Ray From Cleveland
Diamond Member
- Aug 16, 2015
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False equivalency. Actors and athletes are not the same as CEOs of publicly traded companies. I say That because actors and athletes don’t lay people off.
The complaint is not about how they conduct their business, the complaint is the income they make. If you don't have enough work for the employees you have, what are you supposed to do, pay them sit around the coffee pot?
No. Of course not. But if you have massive layoffs and still pay yourself a $50mil bonus it doesn’t sit well with me. Don’t get me wrong. I am a capitalist and from that POV I agree with you. But for a small part of me it’s tough to swallow seeing a 20+ yr employee get pushed aside while the C Level team pays itself massive bonuses.
How many CEO's do you think get a 50 million a year bonus? The average bonus (usually for companies that are performing well) is about 13 million a year.
CEO compensation surged in 2017
So based on your complaint, you believe that if a CEO has to layoff people, they should make less of a bonus, and then you'd be fine with that?