Quote:
Originally Posted by Cynthetiq
You can want it to be equal. But it will never be equal. Even at Whole Foods where the CEO is paid X times the lowest employee. It's very challenging.
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Who said anything about it being equal? It's about managing the extremes. If the CEO has to make $15m a year instead of $17m so that the lower escelons of the company can move closer to a living wage and as such the company can avoid labor disputes, it would be time for some decision making that includes weighing the value of the CEO with the value of the work force. This is business 101.
Quote:
Originally Posted by Cynthetiq
A wise executive said to me once, "As the manager of people, you are responsible for the quality of the food that is on your employees table."
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That's exactly what I'm saying. Don't starve the employees so that you can get that hotshot CEO by giving him more food that he can possibly eat.
I was a good manager because I was able to prevent the ignorant people around me from abusing the underlings. Abused underlings, to quote Office Space, work just hard enough not to get fired.
-----Added 28/7/2008 at 11 : 16 : 55-----
Quote:
Originally Posted by loquitur
Will, I don't think there is any CEO out there who cuts little people's salaries for the purpose of freeing up money so he can buy a second yacht. That's a cartoon, that's not reality.
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It was hyperbole, but it's intended to demonstrate a real concern. When I did landscaping as a teenager, I made $6 an hour. I was a foreman (1 of 4 in the small company), I spoke fluent English, I knew the trade backwards and forwards and was a demonstrated leader. My boss, the owner, made $270k+ a year. Do you think that made me want to work harder, or do you think it's why I started talking about forming a union?