Quote:
Originally Posted by Blackbird45
Are you telling me that the compensation the CEOs are justified?
One of the biggest arguments the union members are putting forward was when the companies were in trouble the union step in, and their members took a hit and were never made whole. At the same time the CEOs incomes went off the charts. If you reduce the CEOs packages it would remove one of the unions grips.
Let's quickly look at the difference of a laborer and a CEO. A laborer screws up they are kicked out of a job. A CEO screws up and they are escorted off the floor with a muti-million-dollar parachute.
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When did I write that? Only a small % of CEO's are worth their compensation. Real visionaries like Elon Musk, Jensen Huang of Nvidia and Howard Schultz of Starbucks during the growth years.