Enough of this

[Mark #2]

http://biz.yahoo.com/rb/050314/autos_ford_billford_1.html

I am getting a little tired of this corporate practice, while the engineers and technicians get 2 to 5% raises, or laid off.

[Tex Arcana]

You are NOT the only one. :flaming: The people who actually *DO* the work are the ones who get screwed the most--and the worst part of THAT is they let 'em do it. WE let them do it, and we ask for more. It just saddens me how people allow other people to sh!t on them, then ask for more. :(

[dboat]

Mark and Tex, I understand your feelings on this but I dont agree. The amount of stress and weight that the CEO has on their shoulders is HUGE. Is this amount out of line? I dont know for sure, but remember, when he took over was right after the Firestone tire issue and the company was headed for the dumper..
I have been a CEO and the decisions you make sometimes are not popular nor what you want to do but what you have to do..
ok, you can :throw: me know for my differing point of view.
Dana

[Mark #2]

Another point of view.

http://story.news.yahoo.com/news?tmpl=story&cid=581&e=1&u=/nm/20050315/tc_nm/tech_apple_ceo_dc

[dboat]

Another point of view.

http://story.news.yahoo.com/news?tmpl=story&cid=581&e=1&u=/nm/20050315/tc_nm/tech_apple_ceo_dc


The prior CEO of HCA, my prior employer, did the same thing as Jobs.. however, I wonder how much he made on his stock? He can make more by having the stock go up over getting a check.. either way, they still bring home some bacon..
Dana

[Tex Arcana]

Mark and Tex, I understand your feelings on this but I dont agree. The amount of stress and weight that the CEO has on their shoulders is HUGE. Is this amount out of line? I dont know for sure, but remember, when he took over was right after the Firestone tire issue and the company was headed for the dumper..
I have been a CEO and the decisions you make sometimes are not popular nor what you want to do but what you have to do..
ok, you can :throw: me know for my differing point of view.
Dana


No flamage at all, because you offered a valid point. I do'nt mind them getting paid for what they go thru; where my issue comes in is when they get OVERPAID for what they do, especially if the company is on the skids and they still get millions upon millions for basically running the company into the ground, and bilking EVERYONE, from the janitors to the investors (can you say, "ENRON"??).

I think there is a major discrepancy these days, with the job market being an employers' market, and the grunts of the companies getting paid less and less for working more and more, and the corp-rats getting exorbitant salaries for basically lining their own pockets for the short term, then leaving to non-extradiction countries to retire while the companies collapse into a flaming heap (see WorldCom). That, to me, is pure greed and selfishness, with no regard or responsibility to their employees or stockholders--and this attitude is fast becoming the norm rather than the exception.

Mark's example is a good one, in that we see ONE person with the guts to admit he's as much at fault for the company's problems as anyone else within the organization, and is willing to do something about it. American Airlines' former CEO did the same thing, in giving back his salary to help keep the company afloat and to help keep good hard-working employees afloat as well.

The truth is, I'm coming to the realization that human nature is in truth not very good overall, and given the opportunity, most people would do the same thing, and screw their fellow humans for a buck. :(

[Mark #2]

http://www.eet.com/news/latest/showArticle.jhtml?articleID=159907764