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Why do CEO's make som much?

Aberration said:
I clearly stated what I was getting at. One does it by graft and is the only one of concern. The others get it by voluntary negotiation and is only an object for some to envy.
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How did they get it through graft if they had it before they got to Congress was my question? If they had it before they got there, they presumably did so using the same voluntary negotiations you defended.
 
KLATTU said:
Not surprisingly , it's the simple la of supply and demand
Why Do CEOs Make so Much Money? - Foundation for Economic Education
You probably recall from Economics 101 that prices are determined by the interplay of supply and demand. Labor pricing, or compensation, is no exception.

Large corporations compete for experienced, proven, high-performing CEOs to run their companies. The directors of a corporation make the subjective determination of recruiting executives and setting their compensation. But that compensation package is often highly negotiated.


(OF COURSE YOU WONT HEAR THIS FROM DEMOCRATS,,,,"system is rigged getting rich of the backs of the poor....trickle up....tax cuts for the rich....blah blah )
COMMENTS?
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CEOs should be paid more than the average worker. A lot more. 300+ times more? No. CEO pay has increased close to 1000 percent since the 1970s. Can you say the same about workers?

I have no issue with CEOs getting paid a lot of money. It is an incredibly hard job. But I do have an issue with CEOs getting multi million dollar golden parachutes when they don't perform.
 
ocean515 said:
Takes a lot of stupidity to blame CEO's for what happened to the economy 12 years ago.
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Takes a lot of stupidity to not know that ceos caused the great recession. Lol
 
vegas giants said:
Takes a lot of stupidity to cause the economy to crash by mismanagement by CEOs. Lol
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Um. No. The Great Recession was caused by Democrat-controlled Fannie Mae and Freddie Mac ordering banks to make bad loans to unqualified minority purchasers. When Republicans objected, they were shouted down as racists.
 
Mashmont said:
Um. No. The Great Recession was caused by Democrat-controlled Fannie Mae and Freddie Mac ordering banks to make bad loans to unqualified minority purchasers. When Republicans objected, they were shouted down as racists.
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Oh god you get so much wrong
 
vegas giants said:
Oh god you get so much wrong
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And guess who was the leading recipient of Fannie Mae campaign donations. That's right. The ignoramus empty suit with the big floppy ears named 0bama.
 
Mashmont said:
And guess who was the leading recipient of Fannie Mae campaign donations. That's right. The ignoramus empty suit with the big floppy ears named 0bama.
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It is amazing how little you know
 
Winston said:
CEO's make like 350 times what their workers make, that's an excess.
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all ceo's?

or just a few from a few mega congomerates

enough that the MSM can use to go "see the rich get richer, and the poor get poorer"

btw...what should the multiple be of ceo's over their "average" employee

please share your expertise
 
ocean515 said:
Takes a lot of stupidity to blame CEO's for what happened to the economy 12 years ago.
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Is this a joke comment? because you can't be serious?!?
 
tres borrachos said:
CEOs should be paid more than the average worker. A lot more. 300+ times more? No. CEO pay has increased close to 1000 percent since the 1970s. Can you say the same about workers?

.
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Putting aside the fact that the 300 sta is massively flawed, you kind of answered your question with your first 2 sentences.

It's like complaining that Lebron James makes 300 times more than the custodian who works for the Lakers. Not exactly the same - but same principle.

tres borrachos said:
C. But I do have an issue with CEOs getting multi million dollar golden parachutes when they don't perform.
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Yes, well companies make bad decisions all the time . They usually pay the price.
BEating the sports analogy to death,teams will probably throwing dumptrucks of money at Joe Madden even though he just ran the Cubs into ground. Why ?beacuse he's had success in the past and they think he can do it.
I'm sure it's extremely rare that a company paid a CEO mega bucks based on NO track record.

The bottom line is- The govt should stay out of it.
 
KLATTU said:
Putting aside the fact that the 300 sta is massively flawed, you kind of answered your question with your first 2 sentences.

It's like complaining that Lebron James makes 300 times more than the custodian who works for the Lakers. Not exactly the same - but same principle.



