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Paid 50 Times The Average Workers Salary (Read 6631 times)
Andrei.Hicks
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Re: Paid 50 Times The Average Workers Salary
Reply #30 - Dec 24th, 2015 at 9:56am
 
John Smith wrote on Dec 24th, 2015 at 9:21am:
... wrote on Dec 24th, 2015 at 9:12am:
John Smith wrote on Dec 24th, 2015 at 8:53am:
mariacostel wrote on Dec 24th, 2015 at 6:24am:
Could it be multiple degrees, hard work, risk, additional study and... ability?



you must be seriously deluded. You think others don't work hard?


I'm sure many deadbeats work hard, they just don't work smart.  If one works very hard upfront and sets themself up, they can avoid breaking their back at the foundry at minimum wage for the rest of their lives.



Not everyone is cut out for the corporate world. That doesn't mean the work they do is any less valuable. Don't forget, most of these CEO's don't actually do the real work, they delegate the work to subordinates and make the choices from options presented to them, then take the credit or blame when things work out or don't.


Corporate world isn't that difficult.
You just need to be able to move quick and ensure the right people see what you do.
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Anyone who lives within their means suffers from a lack of imagination - Oscar Wilde
 
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BigOl64
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Re: Paid 50 Times The Average Workers Salary
Reply #31 - Dec 24th, 2015 at 10:05am
 
John Smith wrote on Dec 24th, 2015 at 9:17am:
BigOl64 wrote on Dec 24th, 2015 at 9:06am:
Employees do their 8 and some put in a decent days work, some do not, some have a bit of responsibility based on their immediate area of control, but that is about it.


This is nothing compared to a company boss, to claim otherwise is ludicrous.

If you had a job any higher than entry level you would know that.


Bosses get paid more because they are responsible for more, a friggen lot more.


So calm you tits, and those of you have jobs, try to do it professionally, you get paid what you are worth.



you're deluded .... seriously.  You think a CEO does 50 times the work of any of his workers?

I'm not saying they shouldn't get more, but the differences are ridiculous.

As for your dumb comment about my job, you haven't a friggen clue so you'd best stop making an ass of yourself as often as you do.



Is english not your first language?


I said they have vastly more responsibility , I did NOT say they did 50 times the work of their employees you fool.


Fkkk, your stupidity is boundless.


Id say by your inability to comprehend basic english you're pretty much unemployable you dolt.



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aquascoot
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Re: Paid 50 Times The Average Workers Salary
Reply #32 - Dec 24th, 2015 at 10:06am
 
Kytro wrote on Dec 24th, 2015 at 9:41am:
aquascoot wrote on Dec 24th, 2015 at 7:04am:
if Adam Goodes gets a million a year, thats probably 50 x what a player in the VFL gets.

no complaints here.

the market is the market is the market.

its the only game in town.

improve improve improve.

find one of these executives, save up and take him out for a 500 dollar meal and ask him how he did it. Wink


The market is also very, very stupid sometimes.




That is not the point kyrto.
the point is that the market is  "reality"

soil, rain, seed ....this is the farmers reality.

would it do any good to curse the soil, curse the rain, curse the seed.

Thats all you've got!!.

Dont curse all you've got.

the miracle has been set up for you.

all you need to do is be active and plant the seed.
imagine if you had to work out how to produce a piece of corn.
that would keep you up late at night.
but you dont.
you just have to plant the seed.

and the market is the same.

you just have to be an active participant .
dont curse it.

this stuff is too easy
getting rich is too easy.
you live in australia.
you  dont have to change countries !!
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mariacostel
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Re: Paid 50 Times The Average Workers Salary
Reply #33 - Dec 24th, 2015 at 10:11am
 
Dnarever wrote on Dec 24th, 2015 at 6:53am:
http://www.ozpolitic.com/album/forum-attachments/Envy-650_002.jpg


Paid 50 Times The Average Workers Salary


Pointing out that this is unjustifiable has nothing to do with envy.


Claiming it is 'unjustified' without evidence is exactly what makes it 'envy'.

Did that not occur to you?
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mariacostel
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Re: Paid 50 Times The Average Workers Salary
Reply #34 - Dec 24th, 2015 at 10:19am
 
John Smith wrote on Dec 24th, 2015 at 8:53am:
mariacostel wrote on Dec 24th, 2015 at 6:24am:
Could it be multiple degrees, hard work, risk, additional study and... ability?



you must be seriously deluded. You think others don't work hard?



