Yellow | Typical CEO makes 164 times median pay of their employees
- Thread starter Freightmaster1
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And, at the bottom end, more and more are just saying screw your crappy job, choosing instead to live in a tent.
If our corporate executives valued their employees as more than just a commodity and adopted the practice of Henry Ford,
https://www.history.com/this-day-in-history/ford-factory-workers-get-40-hour-week
We might reach a dialogue that meets the needs of both parties and a more productive workforce overall.
It seems so simple.
https://www.history.com/this-day-in-history/ford-factory-workers-get-40-hour-week
We might reach a dialogue that meets the needs of both parties and a more productive workforce overall.
It seems so simple.
I do not believe that is an accurate conclusion to be drawn from that video.
I do not believe that is an accurate conclusion to be drawn from that video.
Try'n Hard
SITUATION CRITICAL..... but not serious
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Agreed. Personally I prefer a van down by the river.
skullcramp
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You sound like one o them commyewnisitc soshalists Elwood, take your progressive views elsware MAGA!! 2020
You sound like one o them commyewnisitc soshalists Elwood, take your progressive views elsware MAGA!! 2020
http://lowandslow01.blogspot.com/2012/07/was-henry-ford-socialist.html?m=1
Capitalism is not a set it and forget it proposition. Capitalism is not about fairness to all. Capitalism is a system designed to create the most wealth with the resources at hand. Fairness only comes by monitoring the balance of power in the ebbs and flows that naturally occur, and by making adjustments that will allow all participants to remain adequately incentivezed.
Subcontracting, the use of temp labor, and the threat of offshoring are some examples of practices that upset the balance of power in a way that can leave those at the bottom unable to obtain anything more than a miserable existence for their efforts.
Subcontracting, the use of temp labor, and the threat of offshoring are some examples of practices that upset the balance of power in a way that can leave those at the bottom unable to obtain anything more than a miserable existence for their efforts.
skullcramp
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Forgot to add my usual tagline "sarcasm intended"
I know where you’re coming from, Cramp. All good, I dint even comment on ur shpelling.
not related here.
As to your "was Ford a Socialist" blogpost, The difference was- Ford was a Private Business (as is YRCW), deciding what to pay his employees. As opposed to Hollende (in the article) is head of a Government, forcing higher taxes. Hugely Important lesson, but apples vs oranges. For succeeded, where Hollende failed, and was voted out.
The company has jobs to do. Bargaining unit employees negotiate our rate of pay (Ford's 1914 employees did not) to do those jobs. Corporate employees negotiate their own pay. The two (corporate and basic employees' pay) have zero to do with each other, other than jealousy- which is abundant in humans!
Why CEOs Make So Much Money
"The famed newsman Robert Krulwich identified executive compensation as an issue in the 1980s. He pointed out that there were no "brakes" on executive compensation. There is no outside body that could actually influence CEO pay. He predicted that it would rise dramatically. He was right."
"The famed newsman Robert Krulwich identified executive compensation as an issue in the 1980s. He pointed out that there were no "brakes" on executive compensation. There is no outside body that could actually influence CEO pay. He predicted that it would rise dramatically. He was right."