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-   -   What should a CEO make? (http://forums.pelicanparts.com/off-topic-discussions/1029567-what-should-ceo-make.html)

cabmandone 05-16-2019 05:37 AM

Quote:

Originally Posted by 1990C4S (Post 10460581)
That's my point. The compensation is nothing in the big picture.

That doesn't appear to be your point because if the stock market doesn't care about CEO pay, why would it react if it was a problem as you imply it would? The big picture to the stock market is profits. There is an issue when CEO's are making 100x the average worker. This limits the upward mobility of the worker when CEO pay is based on profitability and a company is more profitable when it keeps wages low.
Again, I'm not a greedy person nor am I envious of what the CEO's make. I just see the reality that something has to change or we're going to continue to see a dwindling middle class.

Tervuren 05-16-2019 06:47 AM

Quote:

Originally Posted by cabmando (Post 10460649)
That doesn't appear to be your point because if the stock market doesn't care about CEO pay, why would it react if it was a problem as you imply it would? The big picture to the stock market is profits. There is an issue when CEO's are making 100x the average worker. This limits the upward mobility of the worker when CEO pay is based on profitability and a company is more profitable when it keeps wages low.
Again, I'm not a greedy person nor am I envious of what the CEO's make. I just see the reality that something has to change or we're going to continue to see a dwindling middle class.

Cab.

Initiative and Intelligence.

With these, if you consider that a big corporation is paying unfairly, you make your own way.

Linderpat 05-16-2019 07:36 AM

Quote:

Originally Posted by kach22i (Post 10459946)

Nice quote from an Eliz Warren research forum. Socialist tripe. When someone says "we" (whoever that is) need to determine a more "equitable" (whatever that is) rationing of resources, income, etc, RUN! You are about to get raped and looted. Socialists love subjectivity, because it utterly eliminates accountability and rationality - the two most important ingredients to real, earned success.

By the way, here's just one line from that disingenuous and duplicitous hack's website:
Since 80 percent of the value of the stock market is owned by about 10 percent of the population and half of Americans own no stock at all, this has been a huge triumph for the rich
Every person who has a 401K, an IRA, a mutual fund or mutual backed savings account, or the like owns stock - a lot more than 10% of the population (over 50% in fact). She advocates class war - she is a socialist disguising as a capitalist.

1990C4S 05-16-2019 08:01 AM

Quote:

Originally Posted by cabmando (Post 10460649)
That doesn't appear to be your point because if the stock market doesn't care about CEO pay, why would it react if it was a problem as you imply it would? The big picture to the stock market is profits.

What if the CEO made $1B? Or $10B? Then the market would notice. At $50M, no one cares. Why? Because it's not material yet.



Quote:

Originally Posted by cabmando (Post 10460649)
There is an issue when CEO's are making 100x the average worker. This limits the upward mobility of the worker when CEO pay is based on profitability and a company is more profitable when it keeps wages low.

The CEO's remuneration does not alter his primary job, be it fixed or variable linked to profits. The CEO has to maximize profit and share price. That is capitalism, and it means minimizing wages. Warren Buffet does not have a high salary. He still drives his costs down.

wdfifteen 05-16-2019 09:26 AM

Quote:

Originally Posted by Linderpat (Post 10460787)
Since 80 percent of the value of the stock market is owned by about 10 percent of the population and half of Americans own no stock at all, this has been a huge triumph for the rich
Every person who has a 401K, an IRA, a mutual fund or mutual backed savings account, or the like owns stock - a lot more than 10% of the population (over 50% in fact). She advocates class war - she is a socialist disguising as a capitalist.

She could be right. Nothing you said refutes the quote.

Linderpat 05-16-2019 10:59 AM

Quote:

Originally Posted by wdfifteen (Post 10460896)
She could be right. Nothing you said refutes the quote.

She is not right; she is being duplicitous. The stats show that perhaps 80% of the market is Controlled by 10% of the stock holders. A vastly different concept, and much less polarizing when one considers that much of that controlling 10% is made up of the various mutual funds and large institutional investors, that manage money for the vast middle class of the country (i.e., the 50% who actually own stock). People like Warren are a scourge, and should be delegated to the far corners of discourse where they belong and where they can do no harm.

KFC911 05-16-2019 12:41 PM

2-3 million per year...mebbe 5 :)

The REAL superstarz (just a few imo)...$ky is the limit....

wdfifteen 05-16-2019 03:41 PM

Quote:

Originally Posted by Linderpat (Post 10461023)
She is not right; she is being duplicitous. The stats show that perhaps 80% of the market is Controlled by 10% of the stock holders. A vastly different concept, and much less polarizing when one considers that much of that controlling 10% is made up of the various mutual funds and large institutional investors, that manage money for the vast middle class of the country (i.e., the 50% who actually own stock).

You seem to be in agreement with her.


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