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Had a discussion with a leftist that thinks CEOs make too much money and it’s unfair.

Posted on 11/17/22 at 3:47 pm
Posted by roadGator
Member since Feb 2009
150264 posts
Posted on 11/17/22 at 3:47 pm
So, I took Microsoft and numbers readily available on the internet.

CEO salary $42M

Number of employees 221,000

Pay the CEO $0

Each employee gets $190 extra and the CEO quits

Is this what the commies want?
Posted by VADawg
Wherever
Member since Nov 2011
46943 posts
Posted on 11/17/22 at 3:49 pm to
quote:

Is this what the commies want?


They want all of the benefits of management and none of the responsibilities.
Posted by statman34
Member since Feb 2011
3282 posts
Posted on 11/17/22 at 3:49 pm to
They don't know what they want or understand how anything real works. They just want to 'tax the rich' because they have no money and no ambition and they want everyone to be in their boat, comrade.
Posted by Mickey Goldmill
Baton Rouge
Member since Mar 2010
25960 posts
Posted on 11/17/22 at 3:53 pm to
I'll never understand how a person's salary can be considered unfair in a general context. A business will pay someone what they believe that person is worth.
Posted by BobABooey
Parts Unknown
Member since Oct 2004
15487 posts
Posted on 11/17/22 at 3:55 pm to
quote:

Microsoft

Screw mega-corporations like Microsoft! We need to support the grassroots folks who run small businesses out of their garages, like that Gates kid in Albuquerque.
Posted by SpecialHazard
SOCAL
Member since Jan 2018
1572 posts
Posted on 11/17/22 at 3:56 pm to
quote:

They want all of the benefits of management and none of the responsibilities.


I witness this on a daily basis around the company I work for right now.
Posted by Powerman
Member since Jan 2004
165414 posts
Posted on 11/17/22 at 3:56 pm to
I think sometimes it's more that the CEO's pay is stupid than it is unfair

The CEO of MSFT is probably worth 42 million if they do a good job

If they don't do a good job they shouldn't get some golden parachute on the way out. But that's up to the stupidity of the company and whoever makes the contracts. Not really my business
Posted by BuckyCheese
Member since Jan 2015
57778 posts
Posted on 11/17/22 at 3:56 pm to
Send a message to them on their iPhone asking if they knew Apple's CEO had a compensation of $99 million for 2021.
Posted by riccoar
Arkansas
Member since Mar 2006
3986 posts
Posted on 11/17/22 at 3:58 pm to
These labels usually fit these folks:

Democrat
Never played sports
No college degree or high school diploma
College degree useless major
"Disabled"
Living at Home

Common trait: Too damn lazy to ever achieve anything meaningful, so the solution is someone should give it to me.
Posted by jcaz
Laffy
Member since Aug 2014
17708 posts
Posted on 11/17/22 at 4:01 pm to
I bet she doesn’t even care about politicians getting magically rich on $200,000 a year salaries eh?
Posted by artisticsavant
Member since Mar 2017
5398 posts
Posted on 11/17/22 at 4:03 pm to
I don't get the obsession about company CEOs, the known wealthy, how much money someone has. That mentality of people obsessed with that have no problem getting fricked in the arse by Daddy Government though, and that's just weird.
Posted by BuckyCheese
Member since Jan 2015
57778 posts
Posted on 11/17/22 at 4:04 pm to
quote:

I bet she doesn’t even care about politicians getting magically rich on $200,000 a year salaries eh?



That bothers me a lot more than what some CEO makes.
Posted by VADawg
Wherever
Member since Nov 2011
46943 posts
Posted on 11/17/22 at 4:06 pm to
quote:

I bet she doesn’t even care about politicians getting magically rich on $200,000 a year salaries eh?


Leftists worship politicians. Of course they don't care about that.
Posted by 1MileTiger
Denver, Colorado
Member since Jun 2011
1811 posts
Posted on 11/17/22 at 4:10 pm to
I'm a Republican and believe that CEOs of public companies do earn more than they are usually worth. Does a single CEO worth $50M bring more value to the company than if you hired 25 executives for $2M each per year? Answer is probably no.

If it's your company, pay yourself whatever the frick you want.
Posted by upgrayedd
Lifting at Tobin's house
Member since Mar 2013
137036 posts
Posted on 11/17/22 at 4:10 pm to
I'm far from one of these "Eat the rich" lunatics, but to act as if the gap between the people at the top and the average worker isn't widening exponentially is just putting your head in the sand.
Posted by Monday
Prairieville
Member since Mar 2013
5081 posts
Posted on 11/17/22 at 4:11 pm to
I have a friend who has went off of the deep end with this. Most people who think this way will never own anything of importance. Just because you've managed an applebee's doesn't mean you know business.
Posted by upgrayedd
Lifting at Tobin's house
Member since Mar 2013
137036 posts
Posted on 11/17/22 at 4:12 pm to
quote:

I'm a Republican and believe that CEOs of public companies do earn more than they are usually worth. Does a single CEO worth $50M bring more value to the company than if you hired 25 executives for $2M each per year? Answer is probably no.

If it's your company, pay yourself whatever the frick you want.

Exactly.

Anyone who worked for one of these large publicly traded corporations knows this.
Posted by VADawg
Wherever
Member since Nov 2011
46943 posts
Posted on 11/17/22 at 4:14 pm to
quote:

I'm far from one of these "Eat the rich" lunatics, but to act as if the gap between the people at the top and the average worker isn't widening exponentially is just putting your head in the sand.


It is, and it's a problem, but capping someone's earning potential is not the answer. Putting a ceiling on how much money someone can earn would kill innovation. Why bust your arse building a company, creating a product, going to medical school, etc... in that case?
Posted by upgrayedd
Lifting at Tobin's house
Member since Mar 2013
137036 posts
Posted on 11/17/22 at 4:16 pm to
quote:

It is, and it's a problem, but capping someone's earning potential is not the answer. Putting a ceiling on how much money someone can earn would kill innovation. Why bust your arse building a company, creating a product, going to medical school, etc... in that case?


I'm not for government intervention. I'd prefer a massive corporate culture change.
Posted by Zach
Gizmonic Institute
Member since May 2005
115718 posts
Posted on 11/17/22 at 4:16 pm to
quote:

I'll never understand how a person's salary can be considered unfair in a general context. A business will pay someone what they believe that person is worth.


Absolutely. But it doesn't work that way under socialism. Heard a great story on America's 1st News about a Cuban immigrant (legal) who got his first pay check in America last month. He's about 30 y.o. and got at job at UPS.
His wife and family were celebrating. His job in Havana was as a college professor where he made $13 per month.
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