Your Executive's Pay

[Kalvin00]

dunno

cant find the bank i work for

 

[bctbct]

Originally posted by: Stunt

It's a low margin business and reducing labour content is critical to maintain outrageous corporate salaries.


fixed

 

[Stunt]

Originally posted by: bctbct

Originally posted by: Stunt

It's a low margin business and reducing labour content is critical to maintain outrageous corporate salaries.

fixed

Hey, I was the one who was surprised by the amount my executives make.
It is a low margin business, even if the CEO and CFO cut their pay; it wouldn't save many employees for very long.

 

[bctbct]

Originally posted by: Stunt

Originally posted by: bctbct

Originally posted by: Stunt

It's a low margin business and reducing labour content is critical to maintain outrageous corporate salaries.

fixed

Hey, I was the one who was surprised by the amount my executives make.
It is a low margin business, even if the CEO and CFO cut their pay; it wouldn't save many employees for very long.

ack, dont mean to bust your balls all the time, but times are changing. Dedicated hard working employees built these companies from day one and the companies have forgotten that.

 

[mugs]

Originally posted by: bctbct

Originally posted by: Stunt

It's a low margin business and reducing labour content is critical to maintain outrageous corporate salaries.

fixed

Maybe they should make one of those union workers the CEO and see how fast he runs the company into the ground.

I give it 37 seconds. And that's including a bathroom break.

If a CEO can increase profits in a company by $50 million a year, paying him $5 million a year is a bargain. Employing unneed workers is bad business. It is a business after all, not a charity. Of course every business wants to grow, so laying off workers is never an easy decision.

 

[Jeff7]

I loved this:
The executives of PHEAA, Pennsylvania Higher Education Assistance Agency, which is responsible for dealing out financial aid to college students, received 6-digit bonuses. Meanwhile, tuition costs in the state continue to rise. For those not in the know (those making more than a few thousand dollars a year), tuition can in fact be difficult to afford.

Link

 

[Dulanic]

CEO: 7.15M
Revenue: 63.14B

 

[JS80]

my co is private so i cannot reveal exec salary.

 

[bctbct]

Originally posted by: mugs

Originally posted by: bctbct

Originally posted by: Stunt

It's a low margin business and reducing labour content is critical to maintain outrageous corporate salaries.

fixed

Maybe they should make one of those union workers the CEO and see how fast he runs the company into the ground.

I give it 37 seconds. And that's including a bathroom break.

If a CEO can increase profits in a company by $50 million a year, paying him $5 million a year is a bargain. Employing unneed workers is bad business. It is a business after all, not a charity. Of course every business wants to grow, so laying off workers is never an easy decision.

As would happen if you filled a factory with 200 Ceos

 

[Gibson486]

My company is private......

 

[K1052]

We are private but I'm sure it is substantial.

Though the CEO and COO do own half the business (a 97 year old family one) so they have a very direct interest in how well the company does.

 

[GasX]

CEO: just over $400K plus $1.5 mill in exercised options

revenue: $350 million

 

[FoBoT]

ours gave back his bonus last year

$ 1.21M on $4.8 billion