9 CEOs paid 800 times more than their workers

[nat4900]

Socialist countries only work for the dictator's you moron. The people all suffer under socialism.

".....and now a few words from our sponsors, Fox news will be right back...."

 

[danielpalos]

Not a single one of those examples ever raised the quality of life for their people. In any way. The fact you actually listed China first is amazing. Not that the others have done any better but you actually think China of all places is making their citizens lives better. Were you born stupid or did you actually have to work on it?

I listed China because that country is one of our bankers.....The issue was and is whether socialist countries work.....they do. Get off your jingoism.....flying a flag on your front lawn on the 4th of july does not make you some great American.;

Socialist countries only work for the dictator's you moron. The people all suffer under socialism.

I think the People benefited after the social bailout of capitalism in 1929.

 

[SwimExpert]

B'loney. An employee who quits because a lower performer receives a huge increase and he doesn't is making a financial decision.

The same thing goes for customers who don't want to expose themselves to an increase in fees or disruption of service if the provider goes under.

No, that's not a financial reason any more than it's a financial reason when a customer stops eating at Chick-fil-a because the company donated to a GOP candidate.

If an employee leaves their job because they are given an offer for more money, that's a financial reason. If they leave their job because they object to someone else making $X, then that's a political reason. It's also petty and stupid, and is no better than the liberals whining about what other people make.

 

[ScienceRocks]

thief's and crooks all!

 

[SwimExpert]

If you tell them you'll think it over, what's to stop them from moving on to the next candidate?

You stop them. They chose you for a reason. They picked you. They want you. That's what stops them.

What did I say earlier? Stop obsessing on what might go wrong, and start focusing on everything you can make go right! I can tell from your questions that you are inexperienced. The truth of the matter is that what you are afraid of happening is not a realistic scenario. In the off chance you run into a hiring manager who demands a response the very moment he gives you an offer, you're better off letting him move on, because he's a piece of shit to work for. If that's how they are going to be, then they don't respect their employees.

If you're going to negotiate wages and you don't have the luxury of losing this job offer, you negotiate right then and there. Do not leave without accepting the job unless you're prepared to lose the job.

Quite incorrect. It is best to wait before making your counter offer. First, it gives you leverage. Another (better) offer may come through. The company has no idea whether that's happening or not. It leaves you with much better control of the situation. Second, an immediate response comes across as too anxious and desperate. This tends to be a huge turn-off, and will almost always cause your counter to be met with increased resistance.

Instead, ask for the offer in writing, and ask when they desire/need a response. If they really need a response immediately they will say so. But if that's how they conduct their employment matters then you should run like Hell. No decent manager would expect you to make such an impulsive decision. After all, if I force you to make an immediate decision, you'll probably accept. But if a much better offer comes through for you in a day or two, you'll naturally go with that, and end up blowing me off in the process. I've already made plans, have already written a training schedule, may have already ordered uniforms. Demanding a candidate make an immediate decision is shooting myself in the foot.

you negotiate from a place of power ... which most of us don't have the luxury of.

You gotta learn how to play poker, it'll really help you learn how to negotiate. It's not about luxury. Well, it's rarely about luxury. Most of the time, it's just about playing a good poker face.

Here's a true story that happened not too long ago....I was in a job that I was desperately wanting to leave. Most of the people I was working with were douche bags. After being there a year I had come to see that most of my colleagues were low class trash. The upper management wasn't particularly bright, yadda-yadda-yadda. Point is, I hated it so badly that every day walking in I felt myself on the verge of quitting on the spot. It was time to find something else, and find something fast.

I started looking for new options. Sent my resume a few places. I'm going to be perfectly honest with you here...my resume isn't exactly the most impressive for the work I now do, and for what I was looking. I'm very good and have some solid experience. But I also have some holes that can lead some companies to toss my resume into the "filed for 90 days" pile. Anyway, came up with two primary target jobs. The first one I had already made the decision to reject because they tried to massively low-ball me on price, and played hard ball on the negotiations. Besides, I wanted to move out of town and it was a local company. By the time the second one was ready to make an offer, I knew I didn't have anymore logs on the fire. But they didn't know that. A third log I pretty much lost; I was emailed an invite to an interview day of all their candidates, but I blew it off because I had already set up an interview that same day for log 2, so I had to pick one. Fact is, I was desperate to get this job. But the only person who needed to know that was me. When I finally made my way in for an interview, I knew that I had no other options that I really wanted. I could have given a call back to the first one, but honestly I would have eventually ended up just as miserable there.

