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re: Company CEO’s getting increasing pay.

Posted on 6/5/24 at 7:47 am to
Posted by GoCrazyAuburn
Member since Feb 2010
39456 posts
Posted on 6/5/24 at 7:47 am to
quote:

Perception leads to bad morale, bad morale leads to a high turnover rate, the turnover rate leads to the death spiral.


That’s fine, but that doesn’t answer my question.
Posted by Tigerlaff
FIGHTING out of the Carencro Sonic
Member since Jan 2010
21978 posts
Posted on 6/5/24 at 7:53 am to
The average American cannot even understand what a Fortune 500 CEO even does. He's not your middle manager boss.
Posted by TDTOM
Member since Jan 2021
24280 posts
Posted on 6/5/24 at 7:56 am to
quote:

What a retarded boomer take.

Your ceiling at a company is decided within 6 months lmao.

No amount of muh hard work will get you above that ceiling.

Keep sweeping for the ownership class tho. I'm sure you might get a few crumbs.


Inside of the mind of a lazy young punk.
Posted by JohnnyKilroy
Cajun Navy Vice Admiral
Member since Oct 2012
40051 posts
Posted on 6/5/24 at 7:59 am to
quote:

This thread is wild.


Yep. This board typically despises the vast majority of the companies that are being led by the ceos in the OP. Thread after thread about how woke and riddled with DEI they all are, destroying themselves and America from within.


But dammit those leaders of said woke, dei filled globalist elite corps earned that money!!!!
Posted by RoscoeSanCarlos
Member since Oct 2017
1973 posts
Posted on 6/5/24 at 8:00 am to
quote:

I am aware enough to realize that the current economic structure is broken and there are a lot of folks suffering out there. Income inequality is at an all time high and inflation is exploding.


This is bleeding heart bullshite. You’re either out of touch or an idiot.
Posted by saintslsupels
Member since Jul 2014
2492 posts
Posted on 6/5/24 at 8:02 am to
The guy with over 50K post on Tigerdroppings and He/They pronouns in his profile is claiming to be a CEO
Posted by TDTOM
Member since Jan 2021
24280 posts
Posted on 6/5/24 at 8:02 am to
quote:

This is bleeding heart bullshite. You’re either out of touch or an idiot.


out of touch [idiot]

All emotion all of the time.
Posted by jclem11
Chief Nihilist
Member since Nov 2011
9517 posts
Posted on 6/5/24 at 8:02 am to
quote:

TDTOM


You continue to post nothing of substance in this thread. lmao.

My takes are correct. Stay mad.
Posted by LSUfan4444
Member since Mar 2004
56558 posts
Posted on 6/5/24 at 8:05 am to
quote:

Your ceiling at a company is decided within 6 months lmao.


Sure...if you take a shitty job and prioritize maximizing starting salary over long term growth and earning potential.

Young hires today are mostly like cats chasing a laser beam and easier to fool than a drunk dog.
Posted by jclem11
Chief Nihilist
Member since Nov 2011
9517 posts
Posted on 6/5/24 at 8:05 am to
quote:

This is bleeding heart bullshite. You’re either out of touch or an idiot.


LOL WUT?

And yet you post nothing of substance or any data to disprove my statement. Curious.
Posted by TDTOM
Member since Jan 2021
24280 posts
Posted on 6/5/24 at 8:05 am to
quote:

My takes are correct. Stay mad.


Mad? I am not the one crying about what other people make.
Posted by upgrayedd
Lifting at Tobin's house
Member since Mar 2013
137982 posts
Posted on 6/5/24 at 8:07 am to
quote:

The guy with over 50K post on Tigerdroppings and He/They pronouns in his profile is claiming to be a CEO

You've been here 10 years and you don't know who el gaucho is?
Posted by Dairy Sanders
Member since Apr 2022
2963 posts
Posted on 6/5/24 at 8:07 am to
quote:

Young hires today are mostly like cats chasing a laser beam and easier to fool than a drunk dog.


That mentality is why you have to replace people every few months in a position.

If you are having a problem with one employee, it’s probably that employee. If you are having problems with dozens of employees, YOU are the problem.
Posted by TDTOM
Member since Jan 2021
24280 posts
Posted on 6/5/24 at 8:11 am to
This thread is all over the place. The CEO of a fortune 500 company doesn't know that Earl from the loading dock left for a competitor because they offered him $.25 more per hour.
Posted by LSUfan4444
Member since Mar 2004
56558 posts
Posted on 6/5/24 at 8:15 am to
quote:

If you are having a problem with one employee, it’s probably that employee. If you are having problems with dozens of employees, YOU are the problem.


Agree

The right company culture can go a long way but it has nothing to do with the mentality of understanding what attracts young hires. They by in large want higher starting salaries and are less concerned with long term growth potential.
Posted by Midtiger farm
Member since Nov 2014
5865 posts
Posted on 6/5/24 at 8:16 am to
Stock buybacks, the gov not holding up anti-trust laws are a much bigger problem than ceo pay

Really the only problem with CEOs is when they run a company into the ground doing shady shite, leaving avg people holding the bag and they get off without any consequences
Posted by N2cars
Close by
Member since Feb 2008
37867 posts
Posted on 6/5/24 at 8:17 am to
Amazing post, and spot-on...


Most of the posts in this thread demonstrate that the poster lacks even the most basic business acumen, which clearly defines why he/she ( thankfully) is not a CEO.
Posted by LSUfan4444
Member since Mar 2004
56558 posts
Posted on 6/5/24 at 8:20 am to
I read once in a book and it made sense then and rings true today.

Nobody is good at hiring. It's a game of luck and chance. Set your ego to the side because no matter what anyone wants to believe, everyone sucks at it. Some get more lucky than others.

I used to big on training and onboarding but have shifted to more of an coaching, mentoring and educational model and within 6 months I know who will last and who won't.

The key is to get good at firing because nobody is good at hiring. Identify those who you think can cut it and want to grow and pour into them (more than your customers) so they they pour into your clients/customers.
This post was edited on 6/5/24 at 8:21 am
Posted by Dairy Sanders
Member since Apr 2022
2963 posts
Posted on 6/5/24 at 8:52 am to
You also have to tell people the reality of what they will be doing, don’t sell them a lie to get them in your door.

Training is a big problem too. Expecting others in their department to train them on every aspect of the job is a sign of a shite company.
Posted by upgrayedd
Lifting at Tobin's house
Member since Mar 2013
137982 posts
Posted on 6/5/24 at 8:53 am to
quote:

Agree

The right company culture can go a long way but it has nothing to do with the mentality of understanding what attracts young hires. They by in large want higher starting salaries and are less concerned with long term growth potential.

It's not super complicated. People want to be recognized for their work. When that's not done, people get jaded and start doing less knowing that the extra effort won't get them anywhere. These corporate cultures will be a detriment to the economy in the long term when they start breeding apathetic workforces.
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