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TOPIC: Lifecycle of a Democracy
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They also need to deal with STRIKES do you have any idea how costly that is? Schnucks people went on strike a few years back by agreeing with the new contract Schucks super markets save Millions of dollars. 25 years ago Kroger left St. Louis because of the AFL CIO went on strike and Kroger closed their doors. 37 stores.
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Saint Louis MO |
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(12119 post)
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Saint Louis MO |
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"It's ok for high ranking executives to dip into profits after they've already been paid their salary. "
If you are talking about embezzlement, no it is not ok. If you are talking company perks then it is not only legal but perfectly fine. Unless a executive owns the till, dipping fingers in the till is illegal. What the shareholders and board vote for is how to attract the performers in business. Otherwise they would not get those perks. |
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Sanford NC |
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Danville PA |
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(1844 post)
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Smart companies farily compensate of good employees who are an assett. (no company likes turn over) If your not being compensate either your not working for a smart company or your not an assett.
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New Orleans LA |
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But I do expect them to take care of the people who helped make them rich(er) instead of hogging all of the gold for themselves.
No employee ever made a company rich. The Company made the decission to hire an employee. What happens to the employee that sell their product for zero profit? |
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Saint Louis MO |
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(12119 post)
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"So why is it ok for executives to get big bonuses and pay raises but a cashier has to live on the same wage for 3 years? "
Because it is their company, their property, if the wage is not enough then she should find another job. Or invest so she is a stockholder and can vote. It is their money, they take the risks, so do the stockholders. Their are better paying jobs than a cashier. |
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Sanford NC |
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(18796 post)
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Danville PA |
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"The problem I have though is when the CEO and board of directors/whatever keep ALL of those profits to themselves in the form of added bonuses and "corporate retreats".
That would be up to the shareholders, and most of us are. The problem is that most shareholders don't give a crap as long as our investment increases. This includes all those union pension funds. |
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Pittsburgh PA |
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(14616 post)
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Hazle Township PA |
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(4835 post)
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121 to 130 of 165
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TOPIC: Lifecycle of a Democracy
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