have the guts to say where you work.

Think you are a god hiding behind that monitor.

 

[BoberFett]

I'm not fleeing, I'm not going to keep repeating myself.

btw, I don't want government controlled salaries, I want corporate law reform to accomplish what you are talking about, that corporations actually work the way they're supposed to. Ceos and boards are supposed to do what's best for the corporation, I think current corporate law doesn't enforce that principle enough. At least with publicly held corporations.

But its very complex and I don't claim to know how to make it happen. So the thrust of my posts is we have the power to affect change, not that I know exactly what to change.

They already do what's best for the corporation. People want quick profits. Pump and dump. The owners, those shareholders like you and everyone else who has money in a 401k, you want to see that money go up. Damn long term thinking, I want fast cash! It's what America wants. You might claim differently, but when the stock market isn't going gangbusters, everyone cries and wants the government to "fix" the economy.

 

[rudeguy]

Originally Posted by sm625
It is ironic that most of those companies seem to be crap food restaurants that dont even need to be in business at all. And the majority of the rest seem to be slave labor showcases. Is america nothing but the fencing of slave goods and diabetes/cancer causing foods?




More like where do you work Mr High and Almighty?

I bet you don't have the guts to say where you work.

Think you are a god hiding behind that monitor.

I work for a small privately owned company. I do repairs and weird techy shit. Trying to branch out into bigger and better things.

I can happily PM you where I work. The rest of these crazies I don't trust

 

[ch33zw1z]

They already do what's best for the corporation. People want quick profits. Pump and dump. The owners, those shareholders like you and everyone else who has money in a 401k, you want to see that money go up. Damn long term thinking, I want fast cash! It's what America wants. You might claim differently, but when the stock market isn't going gangbusters, everyone cries and wants the government to "fix" the economy.

This is pretty much how it is now. Short term gains MAXED, fuck all else.

 

[poofyhairguy]

That's not what has made America a great country.

So I guess we need to get back to colonization, war and bombing the rest of the world (aka the stuff that made the US a world power).

It's also not what most people think America is supposed to be about.

30% of Americans don't know what YEAR 9/11 happened:

http://arabist.net/blog/2006/8/10/poll-30-of-americans-dont-know-which-year-was-911.html

They don't know what "America is supposed to be about."

 

[BoberFett]

30% of Americans don't know what YEAR 9/11 happened:

http://arabist.net/blog/2006/8/10/poll-30-of-americans-dont-know-which-year-was-911.html

They don't know what "America is supposed to be about."

It was in 11, duh.

 

[Smoblikat]

What is sadder than the article is the Rich Republican P&N posters that support these Executives and Corporations.

Which amendment/paper/article/document/ANYTHING states that it is the peoples right to get more money than the free market (you know, the one they openly elected to partake in?) says they should?

If people dont like their pay, I suggest they find a new job. If they cant find a new job, I suggest they learn how to budget/learn some skills. Humanity has existed for hundreds of thousands of years without big brother reaching into the pockets of companies and telling them to pay a person worth 9$/hr, 20$/hr because the person "wants" more. Note that word, "wants", that is not to be confused with "worth more". If a job is as mindless as flipping a patty, or keeping the bathrooms clean, then I see no reason why people should expect the salary of someone with a more difficult job.

 

[dmcowen674]

http://www.utrend.tv/v/9-out-of-10-americans-are-completely-wrong-about-this-mind-blowing-fact/

Video sums it up

 

[BoberFett]

http://www.utrend.tv/v/9-out-of-10-americans-are-completely-wrong-about-this-mind-blowing-fact/

Video sums it up

What's your point idiot? Most Americans probably couldn't define wealth. Most Americans probably think driving an expensive, rapidly depreciating vehicle is wealth.

 

[Zaap]

Idiots believe in "the" wealth, IE: it's a finite thing. It's kind of like believing in "the" fire. So if your neighbor has more of "the" fire than you, that's unfair. You need to elect a bureaucracy to invade his home, steal some of his fire, and give it to you, therefore more equally distributing "the" fire.

It would never occur to such nitwits to simply get a bigger firepit and more logs, and that that will actually create more of "the" fire.

The same as an idea, invention, unique skill, product or service would never occur to them as a means to acquire wealth, and that none of those things (including wealth) is finite, therefore not expressed as a "the".

It's hardly surprising that people that have devolved into such simpletons aren't ever likely to be wealthy.