Australian Politics Forum - Paid 50 Times The Average Workers Salary

Andrei.Hicks Gold Member Offline Australian Politics Posts: 23818 Carlsbad, CA Gender:	Re: Paid 50 Times The Average Workers Salary Reply #75 - Dec 27^th, 2015 at 8:28pm It's envy. There is this always this "its not fair" undercurrent on discussion of higher income salaries.
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Setanta

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Re: Paid 50 Times The Average Workers Salary
Reply #76 - Dec 27^th, 2015 at 9:04pm

Andrei.Hicks wrote on Dec 27^th, 2015 at 8:28pm:

It's envy.
There is this always this "its not fair" undercurrent on discussion of higher income salaries.

Saying it's not fair is not envy. That's why games have umpires. I have no need or wish to earn millions but when you see people without that work their arse off, it's not fair is a valid position.

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Swagman

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Re: Paid 50 Times The Average Workers Salary
Reply #77 - Dec 27^th, 2015 at 9:44pm

Setanta wrote on Dec 27^th, 2015 at 9:04pm:

Andrei.Hicks wrote on Dec 27^th, 2015 at 8:28pm:

It's envy.
There is this always this "its not fair" undercurrent on discussion of higher income salaries.

Saying it's not fair is not envy. That's why games have umpires. I have no need or wish to earn millions but when you see people without that work their arse off, it's not fair is a valid position.

Why is it a valid position?

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Setanta

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Re: Paid 50 Times The Average Workers Salary
Reply #78 - Dec 27^th, 2015 at 9:56pm

Swagman wrote on Dec 27^th, 2015 at 9:44pm:

Setanta wrote on Dec 27^th, 2015 at 9:04pm:

Andrei.Hicks wrote on Dec 27^th, 2015 at 8:28pm:

It's envy.
There is this always this "its not fair" undercurrent on discussion of higher income salaries.

Saying it's not fair is not envy. That's why games have umpires. I have no need or wish to earn millions but when you see people without that work their arse off, it's not fair is a valid position.

Why is it a valid position?

Because it's not fair! Grin

Why is not a valid position? People earning 10 mil that are no more special than those earning 25k. Why is not ok to give an opposing player a Hopoate? Surely winning is what matters.

As I said a few pages back:
Setanta wrote on Dec 24^th, 2015 at 5:20pm:

aquascoot wrote on Dec 24^th, 2015 at 6:43am:

can a man be worth 50 x what another man is worth....??

Of Course , if he is 50 x more valuable.

the wage scale is a ladder
its not a bed...go have a lie down

There would be very few people in this world that could not be easily replaced, right up to the top. In fact they are all the time. People retire and die, this proves the previous.

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Andrei.Hicks Gold Member Offline Australian Politics Posts: 23818 Carlsbad, CA Gender:	Re: Paid 50 Times The Average Workers Salary Reply #79 - Dec 27^th, 2015 at 10:16pm People earn $25k for a reason. Why do I (not wanting to pick out anyone else) for example earn over 10x that? Luck? Work harder? No. Neither. It market demand. The $25k people have a lower skill set to offer. Whose fault is that? Often the guy in the mirror.
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John Smith

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Re: Paid 50 Times The Average Workers Salary
Reply #80 - Dec 27^th, 2015 at 10:21pm

Andrei.Hicks wrote on Dec 27^th, 2015 at 8:28pm:

It's envy.
There is this always this "its not fair" undercurrent on discussion of higher income salaries.

You keep telling yourself that.

What's not fair is these same people have no trouble giving themselves multi million dollar pay rises, but cry poor every time someone on 30k a year asks for an extra $500 Cheesy

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Our esteemed leader:
I hope that bitch who was running their brothels for them gets raped with a cactus.

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Sir lastnail

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Re: Paid 50 Times The Average Workers Salary
Reply #81 - Dec 27^th, 2015 at 10:23pm

Andrei.Hicks wrote on Dec 27^th, 2015 at 7:58pm:

Never understood the whole income envy thing.
Why worry about what others earn?

In my payroll cost centres I've had guys on $400,000 base with another $300,000 earned in bonuses.