Based on what I see here.... no.  But seriously. did you not miss the OTHER qualities?
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Kytro
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Re: Paid 50 Times The Average Workers Salary
Reply #35 - Dec 24th, 2015 at 10:20am
 
aquascoot wrote on Dec 24th, 2015 at 10:06am:
Kytro wrote on Dec 24th, 2015 at 9:41am:
aquascoot wrote on Dec 24th, 2015 at 7:04am:
if Adam Goodes gets a million a year, thats probably 50 x what a player in the VFL gets.

no complaints here.

the market is the market is the market.

its the only game in town.

improve improve improve.

find one of these executives, save up and take him out for a 500 dollar meal and ask him how he did it. Wink


The market is also very, very stupid sometimes.




That is not the point kyrto.
the point is that the market is  "reality"

soil, rain, seed ....this is the farmers reality.

would it do any good to curse the soil, curse the rain, curse the seed.

Thats all you've got!!.

Dont curse all you've got.

the miracle has been set up for you.

all you need to do is be active and plant the seed.
imagine if you had to work out how to produce a piece of corn.
that would keep you up late at night.
but you dont.
you just have to plant the seed.

and the market is the same.

you just have to be an active participant .
dont curse it.

this stuff is too easy
getting rich is too easy.
you live in australia.
you  dont have to change countries !!


I have no desire to be the sort of person I'd need to be to get a job like that, but that doesn't upset me either.

If I were a shareholder, that would be a different matter. Then I would be pissed.
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mariacostel
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Re: Paid 50 Times The Average Workers Salary
Reply #36 - Dec 24th, 2015 at 10:22am
 
Kytro wrote on Dec 24th, 2015 at 10:20am:
aquascoot wrote on Dec 24th, 2015 at 10:06am:
Kytro wrote on Dec 24th, 2015 at 9:41am:
aquascoot wrote on Dec 24th, 2015 at 7:04am:
if Adam Goodes gets a million a year, thats probably 50 x what a player in the VFL gets.

no complaints here.

the market is the market is the market.

its the only game in town.

improve improve improve.

find one of these executives, save up and take him out for a 500 dollar meal and ask him how he did it. Wink


The market is also very, very stupid sometimes.




That is not the point kyrto.
the point is that the market is  "reality"

soil, rain, seed ....this is the farmers reality.

would it do any good to curse the soil, curse the rain, curse the seed.

Thats all you've got!!.

Dont curse all you've got.

the miracle has been set up for you.

all you need to do is be active and plant the seed.
imagine if you had to work out how to produce a piece of corn.
that would keep you up late at night.
but you dont.
you just have to plant the seed.

and the market is the same.

you just have to be an active participant .
dont curse it.

this stuff is too easy
getting rich is too easy.
you live in australia.
you  dont have to change countries !!


I have no desire to be the sort of person I'd need to be to get a job like that, but that doesn't upset me either.

If I were a shareholder, that would be a different matter. Then I would be pissed.


If the company you invested in hired a CEO on $10M a year but brought in an additional $1B in profits would you be pleased or not?

We both know the answer to that.
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Kytro
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Re: Paid 50 Times The Average Workers Salary
Reply #37 - Dec 24th, 2015 at 10:36am
 
mariacostel wrote on Dec 24th, 2015 at 10:22am:
Kytro wrote on Dec 24th, 2015 at 10:20am:
aquascoot wrote on Dec 24th, 2015 at 10:06am:
Kytro wrote on Dec 24th, 2015 at 9:41am:
aquascoot wrote on Dec 24th, 2015 at 7:04am:
if Adam Goodes gets a million a year, thats probably 50 x what a player in the VFL gets.

no complaints here.

the market is the market is the market.

its the only game in town.

improve improve improve.

find one of these executives, save up and take him out for a 500 dollar meal and ask him how he did it. Wink


The market is also very, very stupid sometimes.




That is not the point kyrto.
the point is that the market is  "reality"

soil, rain, seed ....this is the farmers reality.

would it do any good to curse the soil, curse the rain, curse the seed.

Thats all you've got!!.

Dont curse all you've got.

the miracle has been set up for you.

all you need to do is be active and plant the seed.
imagine if you had to work out how to produce a piece of corn.
that would keep you up late at night.
but you dont.
you just have to plant the seed.

and the market is the same.

you just have to be an active participant .
dont curse it.

this stuff is too easy
getting rich is too easy.
you live in australia.
you  dont have to change countries !!


I have no desire to be the sort of person I'd need to be to get a job like that, but that doesn't upset me either.

If I were a shareholder, that would be a different matter. Then I would be pissed.


If the company you invested in hired a CEO on $10M a year but brought in an additional $1B in profits would you be pleased or not?

We both know the answer to that.


Yes, and guess what. That isn't what happens.

