To: uncitizen
For instance, an educated electrical engineer is not gonna sit back and let an uneducated auto worker make more than he does. Then the educated superior one has the same motive as the uneducated inferior one ---they both want more money. I'm not pro-union but why should a CEO be able to demand $1 million or more a year and it's okay but a union worker shouldn't ask for $30,000 a year? It's not like anyone is the owner, only stockholders are the owners ---how do CEOs get by with their outrageous salaries?
35 posted on
03/18/2003 3:35:27 PM PST by
FITZ
To: FITZ
Then the educated superior one has the same motive as the uneducated inferior one ---they both want more money. I'm not pro-union but why should a CEO be able to demand $1 million or more a year and it's okay but a union worker shouldn't ask for $30,000 a year? It's not like anyone is the owner, only stockholders are the owners ---how do CEOs get by with their outrageous salaries?
Even the least trained of union workers makes more than $30K. That barely the value of their benefits. My uncles job was to light a furnace in a steel mill. He used to sleep on the job and get paid over $100K. Never graduated high school.
OTOH, i'm very close to someone who is a CEO. He doesn't sleep on the job. He barely sleeps at all. He has a tremendous responsibility and a great deal of stress. The managers all come to him with their problems which he has to solve, the board is pressuring him to do things their way instead of the way he knows things should be done, the investors are counting on him to not lose their money but make their money grow. And the man has no time for his family as he works 6 days a week, sometimes 7. I am beginning to understand why CEO's are paid so much.
46 posted on
03/18/2003 3:53:56 PM PST by
uncitizen
(hostile freepers need not reply)
To: FITZ
Then the educated superior one has the same motive as the uneducated inferior one ---they both want more money. I'm not pro-union but why should a CEO be able to demand $1 million or more a year and it's okay but a union worker shouldn't ask for $30,000 a year? It's not like anyone is the owner, only stockholders are the owners ---how do CEOs get by with their outrageous salaries?Hey, we're all free agents to a certain extent. I'm not against people bargaining for the best deal they can get, as an individual or collectively. But, I'm also in favor of the right-to-work and employ-at-will laws. Free enterprise should be free.
54 posted on
03/18/2003 4:09:49 PM PST by
meyer
To: FITZ
"CEO be able to demand $1 million or more a year and it's okay but a union worker shouldn't ask for $30,000 a year?"
Salaries are based on their value added to a company, not the amount of effort put in.
OTOH a CEO's base pay should be more modest with bonuses tied to profitability.
69 posted on
03/18/2003 10:56:34 PM PST by
ffusco
("Essiri sempri la santu fora la chiesa.")
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