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Lol Belly, I'll tell you who put the price on farmers
work, overseas markets do. Do you think they pay double time
and a half for weekend work etc? If unionists were exposed
to the market forces that farmers are exposed to, they would
survive for about 5 minutes.
I don't think you'll ever get your mind around the CEO pay
issue, I used to think differently but it does in fact make
perfect sense. Corporate CEOs are in fact employees. As you'll
notice on OLO by posters comments, a large number of posters
think that coporations only exist for the benefit of workers
and customers, never mind the people who risk their hard earned
savings to provide the capital.
Finding a few people who have a vision for the future, can
grow the business and who actually care about shareholders too,
and not just feather their own nests, is difficult indeed.
Boards often get it wrong. Billions of shareholders money
depend on that handful of people. So it makes perfect
sense to find just who you want, reward them like entrepreneurs,
and align their interests with shareholder interests.
What they pay Joyce doesent matter on the bottom line. Even if
he worked for free, it would work to less then 20$ a week per
employee. What he decides, how he implements it, is critical.
Somebody has to actually think of shareholders and that is how
shareholders do it.
Is he the right man for the job? I really don't know, I've never
met the guy, so I could not pass an informed opinion.
Your union girl made it quite clear what was taught at union
school, Belly. She was clearly higher up in the hierarchy then
yourself, so perhaps knows more about it then you do.