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mariacostel
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Re: Paid 50 Times The Average Workers Salary
Reply #38 - Dec 24th, 2015 at 11:03am
 
Kytro wrote on Dec 24th, 2015 at 10:36am:
mariacostel wrote on Dec 24th, 2015 at 10:22am:
Kytro wrote on Dec 24th, 2015 at 10:20am:
aquascoot wrote on Dec 24th, 2015 at 10:06am:
Kytro wrote on Dec 24th, 2015 at 9:41am:
aquascoot wrote on Dec 24th, 2015 at 7:04am:
if Adam Goodes gets a million a year, thats probably 50 x what a player in the VFL gets.

no complaints here.

the market is the market is the market.

its the only game in town.

improve improve improve.

find one of these executives, save up and take him out for a 500 dollar meal and ask him how he did it. Wink


The market is also very, very stupid sometimes.




That is not the point kyrto.
the point is that the market is  "reality"

soil, rain, seed ....this is the farmers reality.

would it do any good to curse the soil, curse the rain, curse the seed.

Thats all you've got!!.

Dont curse all you've got.

the miracle has been set up for you.

all you need to do is be active and plant the seed.
imagine if you had to work out how to produce a piece of corn.
that would keep you up late at night.
but you dont.
you just have to plant the seed.

and the market is the same.

you just have to be an active participant .
dont curse it.

this stuff is too easy
getting rich is too easy.
you live in australia.
you  dont have to change countries !!


I have no desire to be the sort of person I'd need to be to get a job like that, but that doesn't upset me either.

If I were a shareholder, that would be a different matter. Then I would be pissed.


If the company you invested in hired a CEO on $10M a year but brought in an additional $1B in profits would you be pleased or not?

We both know the answer to that.


Yes, and guess what. That isn't what happens.



Not the point. Plus it only talks about the poor performers and not the good ones. it is all about WORTH.
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Dnarever
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Re: Paid 50 Times The Average Workers Salary
Reply #39 - Dec 24th, 2015 at 11:10am
 
mariacostel wrote on Dec 24th, 2015 at 10:11am:
Dnarever wrote on Dec 24th, 2015 at 6:53am:
http://www.ozpolitic.com/album/forum-attachments/Envy-650_002.jpg


Paid 50 Times The Average Workers Salary


Pointing out that this is unjustifiable has nothing to do with envy.


Claiming it is 'unjustified' without evidence is exactly what makes it 'envy'.

Did that not occur to you?


The article included the indication of substandard results on performance resulting in significant wage increases.

I would think that to label huge wage increases as a result of poor performance and poor results as unjustified would be fair enough.
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Kiron22
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Re: Paid 50 Times The Average Workers Salary
Reply #40 - Dec 24th, 2015 at 11:11am
 
Andrei.Hicks wrote on Dec 24th, 2015 at 9:56am:
John Smith wrote on Dec 24th, 2015 at 9:21am:
... wrote on Dec 24th, 2015 at 9:12am:
John Smith wrote on Dec 24th, 2015 at 8:53am:
mariacostel wrote on Dec 24th, 2015 at 6:24am:
Could it be multiple degrees, hard work, risk, additional study and... ability?



you must be seriously deluded. You think others don't work hard?


I'm sure many deadbeats work hard, they just don't work smart.  If one works very hard upfront and sets themself up, they can avoid breaking their back at the foundry at minimum wage for the rest of their lives.



Not everyone is cut out for the corporate world. That doesn't mean the work they do is any less valuable. Don't forget, most of these CEO's don't actually do the real work, they delegate the work to subordinates and make the choices from options presented to them, then take the credit or blame when things work out or don't.


Corporate world isn't that difficult.
You just need to be able to move quick and ensure the right people see what you do.


Pretty much, one of my best friends in 2-3 years moved very quickly up the corporate ladder from starting at the bottom not because of his ability (he even admits this), but because he made friends with the right people and went to the right coke and hooker parties (srsly these things actually exist outside movies).

Nomenklatura is very alive outside of Stalinist countries and it exists largely within corporate structures.

It's why I argue that Cooperative form of corporate structure is likely to be much more viable because those at the top actually have to preform based on skill and the information flow through the company structure is much more flat which allows better decisions to be made.

How many companies have you all be a part of where the management and top just don't have a smacking clue and ignore the workers experiences? This simply is not an issue in Cooperatives.

Right wingers should support Cooperatives as well if they actually believe in decentralization, individualism and democracy. Why should corporate structures be basically little bureaucratic fiefdoms?
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Maqqa
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Re: Paid 50 Times The Average Workers Salary
Reply #41 - Dec 24th, 2015 at 11:59am
 
Dnarever wrote on Dec 24th, 2015 at 11:10am:
mariacostel wrote on Dec 24th, 2015 at 10:11am:
Dnarever wrote on Dec 24th, 2015 at 6:53am:
http://www.ozpolitic.com/album/forum-attachments/Envy-650_002.jpg


Paid 50 Times The Average Workers Salary


Pointing out that this is unjustifiable has nothing to do with envy.


