RE: CEOs work harder every hour than their wage slaves do every season.
January 26, 2014 at 9:10 pm
CEO's obviously did something to get in the position they are in, and granted they should be paid more than their employees, but the gap of that pay is absolutely fucking bananas, and absolutely ridiculous.
recently in the news
Though the article is clearly opinionated at the digs it takes, it's hard not to agree with the overall tone of the message. Not all CEO's are bad, but all in meanwhile certain business's touted as to big to fail, and covering up scandals and reaping in a huge pay day is laughable. Does he deserve a raise, although this ceo should be facing charges imo, business wise he does deserve a raise, but not to that extent. The norm of upping CEO's pay to extraordinary amounts while the people below get nothing is repulsive at best. The problem isn't that CEO's are getting paid, the problem is the employee's are not getting paid. Employees are the ones who need to sacrifice, and then sacrifice even more.
recently in the news
Quote:JPMorgan Chase handed chairman and CEO Jamie Dimon a scandalous 74% raise — even though the investment bank was forced to shell out some $20 billion in legal settlements for a flurry of fiascoes in 2013.
Quote:But while their 57-year-old boss got his big payday, many employees at JPMorgan didn’t get raises because of falling profits, according to reports.link
JPMorgan Chase’s profits dropped by 16% to $17.9 billion in 2013, pulled down by hefty legal bills to settle claims stemming from the mortgage crisis, Bernie Madoff’s Ponzi scheme and other legal messes.
Though the article is clearly opinionated at the digs it takes, it's hard not to agree with the overall tone of the message. Not all CEO's are bad, but all in meanwhile certain business's touted as to big to fail, and covering up scandals and reaping in a huge pay day is laughable. Does he deserve a raise, although this ceo should be facing charges imo, business wise he does deserve a raise, but not to that extent. The norm of upping CEO's pay to extraordinary amounts while the people below get nothing is repulsive at best. The problem isn't that CEO's are getting paid, the problem is the employee's are not getting paid. Employees are the ones who need to sacrifice, and then sacrifice even more.
