What should a CEO make?

[cabmandone]

Originally Posted by 1990C4S

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]

Originally Posted by cabmando

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]

Originally Posted by kach22i

https://www.vox.com/2018/8/15/17683022/elizabeth-warren-accountable-capitalism-corporations



It's hard to talk about a topic like this without it getting political.

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]

Originally Posted by cabmando

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.

Originally Posted by cabmando

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]

Originally Posted by Linderpat

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]

Originally Posted by wdfifteen

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]

2-3 million per year...mebbe 5

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

[wdfifteen]

Originally Posted by Linderpat

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.