Do I sit there and get envious over it?

You just need to get on with what you have and spend on your lifestyle on your earnings.

Life really ain't that bad folks.

Nothing to do with envy.

The problem is that a lot of these overpaid MBA dickheads and wordsmiths are destroying and trashing companies whilst being rewarded for it. I've seen this time and time again where they put a f.ckwitt in charge of a hitech company who knows f.ckall about the underlying products and industry. It would never be allowed in Germany except for VW Cheesy

LOL

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« Last Edit: Dec 27^th, 2015 at 10:30pm by Sir lastnail »

In August 2021, Newcastle Coroner Karen Dilks recorded that Lisa Shaw had died “due to complications of an AstraZeneca COVID vaccination”.

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John Smith Gold Member Offline Australian Politics Posts: 75295 Gender:	Re: Paid 50 Times The Average Workers Salary Reply #82 - Dec 27^th, 2015 at 10:23pm Andrei.Hicks wrote on Dec 27^th, 2015 at 10:16pm: Why do I (not wanting to pick out anyone else) for example earn over 10x that? you had the right connections when you started which enabled you to make more connections until you got to where you are now.
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Setanta

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Re: Paid 50 Times The Average Workers Salary
Reply #83 - Dec 27^th, 2015 at 10:35pm

Andrei.Hicks wrote on Dec 27^th, 2015 at 10:16pm:

People earn $25k for a reason.
Why do I (not wanting to pick out anyone else) for example earn over 10x that?

Luck? Work harder?

No. Neither. It market demand. The $25k people have a lower skill set to offer. Whose fault is that?
Often the guy in the mirror.

Perhaps Andrei in many cases but some do not seek mamon to fulfil themselves. Enough is enough. This does not impute laziness or lack of ability. That some people's abilities earn them 10mil does not mean they are really worth it. You know how the game is played, cross boarding, look after your mates. There should be a reasonable limit to what they earn, every one of them can be easily replaced and things would be fine. They are not overly special and there are many able to take their place.

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Andrei.Hicks

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Re: Paid 50 Times The Average Workers Salary
Reply #84 - Dec 27^th, 2015 at 11:48pm

John Smith wrote on Dec 27^th, 2015 at 10:21pm:

Andrei.Hicks wrote on Dec 27^th, 2015 at 8:28pm:

It's envy.
There is this always this "its not fair" undercurrent on discussion of higher income salaries.

You keep telling yourself that.

What's not fair is these same people have no trouble giving themselves multi million dollar pay rises, but cry poor every time someone on 30k a year asks for an extra $500 Cheesy

Nobody gives themselves a pay rise.
CEO pay is reviewed and adjusted by a remuneration committee chaired by an independent non exec director and upon which none of the executive directors paid by the corporation are permitted to sit.
In fact they are not even permitted to see the remuneration committee notes.

The decision is then put to the CEOs employers, the company shareholders.

Some of you would do well to brush up on your corporate regulatory ethics standards before bandying around the type of propaganda sold to the everyday non informed populace.

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Anyone who lives within their means suffers from a lack of imagination - Oscar Wilde

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Setanta

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Re: Paid 50 Times The Average Workers Salary
Reply #85 - Dec 28^th, 2015 at 12:03am

Andrei.Hicks wrote on Dec 27^th, 2015 at 11:48pm:

John Smith wrote on Dec 27^th, 2015 at 10:21pm:

Andrei.Hicks wrote on Dec 27^th, 2015 at 8:28pm:

It's envy.
There is this always this "its not fair" undercurrent on discussion of higher income salaries.

You keep telling yourself that.

What's not fair is these same people have no trouble giving themselves multi million dollar pay rises, but cry poor every time someone on 30k a year asks for an extra $500 Cheesy

Nobody gives themselves a pay rise.
CEO pay is reviewed and adjusted by a remuneration committee chaired by an independent non exec director and upon which none of the executive directors paid by the corporation are permitted to sit.
In fact they are not even permitted to see the remuneration committee notes.

The decision is then put to the CEOs employers, the company shareholders.