Interviews all went great, I thought. Then I had to do one of those stupid "talent assessment" personality tests, which I think are complete bullshit. I tend to bomb those things, so I started to get concerned. I remind you, I desperately needed this job. After that was done I felt like it actually went well. I asked what the next steps would be, and they told me they would contact me when they made a decision. A whole seven days passed, and I hear not one word. I wondered whether I had bombed the personality test after all, just like I always do. I wondered if they had gotten a bad reference from one of my previous jobs where I left on strained terms. I wondered if the background check turned up that very old youthful indiscretion which wasn't even anywhere near as bad as it might look on the background check results. Then I started wondering if I'd worn the wrong color suit, which answers to which questions had made me look weak, whether I had a piece of egg stuck in my teeth that day, and all kinds of other crazy stuff.

After those 7 days, I'm terrified that they've picked someone else, and my finger is desperately on the trigger to hand in my notice at my rapidly deteriorating job. So, finally, I send an email. Here is where the poker face comes into play: When I emailed the HR person to follow up, I included a very important hint for them. "I feel that XXXX company would be a wonder fit, and if I'm still in consideration I'd like to entertain the company's offer before I respond to other job offers I currently have pending."

What job offers?!?! They don't need to know that shit! The one offer was the the low-ballers who wanted to pay me next to nothing to be their 65 hr a week slave. But then again, by this point I had already waited weeks without responding, and they told me they wanted a response within 72 hours (I completely blew them off, I didn't even give them so much as an email to tell them to fuck themselves), so I was certain that they had moved on without me. The second job "offer" was for me to stay at my current position with these trailer park rejects who weren't worth my spit, much less my blood, sweat, and tears. Luxury was not something I had. Not in the slightest. But none of that mattered. Here I am desperate and afraid that they've rejected me, and yet I manage to open the pre-negotiation by upping the ante on the price they should expect to pay me! Within 20 minutes of sending my email I'm getting a phone call informing me that they've had some problems verifying my work history. Long story as to why, but suffice it to say I was able to get it addressed, which then led to an offer.

When the offer came through, it was lower than I expected, even knowing they'd low-ball to open. I asked for it in writing and asked for a cut-off time, then countered a couple days later, throwing out something a little bit higher than I thought they'd be willing to pay me. I just wanted to have a little room for them to re-counter so we could meet in the middle. This was the email response I got from the HR woman: "I'll have to discuss this with my General Manager, and she's out of town for the rest of the week." That was it. It scared me shitless. Aside from the fact that it was so abrupt, it seemed so bizarre. She's the HR person, she's supposed to have the range to work with. Not to mention, my position would have had two levels of management between myself and the GM. Why in the world does the GM have to become involved? Was I really blowing the budgeted/forecasted range that badly?

Well, within 48 hours I received the call that they would accept my counter. Bam! Just like that I was being offered above market. Here I was, desperate and scared shitless that any day I'm going to be unemployed because I'm about to go postal, and yet through sheer will and testicles I negotiated my way into above market pay.

You should never be desperate in the first place. But if you are, just don't admit it to anyone other than yourself.

We need any job offer we can get.

That's probably not true. The job market is swinging very favorably into the hands of workers. Unemployment is low, positions are going longer before they can be filled, fewer people are applying. You don't need any offer. You need the nerve to not get spooked so easily.

Negotiating from a position of power is not about what you have or what you can afford. It's about successfully leveraging what the other person needs, so they'll agree to the terms you want from them.

 

[boedicca]

B'loney. An employee who quits because a lower performer receives a huge increase and he doesn't is making a financial decision.

The same thing goes for customers who don't want to expose themselves to an increase in fees or disruption of service if the provider goes under.

No, that's not a financial reason any more than it's a financial reason when a customer stops eating at Chick-fil-a because the company donated to a GOP candidate.

If an employee leaves their job because they are given an offer for more money, that's a financial reason. If they leave their job because they object to someone else making $X, then that's a political reason. It's also petty and stupid, and is no better than the liberals whining about what other people make.

Sorry, bub. If someone quits because he feels underpaid, that is a financial reason.

