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Claustrum

(5,058 posts)

11. Spot on!!!!

Reply to onethatcares (Reply #7)

Thu Sep 10, 2020, 05:05 PM

Sep 2020

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What do CEOs do that makes them worth millions, while... [View all] AmyStrange Sep 2020 OP

Run the company. Do you think you could do that? NT mahatmakanejeeves Sep 2020 #1

I ran my own company once, and yes I could. n/t AmyStrange Sep 2020 #5

A Lot(!) Of People Within A Given Corporation... ProfessorGAC Sep 2020 #12

Probably better than a lot of them edhopper Sep 2020 #26

And that justifies the 940% growth in compensation since 1978? tenderfoot Sep 2020 #43

That's a separate issue. As an HP shareholder, I'm well aware of that debacle. NT mahatmakanejeeves Sep 2020 #44

They don't run companies. That's a myth. Yavin4 Sep 2020 #49

Only thing they claim is that a typical CEO gets fired after 3 years on average. jimfields33 Sep 2020 #2

If They Have Multiple Bad Quarters... ProfessorGAC Sep 2020 #6

I'm sure that many are thought to be good but just don't work out jimfields33 Sep 2020 #15

External Searches Can Cause That ProfessorGAC Sep 2020 #22

That is a brilliant point jimfields33 Sep 2020 #35

It's Not Just More Money ProfessorGAC Sep 2020 #3

I didn't know that, and... AmyStrange Sep 2020 #9

Robert Samuelson, of all people, wrote a good column back in the 80s gratuitous Sep 2020 #34

All Good Points ProfessorGAC Sep 2020 #36

I like the first question, but... AmyStrange Sep 2020 #37

Replacing a line worker is easy, so they worth less. Claustrum Sep 2020 #4

They should replace the CEO with a line worker n/t AmyStrange Sep 2020 #8

I wish it was that way and the decision made would be much better. Claustrum Sep 2020 #10

It's kind of a club isn't it? n/t AmyStrange Sep 2020 #18

in the new capitalist system we have onethatcares Sep 2020 #7

Spot on!!!! Claustrum Sep 2020 #11

While laborers are finding it increasingly impossible... AmyStrange Sep 2020 #14

And a hospital stay could wipe them out completely. lpbk2713 Sep 2020 #19

Yup, even if they had insurance... n/t AmyStrange Sep 2020 #21

America has WAY too many conartists DSandra Sep 2020 #16

Generally speaking its decision making and leadership.. honest.abe Sep 2020 #13

Can't really argue with that, but... AmyStrange Sep 2020 #17

Certainly not 100 times or 10 times more valuable. honest.abe Sep 2020 #20

Totally agree. The more you make, the less you actually work. AmyStrange Sep 2020 #24

Management is real work. hack89 Sep 2020 #29

Laboring with "effort" is not the same thing as digging a ditch. AmyStrange Sep 2020 #32

What elevates physical labor over mental labor? hack89 Sep 2020 #40

Who would they manage if there was no labor? AmyStrange Sep 2020 #48

They aren't worth the differential in salaries and benefits. Blue_true Sep 2020 #45

I really can't argue with your reasoning, except... AmyStrange Sep 2020 #52

Unfortunately, they are managing the output from intelligent machines more and more. Blue_true Sep 2020 #55

Crap, robots are gonna take over, but... AmyStrange Sep 2020 #57

Intelligent machines won't take over, they can't because at their core, they Blue_true Sep 2020 #60

I tend to believe you, but... AmyStrange Sep 2020 #61

People who get money from GI would buy the stuff. Blue_true Sep 2020 #62

Interesting theory and I like it. AmyStrange Sep 2020 #64

It is easy to make risky decisions when you know Bettie Sep 2020 #23

A lot of them also get golden parachutes, and... AmyStrange Sep 2020 #25

The ratio to worker pay edhopper Sep 2020 #27

Trickle down economy sucks... AmyStrange Sep 2020 #30

Good ones create growth and therefore jobs hack89 Sep 2020 #28

Do they pay their laborers more money? AmyStrange Sep 2020 #31

Good companies with good CEOs do hack89 Sep 2020 #41

I applaud those CEOs, and... AmyStrange Sep 2020 #51

Like all the ones who used the massive Trump tax cut edhopper Sep 2020 #33

"Good ones" increase the board's stock margins, and in doing so decrease jobs. LanternWaste Sep 2020 #38

Guns really warped your perspective, hack89 Sep 2020 #42

I found that out the hard way in the first company that I owned. Blue_true Sep 2020 #46

CEOs don't do shit. rownesheck Sep 2020 #39

Have you ever owned a company where you were responsible for formulating or Blue_true Sep 2020 #47

They sell the stock. Yavin4 Sep 2020 #50

You're right of course, but... AmyStrange Sep 2020 #53

They do pay them with stock Yavin4 Sep 2020 #54

That's all they should get n/t AmyStrange Sep 2020 #56

Yes they are overpaid, but the more responsibility you have, the more you get paid mtnsnake Sep 2020 #58

True, but without line workers, who would they manage? n/t AmyStrange Sep 2020 #59

I once asked my company's CEO what he did for a living jmowreader Sep 2020 #63

In other words, keep the company stock and profits up. n/t AmyStrange Sep 2020 #65