darthtang aw
Active Member
Originally Posted by Fishtaco
http:///forum/post/3142572
You know what, if I was a CEO or a business owner and had to take a 10 percent pay loss to save a good employee I would do it willingly. Do you have any idea the vast amounts of money these people make and still are unwilling to do anything to help those that help make them so wealthy. I guess my ethics and morals just don't work the same as most peoples. My wifes company took a loss just like most and they had a pay freeze and that went all the way up the corporate ladder and there have been no job losses even though the bottom line is down about 30 percent. This is a major software firm with thousands of people BTW. Luckily I am in the position of making money for myself when I need to and don't have to rely on the scraps thrown me by a CEO making millions of dollars a year to burn a company to the ground. My view on capitalism is the old fashioned one taught to me by a small business owner that employed me for 14 years and treated me very well and in return every single day I did the best job for him I could possibly do. We had some slow times, but they where just that and we always recovered by using that time to build inventory and would come out on top when the market again picked up because we could do same day delivery on stuff that would take competing companies weeks or months to produce. He passed away and his "new style" capitalist son took over, suddenly raises where at the threat of quitting only and my yearly bonus was cut in third so he could buy his wife a new chest, drive a new BMW and buy a second home worth a million. Needless to say I left that job as fast as I could and when I drove by that business recently it looks closed up tight after 50 years in business under the old owner.
Fishtaco.
You didn't answer the question. I didn't think so...
Starbucks CEO to a pay cut this last year and hasn't acceppted a raise since 2004. He makes 1 million a year. Starbucks top executives have all had their wages frozen as well....
Chrysler's CEO took a drastic pay cut.
GM CEO took a huge pay cut and cut executive salaries as well.
Lehman brothers CEO and executive employees lost their jobs.
Same with EDS
California's education system....The politicians and Government adminstration refused to cut their salaries and thus caused huge layoffs in the education system of teachers and aids.....
I hate to tell you...all ceo's aren't greedy. Of those listed, only the Government officials and ran program cut employees at the price of maintaining the "rich" status quo.
It is funny to me....right now at HD they have a wage freeze...no one has been laid off but they did close a few "experiment" stores that just weren't turning a profit. Many of those employees were worked into the "normal" stores..but some did get laid off from the "experiment" stores.
I hear people at work complaining about the wage freeze, and how it is unfair...yet 90% of the employees there are NOT hard workers. I work part time---anyone in the store will tell you I get more done in four hours than any two full time employees do in 16. Even with a wage freeze in place....I got one.....
Another example...I know of someone in the store that might get laid off. There position was changed...so thus they had to rebid on it...some of the duties changed. They heard about this change coming 3 months in advance. Instead of still performing their current job to their best ability they got mad at the job duty change (which incidentally adds up to be less work) and started half assing their job and hold a piss poor attitude. Now is bid time for the position....normally this person would be a shoe in....but due to their attitude and work ethic lately they no longer are...and from what I hear are out the door......Is this the ceo's fault as well?
You can't place it all at the feet of the ceo. When business got slow....the company I worked for would lay off the worst workers first...those that have bad attitudes, poor work ethic, and overall a drain on the company. I have never been laid off during these times.....and never have worried about...because I make myself stick out and seen as an asset.
You blame ceo's and their greed, but in my experience the first layoffs are always the dead weight.....now come a second and third layoff....Then I would start to look at the ceos.
http:///forum/post/3142572
You know what, if I was a CEO or a business owner and had to take a 10 percent pay loss to save a good employee I would do it willingly. Do you have any idea the vast amounts of money these people make and still are unwilling to do anything to help those that help make them so wealthy. I guess my ethics and morals just don't work the same as most peoples. My wifes company took a loss just like most and they had a pay freeze and that went all the way up the corporate ladder and there have been no job losses even though the bottom line is down about 30 percent. This is a major software firm with thousands of people BTW. Luckily I am in the position of making money for myself when I need to and don't have to rely on the scraps thrown me by a CEO making millions of dollars a year to burn a company to the ground. My view on capitalism is the old fashioned one taught to me by a small business owner that employed me for 14 years and treated me very well and in return every single day I did the best job for him I could possibly do. We had some slow times, but they where just that and we always recovered by using that time to build inventory and would come out on top when the market again picked up because we could do same day delivery on stuff that would take competing companies weeks or months to produce. He passed away and his "new style" capitalist son took over, suddenly raises where at the threat of quitting only and my yearly bonus was cut in third so he could buy his wife a new chest, drive a new BMW and buy a second home worth a million. Needless to say I left that job as fast as I could and when I drove by that business recently it looks closed up tight after 50 years in business under the old owner.
Fishtaco.
You didn't answer the question. I didn't think so...
Starbucks CEO to a pay cut this last year and hasn't acceppted a raise since 2004. He makes 1 million a year. Starbucks top executives have all had their wages frozen as well....
Chrysler's CEO took a drastic pay cut.
GM CEO took a huge pay cut and cut executive salaries as well.
Lehman brothers CEO and executive employees lost their jobs.
Same with EDS
California's education system....The politicians and Government adminstration refused to cut their salaries and thus caused huge layoffs in the education system of teachers and aids.....
I hate to tell you...all ceo's aren't greedy. Of those listed, only the Government officials and ran program cut employees at the price of maintaining the "rich" status quo.
It is funny to me....right now at HD they have a wage freeze...no one has been laid off but they did close a few "experiment" stores that just weren't turning a profit. Many of those employees were worked into the "normal" stores..but some did get laid off from the "experiment" stores.
I hear people at work complaining about the wage freeze, and how it is unfair...yet 90% of the employees there are NOT hard workers. I work part time---anyone in the store will tell you I get more done in four hours than any two full time employees do in 16. Even with a wage freeze in place....I got one.....
Another example...I know of someone in the store that might get laid off. There position was changed...so thus they had to rebid on it...some of the duties changed. They heard about this change coming 3 months in advance. Instead of still performing their current job to their best ability they got mad at the job duty change (which incidentally adds up to be less work) and started half assing their job and hold a piss poor attitude. Now is bid time for the position....normally this person would be a shoe in....but due to their attitude and work ethic lately they no longer are...and from what I hear are out the door......Is this the ceo's fault as well?
You can't place it all at the feet of the ceo. When business got slow....the company I worked for would lay off the worst workers first...those that have bad attitudes, poor work ethic, and overall a drain on the company. I have never been laid off during these times.....and never have worried about...because I make myself stick out and seen as an asset.
You blame ceo's and their greed, but in my experience the first layoffs are always the dead weight.....now come a second and third layoff....Then I would start to look at the ceos.
