MasterSlaveLA
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quote:
ORIGINAL: Hillwilliam quote:
ORIGINAL: MasterSlaveLA A "gap" between what... a Secretary earning $40,000 a year and a CEO earning $400,000 a year?!! Yes, there's a "gap", so fucking what?!! When the Secretary qualifies for, and begins doing, the CEO's job, or the Cashier qualifies for, and begins doing, the President's job, or the Janitor qualifies for, and begins doing, the COO's job, then the "gap" will disappear. Neat how that works, huh?!! 20 years ago, I was a materials scientist making about 40K/year. I was on salary (people do that when you have a mortgage) and sometimes working 80+ hours/week. Our CEO who was busy "Enronning" the company was pulling down 250K+ for a 30 hour week. His decisions made him a coupla million on his stock options and about ruined everyone else, employees and investors alike. Our stock which had topped at about $5/share got so low that it was delisted on NASDAQ. After his conviction for interstate mail fraud (he was absconding with our 401K monies and it wasn't by far his first conviction. I stopped counting at 7 the companies he had done this to) he got probation and everyone left in the company was asked to take a pay cut or leave. In the mean time, he went on his merry way and started doing it again to another company. So tell me. Who should make more? An electron microscopist with double science majors and 3 years grad school who works 60-80 hour weeks and bills clients an average of 50K/month or Mr hereditary who knows how to play the system and bankrupt companies because his daddy is connected? A "CEO" is going to, and should, make more than the "materials scientist" that's working for them. The fact that the organization had a CEO that was "Enroning" your company is a separate issue -- and as I'd stated in my earlier post to you, such a person SHOULD GO TO PRISON!!!
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It's only kinky the first time!!!
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