View Poll Results: With workers cutting back, wealthy CEOs should cut back too. Agree/disagree

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  • Disagree. Quality CEOs are in short supply. They must be paid more or companies can't survive.

    52 54.74%
  • Agree. Times are tough. CEOs should take pay cuts to help their companies be more profitable.

    43 45.26%
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Thread: With workers cutting back, wealthy CEOs should cut back too. Agree/disagree

  1. #71
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    Re: With workers cutting back, wealthy CEOs should cut back too. Agree/disagree

    Quote Originally Posted by BDBoop View Post
    Personally, I don't feel it's fair to include Ralph Lauren, who owns Ralph Lauren. That first one made me see red. Gee, health care costs. I get it now.
    granted, it does take a billion dollars to get a drug to market. personally, i don't see how that can continue, as health care is unaffordable for so many. it may mean that riskier drugs make it to market, but honestly, i have my doubts if aspirin would make it to market if it were discovered today.

    however, i think a lot of executives forget their impact on public relations. compensation policies like that in a job / health care climate like the one we have now makes it easy for the average person to hate a company, even if the CEO salary actually has little impact on the price of the product. in this case, taking that salary at this particular moment invites a lot of scrutiny.

  2. #72
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    Re: With workers cutting back, wealthy CEOs should cut back too. Agree/disagree

    guess this belongs here:

    Wall Street Slashing Pay

  3. #73
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    Re: With workers cutting back, wealthy CEOs should cut back too. Agree/disagree

    Quote Originally Posted by cpwill View Post
    guess this belongs here:

    Wall Street Slashing Pay
    Very good: it seems that a prolonged lag in the economy has spurred this on. . . without needing to be required by the government nor in actual regard to the 'fairness' in contrast to the basic employees.
    A screaming comes across the sky.
    It has happened before, but there is nothing to compare it to now.
    Pynchon - Gravity's Rainbow

  4. #74
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    Re: With workers cutting back, wealthy CEOs should cut back too. Agree/disagree

    Quote Originally Posted by LuckyDan View Post
    So they made on average 23% more by 2009. Why does that bother you? If it's greed, then are workers also greedy for wanting raises?
    With a time of "economic despair" and the middle class eradicating, and all the jobs being ship over seas and the CEO's think its a good time to give themselves raises and not help out and maybe try to bring some of those jobs back here but instead they give themselves raises i would call that greed a huge act of injustice.

    Are you suggesting a socialist economy would not tax me? Or my employer?
    No i never said that.
    Extreme system of Progressive Taxation.


  5. #75
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    Re: With workers cutting back, wealthy CEOs should cut back too. Agree/disagree

    The poll is lopsided, it's assuming that CEOs are more important than the workers. Should workers take a pay cut if they are quality workers? Isn't the survival of the company also dependent on them?

  6. #76
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    Re: With workers cutting back, wealthy CEOs should cut back too. Agree/disagree

    Quote Originally Posted by cpwill View Post
    guess this belongs here:

    Wall Street Slashing Pay
    Yup, nice article on how traders and the ilk are having their pay based on performance tightened. And the performance rules made more rational and effective for the corporation. I guess doing things like this does justify higher pay for the CEO. Just in case anyone is confused this 'Wall Street Slashing Pay is about the professional worker bees pay on 'Wall Street' not the CEOs.

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