Feel Good Story: CEO Donates His Bonus To His Employees

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rhuarc29

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lovelatinas said:
Let's see how how many terbites shit all over this one.
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Funny you'd feel it necessary to include that last bit....

Is it possible you're afraid that terbites might point out this guy made a bonus that was 300 times bigger than his chain's employees' average annual salary?

That is, of course, how capitalism works. And it certainly doesn't negate the CEO's very kind gesture. But it does make you wonder if some kind of cap on CEO pay actually holds merit.
 
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lovelatinas

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rhuarc29 said:
Funny you'd feel it necessary to include that last bit....

Is it possible you're afraid that terbites might point out this guy made a bonus that was 300 times bigger than his chain's employees' average annual salary?

That is, of course, how capitalism works. And it certainly doesn't negate the CEO's very kind gesture. But it does make you wonder if some kind of cap on CEO pay actually holds merit.
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No I am looking for terbites to say something along the lines of, "It's only about $200 per employee big wow". or "Fucking Socialist lefties rejoice". You know.
 
Keebler Elf

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rhuarc29 said:
Funny you'd feel it necessary to include that last bit....

Is it possible you're afraid that terbites might point out this guy made a bonus that was 300 times bigger than his chain's employees' average annual But it does make you wonder if some kind of cap on CEO pay actually holds merit.
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Why? Because YOU don't make as much?

The market pays what the market will bear and if you can warrant receiving a bonus 300 times bigger than the average employee's salary (i.e., there is a company willing to pay it) then in our economic system you've "earned" it. I've watched companies say "we're not paying that!" and the talent has left to work elsewhere and WERE paid that amount (or more). If you want the best and brightest, you've gotta pay for it. That's why governments are filled with mediocre performing managers (I'm generalizing but the talent level is definitely several notches below private sector standards); if you're any good you leave to take a private sector job that pays more.

Getting a big pay day is one of the things that motivates major players in the work force. Anyone can work their way up the corporate ladder if they REALLY try. Sounds more like sour grapes and envy to me.
 
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Wild Wiglin Willie

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What he has to give up is his stock ops, £200 is not even enough for a SP in good London.
 
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rhuarc29

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Keebler Elf said:
Why? Because YOU don't make as much?
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Do I have to be some poor, jaded individual to consider alternative economic systems? lol

I know how the system works, and it's an imperfect system. It's pretty much designed where eventually all the chips fall into a few people's baskets. Emerging technologies and markets are exasperating the problem. Such an economy is not strong, nor fair really. I'm not sure I fully support a system that says "take what you can get and screw the rest!" with a justification of "it's better than the alternatives". It's only better because we haven't thought up something decent yet.
 
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Aardvark154

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Is Capitalism perfect - no, but is is certainly one hell of a lot better than "They pretend to pay us, and we pretend to work."
 
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elise

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Aardvark154 said:
Is Capitalism perfect - no, but is is certainly one hell of a lot better than "They pretend to pay us, and we pretend to work."
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LOL… I've lost count of home many times my ex-soviet block friends have said exactly those words….
 
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nobody123

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Keebler Elf said:
Why? Because YOU don't make as much?
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No. Because no rational and sane metric exists by which the labour of someone who actually does something, like the guy cleaning the office toilets, is worth only a thousandth of the labour of the motherfucker at the top. No. Sane. Justification.
 
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onthebottom

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nobody123 said:
No. Because no rational and sane metric exists by which the labour of someone who actually does something, like the guy cleaning the office toilets, is worth only a thousandth of the labour of the motherfucker at the top. No. Sane. Justification.
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Value.... rarity..... think Toronto Maple Leafs players - they never win the Stanley Cup (or get anywhere close) provide "moderate entertainment" and yet they make quite a bit more than the guy selling beer.... who I might argue provides a more reliable enjoyable outcome.

On the bonus - good on him.
 
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shrek71

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nobody123 said:
No. Because no rational and sane metric exists by which the labour of someone who actually does something, like the guy cleaning the office toilets, is worth only a thousandth of the labour of the motherfucker at the top. No. Sane. Justification.
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Ok, the CEO, created/runs the company that sells the products that customers buy and require people(employees) to create the products in order to facilitate that transaction. Hmmm, the CEO does nothing you say. Interesting. Last I checked, no one is holding a gun to any employees head to force them to work there. If they feel they are underpaid, or under appreciated, they are more than free to seek greener pastures elsewhere.

Cheers
 
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nobody123

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shrek71 said:
Ok, the CEO, created/runs the company that sells the products that customers buy and require people(employees) to create the products in order to facilitate that transaction. Hmmm, the CEO does nothing you say. Interesting. Last I checked, no one is holding a gun to any employees head to force them to work there. If they feel they are underpaid, or under appreciated, they are more than free to seek greener pastures elsewhere.
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Except that, you know, they're not. But keep telling yourself that it's all fair. Probably makes it all easier to swallow.
 
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nobody123

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lovelatinas

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Smallcock

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lovelatinas said:
No I am looking for terbites to say something along the lines of, "It's only about $200 per employee big wow". or "Fucking Socialist lefties rejoice". You know.
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The story is capitalism at its finest. It's a publicity stunt that will generate more business. Throwing bread crumbs is a sure way to placate the peasants.
 
Marla

Marla

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I have a confidentiality agreement with the TD bank, but because of Rogers, something very equitable and over the top in fairness happpened to me. They bent over backwards to help me out in something that was partially their fault but mostly mine, when they could have turned their backs oh me. I have the upmost respect for Ted Rogers.
 
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