Claiming it is 'unjustified' without evidence is exactly what makes it 'envy'.

Did that not occur to you?


The article included the indication of substandard results on performance resulting in significant wage increases.

I would think that to label huge wage increases as a result of poor performance and poor results as unjustified would be fair enough.


Do you even know what koi's they were given?
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Bill 14% is not the alcohol content of that wine. It's your poll number
 
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Dnarever
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Re: Paid 50 Times The Average Workers Salary
Reply #42 - Dec 24th, 2015 at 12:41pm
 
Maqqa wrote on Dec 24th, 2015 at 11:59am:
Dnarever wrote on Dec 24th, 2015 at 11:10am:
mariacostel wrote on Dec 24th, 2015 at 10:11am:
Dnarever wrote on Dec 24th, 2015 at 6:53am:
http://www.ozpolitic.com/album/forum-attachments/Envy-650_002.jpg


Paid 50 Times The Average Workers Salary


Pointing out that this is unjustifiable has nothing to do with envy.


Claiming it is 'unjustified' without evidence is exactly what makes it 'envy'.

Did that not occur to you?


The article included the indication of substandard results on performance resulting in significant wage increases.

I would think that to label huge wage increases as a result of poor performance and poor results as unjustified would be fair enough.


Do you even know what koi's they were given?


Do you mean KPI's or are we talking Asian food or possibly about fish ?

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Dnarever
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Re: Paid 50 Times The Average Workers Salary
Reply #43 - Dec 24th, 2015 at 12:44pm
 
Maqqa wrote on Dec 24th, 2015 at 11:59am:
Dnarever wrote on Dec 24th, 2015 at 11:10am:
mariacostel wrote on Dec 24th, 2015 at 10:11am:
Dnarever wrote on Dec 24th, 2015 at 6:53am:
http://www.ozpolitic.com/album/forum-attachments/Envy-650_002.jpg


Paid 50 Times The Average Workers Salary


Pointing out that this is unjustifiable has nothing to do with envy.


Claiming it is 'unjustified' without evidence is exactly what makes it 'envy'.

Did that not occur to you?


The article included the indication of substandard results on performance resulting in significant wage increases.

I would think that to label huge wage increases as a result of poor performance and poor results as unjustified would be fair enough.


Do you even know what koi's they were given?


I would guess they did not set out to produce almost no return for the year.
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Kytro
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Re: Paid 50 Times The Average Workers Salary
Reply #44 - Dec 24th, 2015 at 3:10pm
 
mariacostel wrote on Dec 24th, 2015 at 11:03am:
Kytro wrote on Dec 24th, 2015 at 10:36am:
mariacostel wrote on Dec 24th, 2015 at 10:22am:
Kytro wrote on Dec 24th, 2015 at 10:20am:
aquascoot wrote on Dec 24th, 2015 at 10:06am:
Kytro wrote on Dec 24th, 2015 at 9:41am:
aquascoot wrote on Dec 24th, 2015 at 7:04am:
if Adam Goodes gets a million a year, thats probably 50 x what a player in the VFL gets.

no complaints here.

the market is the market is the market.

its the only game in town.

improve improve improve.

find one of these executives, save up and take him out for a 500 dollar meal and ask him how he did it. Wink


The market is also very, very stupid sometimes.




That is not the point kyrto.
the point is that the market is  "reality"

soil, rain, seed ....this is the farmers reality.

would it do any good to curse the soil, curse the rain, curse the seed.

Thats all you've got!!.

Dont curse all you've got.

the miracle has been set up for you.

all you need to do is be active and plant the seed.
imagine if you had to work out how to produce a piece of corn.
that would keep you up late at night.
but you dont.
you just have to plant the seed.

and the market is the same.

you just have to be an active participant .
dont curse it.

this stuff is too easy
getting rich is too easy.
you live in australia.
you  dont have to change countries !!


I have no desire to be the sort of person I'd need to be to get a job like that, but that doesn't upset me either.

If I were a shareholder, that would be a different matter. Then I would be pissed.


If the company you invested in hired a CEO on $10M a year but brought in an additional $1B in profits would you be pleased or not?

We both know the answer to that.


Yes, and guess what. That isn't what happens.



Not the point. Plus it only talks about the poor performers and not the good ones. it is all about WORTH.


That's exactly the point though. Paying more does not provide better results. So as a shareholder I would be annoyed with money being wasted on underperformers on the premise that they are worth that much.

There is too much cronyism in corporate culture, where boards have members and CEO based on connection, not proven ability. How do CEOs continue to get jobs when they preside over the decline of organisations greater than the industry norm at the time.

People think corporations act rationally, but they don't
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