If a customer cancels because they fear future price increases, that is a financial reason.

 

[danielpalos]

B'loney. An employee who quits because a lower performer receives a huge increase and he doesn't is making a financial decision.

The same thing goes for customers who don't want to expose themselves to an increase in fees or disruption of service if the provider goes under.

No, that's not a financial reason any more than it's a financial reason when a customer stops eating at Chick-fil-a because the company donated to a GOP candidate.

If an employee leaves their job because they are given an offer for more money, that's a financial reason. If they leave their job because they object to someone else making $X, then that's a political reason. It's also petty and stupid, and is no better than the liberals whining about what other people make.

Neither is complaining about paying income taxes, since the right can always work for less and pay no income tax.

 

[SwimExpert]

Sorry, bub. If someone quits because he feels underpaid, that is a financial reason.

If a customer cancels because they fear future price increases, that is a financial reason.

No. Repeating the same absurd bullshit does not make it magically turn into gold. Especially when your only leg to stand on is feelings that have no corroboration with any objective reality. It doesn't matter of someone "feels" like they are under paid. If they can't find someone else who is willing to pay them more for the work they are doing, then they aren't under paid a single penny. If their "feeling" is based on nothing more than their own jealously about someone else's paycheck, then they are nothing more than a whiny piece of shit liberal.

 

[boedicca]

Sorry, bub. If someone quits because he feels underpaid, that is a financial reason.

If a customer cancels because they fear future price increases, that is a financial reason.

No. Repeating the same absurd bullshit does not make it magically turn into gold. Especially when your only leg to stand on is feelings that have no corroboration with any objective reality. It doesn't matter of someone "feels" like they are under paid. If they can't find someone else who is willing to pay them more for the work they are doing, then they aren't under paid a single penny. If their "feeling" is based on nothing more than their own jealously about someone else's paycheck, then they are nothing more than a whiny piece of shit liberal.

You're wrong, but I'm not going to repeat myself. Peace.

 

[xdangerousxdavex]

No. Repeating the same absurd bullshit does not make it magically turn into gold. Especially when your only leg to stand on is feelings that have no corroboration with any objective reality. It doesn't matter of someone "feels" like they are under paid. If they can't find someone else who is willing to pay them more for the work they are doing, then they aren't under paid a single penny. If their "feeling" is based on nothing more than their own jealously about someone else's paycheck, then they are nothing more than a whiny piece of shit liberal.

Why can't employees be jealous when they hear that their CEO is being paid hundreds if times more? You want them to go find another job? Tables won't be turned, what you defend is only the right of CEO to have sky-high wage, but not those people's rights who work for him.

 

[SwimExpert]

No. Repeating the same absurd bullshit does not make it magically turn into gold. Especially when your only leg to stand on is feelings that have no corroboration with any objective reality. It doesn't matter of someone "feels" like they are under paid. If they can't find someone else who is willing to pay them more for the work they are doing, then they aren't under paid a single penny. If their "feeling" is based on nothing more than their own jealously about someone else's paycheck, then they are nothing more than a whiny piece of shit liberal.

Why can't employees be jealous when they hear that their CEO is being paid hundreds if times more? You want them to go find another job? Tables won't be turned, what you defend is only the right of CEO to have sky-high wage, but not those people's rights who work for him.

There you have it Boed. The people who quit are just whiny little shits singing the liberals' theme song.

 

[xdangerousxdavex]

There you have it Boed. The people who quit are just whiny little shits singing the liberals' theme song.

Damn, some kind of negative energy recirculation. Can you have a fellow feeling for people, not blame them? Employees who were skunked have nothing to do except blaming too.

 

[danielpalos]

Sorry, bub. If someone quits because he feels underpaid, that is a financial reason.

If a customer cancels because they fear future price increases, that is a financial reason.

No. Repeating the same absurd bullshit does not make it magically turn into gold. Especially when your only leg to stand on is feelings that have no corroboration with any objective reality. It doesn't matter of someone "feels" like they are under paid. If they can't find someone else who is willing to pay them more for the work they are doing, then they aren't under paid a single penny. If their "feeling" is based on nothing more than their own jealously about someone else's paycheck, then they are nothing more than a whiny piece of shit liberal.

what if they are not liberal enough to not feel exploited by Capitalism?