Calculate Your Own Pay If You Were a CEO!

AFLCIO ^ | January 22, 2002 | AFLCIO/parsifal

[parsifal]

Recently I have been involved in several threads dealing with minimum wages, fair wages, and taxes on the wealthy. Somehow, even though I am pretty "conservative", I manage to be on the opposite side of most freepers on these issues.

So, for fun, and for a view of the "other" side, I present some links to the AFLCIO website.

Calculate your pay if your were a CEO

There are other fun things on the site. Browse around here and play the "Greed" game:

CEO Paywatch and "Greed" Game

And if you are interested in "living wages" and have some questions:

FAQs About Living Wages

[VRWC_minion]

The gov't doesn't have to get real involved in these things

Good gosh. I am speechless. Have you taken up drinking ? The imposistion itself is involvement, not to mention the enforcement.

You are taking contradictory posistions which is not uncommon for liberals to do. Its just uncommon that they recognize it.

[parsifal]

You hold your nose and sic gov't on 'em. parsy.

[parsifal]

"Have you taken up drinking ? The imposistion itself is involvement, not to mention the enforcement. You are taking contradictory posistions which is not uncommon for liberals to do."

Yes, I am having my nightly toddy with St. Brendan's in it. But no,it is not contradictory. Some laws and regulations require much intrusiveness in ENFORCEMENT. In a personal, face-to-face way. You think the "imposition" is intrusive, all by itself. I distinquish them. Minwage is pretty easy to comply with. You just do it. parsy.

[GOP_1900AD]

I would be happy to simply see American CEOs (and their first couple of layers of reports, for that matter) become real Americans, and to drop the internationalist, pro-UN, pro-EU, pro-Fukuyamaian dweeb mentality. Then, once we had achieved recognition of the creed of Borders, Language and Culture among the high and mighty minions, we might be able to have a rational discussion regarding value add versus compensation. I value the cessation of suicidal internationalist behavior much more than redistributing income within corporations. In fact, I am not sure I value this last bit at all....

[parsifal]

The "suicidal internationalist behaviour" is a way that CEOs redistribute the corporate. Less for foreign workers means more for American CEOs. parsy.

[gfactor]

I would argue that unless you've ever been the CEO of a corporation and have had to shoulder the responsibility for running such a "ship" while being held responsible for shareholder value, then it is neither proper nor even possible for you to effectively criticize the pay packages of CEO's

well lets look at some numbers/research. here is a link to a pdf of a study of canadian (socialists!!) ceo pay. notably:

"The typical CEO's compensation grew by 112% during 1997, whether his company's profits rose or fell. He [sic] then received an additional raise of 2% for every 10% increase in company profits. Again the relationship is positive but weak: changes in profits expalin only 5% of the changes in ceo compensation"

or we can look at productivity of US workers -- standard economic theory for what should raise their wages. some numbers say:

"If wages had kept pace with rising productivity since 1968, the average hourly wage would have been $24.56 in 2000, rather than $13.74. The minimum wage would be $13.80--not $5.15."

I suppose what would really add to the discussion, besides theories such as yours, are numbers comporable to that canadian study for US corporations. Just how well did CEO's do, relative not only to workers, but to stockholders and profits?

[Chief901]

If I were to caculate my salary, then I would probably be in the top 1% of wage earners, the Rats would then want me to pay all of that and more in taxes to fund their programs, and I would be "evil rich". I just can not take the chance.

[GOP_1900AD]

Many (most?) businessmen these days are closer to a Gramsican Marxist mentality than that of the 19th century industrialists. They love (and optimize) their high incomes but many vote on the far left. Within most major (e.g. Fortune 500) corporations, the PC garbage runs thick and deep. Hard core anti-sovereign mentality, particularly aimed at the US, is common. And, I hasten to add, the tendancy to appease the PRC as well as numerous other enemies of America is rampant. Treason is well thought of and it is considered very politically incorrect to use geopolitical criteria in decision making regarding both supply chain design as well as market investment. While a number of these things have sprung from the installation of folks who got educational deferments (and did dope, burned flags, spit on GIs, etc...) into the halls of power since the 1980s, some of it goes back as far as the 1920s. Witness the dirty (and ultimately treasonous) dealings of GE and Ford (among others) with National Socialist Germany; dealings that anyone with half a brain would have cut off way back around 1934.

I think you can see that my biggest criticisms of corporate leaders have more to do with issues of patriotism than with issues of personal compensation.

[gfactor]

In the future it would be easier to say that you are greedy and jealous.

aint nothin wrong with being opposed to affirmative action for the children of the rich.

[GOP_1900AD]

"Gramsican" s/b "Gramscian".

[parsifal]

Thanks for the good links. parsy.

[Doc On The Bay]

IMHO, the LAST "Person" paid is the "CEO" of a given Company!

FIRST, you pay the "Workers," THEN, you pay the "Consultants," & LAST, you pay Yourself!

ANYONE who violates this "Progression," is probably Defrauding someone!

Doc

[parsifal]

You make some good points. I saw an article once about some rich dudes back in the 30's who tried to supplant FDR with Nazis or something. I'll try to find it. parsy.

[gfactor]

found 'em googling for "ceo pay company profits". i'd still love to get my hands on some data comparing ceo pay to stock/profit performance for the USA. other data (like the canadian ones) tells me its not so "capitalistic" and that market discipline is asymetrically applied when it comes to workers, bosses and owners.

[gfactor]

FIRST, you pay the "Workers," THEN, you pay the "Consultants," & LAST, you pay Yourself!

are you hiring?

[parsifal]

The CommonDreams link worked but I could not get the pdf one to work. I notice not many of the "Randite" type freepers are sharing the CEO calc with us...Maybe they're having some new thoughts. Sure hope so. parsy.

[gfactor]

correct link: http://www.policyalternatives.ca/publications/btn2.pdf

[parsifal]

PDF LINK= Those Lousy No-Good Greedy CEOs! An Empirical Non-Judgmental Study

[parsifal]

NOTICE TO ALL FREEPERS WHO WORSHIP BIG BUSINESS!

Do not read the above link at "58." You really don't want to know this stuff. If you read it, you will actually have to think about some of this stuff. Stay away from this if you are personally invested in Randite Cultism. This could cause you mental distress! Your frontal lobes could overload. parsy.

[rdb3]

It is a fact (not feeling) that minwage laws hurt the lower wage workers.

ZING! As Milton Friedman taught, minimum wage laws are the most anti-black laws on the books.