Some of you would do well to brush up on your corporate regulatory ethics standards before bandying around the type of propaganda sold to the everyday non informed populace.

Well by your own admission, "someone" gives them a pay rise. Company boards are incestuous.

https://en.wikipedia.org/wiki/Interlocking_directorate
http://www.blouinartinfo.com/news/story/799534/investors-slam-sothebys-corporate-board-for-incestuous-governance-calling-for-a-shake-up

Quote:

According to some observers (John Asimakopoulos), interlocks allow for cohesion, coordinated action, and unified political-economic power of corporate executives.[3] They allow corporations to increase their influence by exerting power as a group, and to work together towards common goals.[4] They help corporate executives maintain an advantage, and gain more power over workers and consumers, by reducing intra-class competition and increasing cooperation.[2][5] In the words of Scott R. Bowman, interlocks "facilitate a community of interest among the elite of the corporate world that supplants the competitive and socially divisive ethos of an earlier stage of capitalism with an ethic of cooperation and a sense of shared values and goals."[6]

Edit: "facilitate a community of interest among the elite of the corporate world that supplants the competitive and socially divisive ethos of an earlier stage of capitalism with an ethic of cooperation and a sense of shared values and goals". Interesting.

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« Last Edit: Dec 28^th, 2015 at 12:14am by Setanta »

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ian

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Re: Paid 50 Times The Average Workers Salary
Reply #86 - Dec 28^th, 2015 at 12:13am

Andrei.Hicks wrote on Dec 27^th, 2015 at 11:48pm:

John Smith wrote on Dec 27^th, 2015 at 10:21pm:

Andrei.Hicks wrote on Dec 27^th, 2015 at 8:28pm:

It's envy.
There is this always this "its not fair" undercurrent on discussion of higher income salaries.

You keep telling yourself that.

What's not fair is these same people have no trouble giving themselves multi million dollar pay rises, but cry poor every time someone on 30k a year asks for an extra $500 Cheesy

Nobody gives themselves a pay rise.
.

ha ha! You nearly got me there you manipulative little bugger.

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Sir lastnail

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Re: Paid 50 Times The Average Workers Salary
Reply #87 - Dec 28^th, 2015 at 10:15am

Andrei.Hicks wrote on Dec 27^th, 2015 at 11:48pm:

John Smith wrote on Dec 27^th, 2015 at 10:21pm:

Andrei.Hicks wrote on Dec 27^th, 2015 at 8:28pm:

It's envy.
There is this always this "its not fair" undercurrent on discussion of higher income salaries.

You keep telling yourself that.

What's not fair is these same people have no trouble giving themselves multi million dollar pay rises, but cry poor every time someone on 30k a year asks for an extra $500 Cheesy

Nobody gives themselves a pay rise.
CEO pay is reviewed and adjusted by a remuneration committee chaired by an independent non exec director and upon which none of the executive directors paid by the corporation are permitted to sit.
In fact they are not even permitted to see the remuneration committee notes.

The decision is then put to the CEOs employers, the company shareholders.

Some of you would do well to brush up on your corporate regulatory ethics standards before bandying around the type of propaganda sold to the everyday non informed populace.

And how long was the voting by shareholders on executive pay ignored ? The crook at the top would just give himself a payrise regardless of advice from shareholders Sad

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In August 2021, Newcastle Coroner Karen Dilks recorded that Lisa Shaw had died “due to complications of an AstraZeneca COVID vaccination”.

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Andrei.Hicks Gold Member Offline Australian Politics Posts: 23818 Carlsbad, CA Gender:	Re: Paid 50 Times The Average Workers Salary Reply #88 - Dec 28^th, 2015 at 10:22am As I said the CEO salary is decided by a Remuneration Committee upon which the CEO cannot sit and is chaired by the Independent Non-Exec Director. So no them "deciding their own pay" is totally bollocks.
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Sir Crook Ex Member	Re: Paid 50 Times The Average Workers Salary Reply #89 - Dec 28^th, 2015 at 10:43am These CEO guys with their out of this world money. They should have no right to complain about low income workers penalty rates. Not now or later.
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