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To: Oldeconomybuyer
Here's what I propose. Let's have ‘tracker’ devices for John Hancock and all insurance companies. On a daily, hourly by hourly basis the payroll of the company, all CEO and management compensation, all vacation time, travel time and expense, and hours worked for all decision-making employees / management will be monitored and reported to all who hold policies from the company (all will have continuous access to real-time data).

There will be ‘goals’ for financial solvency of these companies, costs to the consumers, and the percentages of total costs that management salaries, bonuses, benefits, and vacation time represent as a function of revenues. It will be a ‘fit bit’ for executives, and if they fail to reach specific milestones - determined specifically and exclusively by policy holders, they will receive commensurately less compensation and will accumulate demerits. After a certain number of demerits they can be dismissed without further cause - with no severance over and above what the average of all non-management employees are given as severance packages.

28 posted on 09/20/2018 12:49:14 PM PDT by neverevergiveup
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To: neverevergiveup

I’d like to track the politicians in Sacramento like this! If they want our votes, they need to spend 40% or less time drunk or having sex with lobbyists! I think that is fair, but they’d never agree to such a whopping cutback.


32 posted on 09/20/2018 12:51:20 PM PDT by Yaelle
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To: neverevergiveup

They probably already do all that to rank and file employees. First, they offer a premium discount for employee insurance. When that doesn’t get enough participation, they make it mandatory. Many big corporations treat their help that way. Not just as regards to insurance, either. Everything, except the big shots perks and salaries, is about the bottom line. Employees are simply assets or tools to make them money. With rare exceptions, they treat their help as poorly as they can get away with.


46 posted on 09/20/2018 12:58:15 PM PDT by Flaming Conservative ((Pray without ceasing))
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