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The more a CEO outsources jobs, the higher will be his pay

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Bhaisahab Donating Member (1000+ posts) Send PM | Profile | Ignore Tue Sep-07-04 01:20 AM
Original message
The more a CEO outsources jobs, the higher will be his pay
The more a chief executive officer outsources jobs, the higher will be his compensation.

That's the conclusion of a study entitled ``Executive Excess 2004.''

http://quote.bloomberg.com/apps/news?pid=10000039&sid=aj3kB2RMyUDc&refer=columnist_crystal
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northstar Donating Member (201 posts) Send PM | Profile | Ignore Tue Sep-07-04 01:25 AM
Response to Original message
1. How obvious.....CEO's have no loyalty to their employees.....
only to their stockholders. If the employees are stockholders too, welllllll that changes things. But THAT practice has been widely discouraged/turned-back.
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Sugarbleus Donating Member (1000+ posts) Send PM | Profile | Ignore Tue Sep-07-04 01:54 AM
Response to Reply #1
2. What a sick economic strategy
This is no way to build and run a country! Crap, we don't need to worry about outside "terrorists"...we've got economic terrorists doing it to us everyday right here on this soil... doing it on the installment plan!!!!!!!!!!! Bleeding the life, the heart and soul right out of our society. :nuke:

If this country collapses, these economic vampires can fly off to some sweet spot on this planet, with their considerable wealth, and live happily ever after!


BRING BACK GOV. REGULATIONS
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Nordic Donating Member (1000+ posts) Send PM | Profile | Ignore Tue Sep-07-04 01:59 AM
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3. If minimum wage had gone up the same rate as CEO pay
the minimum wage would now be something like $53.00 an hour

This is a fact.

Think about it the next time you're at work, you're bored and you think "well at least I got paid _____ for sitting on my ass the last hour"
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