In article ,
says...

On Fri, 2 Aug 2013 09:21:12 -0400, "Eisboch"
wrote:



wrote in message ...

On Fri, 2 Aug 2013 09:01:50 -0400, "Eisboch"
wrote:

I can't
understand how people can expect wage and benefit packages that are
10
times (or more) than that paid by the competition.

Maybe they have the mind set of CEOs?

-------------------------------

Standard response. The majority of American CEOs don't receive
disproportionate wages, benefits or bonuses.
Those that do are typically hired hands with a contract with a public
company, charged with increasing profits and stock values ... for
whom?

The stock holders .... many invested through 401K plans .... who
expect stock performance while at the same time complaining about
their own wage and benefit packages. Mutually exclusive goals.


Standard response. The AVERAGE CEO makes $7,000 per hour, that is just
bull****. No matter how you *feel* about this, the facts speak for
themselves.

http://www.epi.org/publication/ceo-p...dinarily-high/

My, my. I think Richard's got his knees jerking.
Real "company lines" there.
People gaining significant benefits from 401k's are high
wage earners. High wage earners generally don't complain
about their wage and benefit packages.
Because...they are high wage earners.
Some even have defined benefit pensions to go along with
fat 401k's. I did.
But we are the few, not the many.
Gee, it's like Richard never heard of "income
inequality" being a problem serious here in the Good Ole
U.S.A.
Even Joe Scarborough talks about it.
Of course that all can be entirely meaningless in
personal practical terms.
If you have the money to get by. I do, and I suspect
Richard does.
So why worry about it? It's a dog eat dog world.
Until the big dog pack forms up and starts howling for
more meat.
Chances are looking better for more unionization as this
gets worse. Alternately, government will step up welfare
programs.
The writing is on the wall, because current practices
aren't sustainable.
Won't bother me however it turns out.
I don't care if the average CEO takes in $7k an hour
while running a company into the ground.
I mean, CEO's are geniuses, right? They deserve whatever
they can steal, right?
hehe.