Robert Oak
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Tue Aug-31-04 02:25 AM
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| CEOS who ship out our jobs got a 46% pay raise in 2003 |
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http://forum.noslaves.com/index.php?act=ST&f=15&t=231http://www.timesdaily.com/apps/pbcs.dll/ar...1/APF/408310555Average CEO compensation at the 50 companies outsourcing the most service jobs rose by 46 percent in 2003 from a year earlier, compared with a 9 percent increase for CEOs at 365 big companies overall, the study by the left-leaning Institute for Policy Studies and United for a Fair Economy found.
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| phantom power
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Tue Aug-31-04 10:50 AM
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| 1. of course: they are maximizing shareholder value |
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Outsourcing allows more profit margin, so these CEOs are clearly more successful.
That is, if you measure economic health by shareholder value.
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Tue Aug-31-04 11:01 PM
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| 2. Didn't CEO salaries go way up before the Great Depression? |
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Everyone was borrowing then, and not working much, to buy the fruits of new-found industrialization productivity!
...for a while...
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| Robert Oak
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Wed Sep-01-04 11:27 AM
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| 3. Is that why HP gave a warning on their profits? <sic> |
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