Yes, well companies make bad decisions all the time . They usually pay the price.
BEating the sports analogy to death,teams will probably throwing dumptrucks of money at Joe Madden even though he just ran the Cubs into ground. Why ?beacuse he's had success in the past and they think he can do it.
I'm sure it's extremely rare that a company paid a CEO mega bucks based on NO track record.

The bottom line is- The govt should stay out of it.
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No, the 300 "sta" is not massively flawed. It's been studied by Forbes and Harvard Business School and many others.

I didn't say anything about the government being in it. I also never said a CEO was paid mega bucks based on NO track record. How many strawmen do you envision yourself building.
 
vegas giants said:
I think we are supposed to blame gremlins and orcs
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We do know... Modern Day Republican have never taken responsibility for any of the damages they have created and cost the nation and its people. I for one have come to accept they are not likely to start accepting responsibility for the damages they do any time soon. They still chase the carrot on the stick of thinking "one day" the wealthy will give them something, based purely on their skin color devotion to its aims of segregationist white nationalistic agenda, unaware that it includes segregating the working poor white masses far as possible away from the well to do and wealthy white monetary based elitist. Facing this realism is very difficult for them to factor and even harder to digest.

If they take the dare to look at their history, its the same wealthy they worshiped, who coined the phrase "poor whites" and they added a their own quantifier of "trash" to the term, and the people still don't get it.

One thing is certain... they (these masses conservative right wing Republicans) know where the city lines are drawn and they know they are not welcomed on the other side of those lines where the well to do and wealthy whites reside; and they certainly are not welcomed at any place any corporate executive frequent, so to save themselves from facing reality, they don't make effort to go there. They don't particularly care, because in the systems that groomed "SERF's" was done well, so that it was/is customary to ensure they worship their wealthy masters and stand by every breath of life, to defend, protect and go on attack for the preservation of their wealthy masters means to remain being the masters over wealth.

They (These who seem to think CEO can do no wrong and get paid for the wrong they do) should check into research and see how many CEO's support improving pay to meet with the (actual) living standards cost, that is based on real time expenses?

The system of Economic Segregation has been alive in America for 100's of years... and some are just not of the awarness to understand how and why.

Its the same as, when the wealthy are brought before a Judge to be Sentenced for a Wrong... their time is calculated in Month's and sometimes even as low as "Days".... but these same working poor are brought before a Judge to be Sentenced for a Wrong... their time is calculated in Years, and Decades...
 
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tres borrachos said:
Thanks for the opinion piece. And I never mentioned the AFL-CIO.
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No,, I did. that's where the flawed ~300 x figure came from.
Harvard and Forbes never 'studied' it (as you said ), they just quoted the AFL-CIO number.
(AS far as I know)
 
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gdgyva said:
all ceo's?

or just a few from a few mega congomerates

enough that the MSM can use to go "see the rich get richer, and the poor get poorer"

btw...what should the multiple be of ceo's over their "average" employee

please share your expertise
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I think back during the golden age of capitalism the CEO:worker ratio was 50:1.

Back then we had a healthier middle class and better paying jobs so, I'd say returning back to those preferable economic times is more favorable to the working class.


Sent from my iPhone using Tapatalk
 
KLATTU said:
Not surprisingly , it's the simple la of supply and demand
Why Do CEOs Make so Much Money? - Foundation for Economic Education
You probably recall from Economics 101 that prices are determined by the interplay of supply and demand. Labor pricing, or compensation, is no exception.

Large corporations compete for experienced, proven, high-performing CEOs to run their companies. The directors of a corporation make the subjective determination of recruiting executives and setting their compensation. But that compensation package is often highly negotiated.


(OF COURSE YOU WONT HEAR THIS FROM DEMOCRATS,,,,"system is rigged getting rich of the backs of the poor....trickle up....tax cuts for the rich....blah blah )
COMMENTS?
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When Wall Street collapsed several CEOs were forced to give back excessive pay and benefits and several were charged with criminal activity, particularly for cooking the books to reflect untrue boosts in profits for which they received tens or hundreds of thousands or even millions of dollars in performance bonuses.

Franklin Raines, however, the democrat head of Fannie Mae, never gave back a dime of his more than a hundred million dollars in salary and benefits while cooking the books at Fannie Mae. He was a democrat. He was crooked. He was black. That made him immune from prosecution under Obama and Holder.
 
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