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Old May 03, 2012, 12:53 PM
Norman Adlam is online now
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Rant

But, we are worth it...


So, 54% of the owners of the company say that executive remuneration is unacceptable.... but the vote against it isn't 'binding'.

http://uk.news.yahoo.com/aviva-hit-m...133641636.html

Aaaahh... if when I was at work I could have just decided that I was worth whatever I wanted, irrelevant to the views of those that I worked for..
Old May 03, 2012, 01:35 PM
logan5 is offline
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hmmm... I wonder what was in the employment contract ...
Old May 03, 2012, 02:13 PM
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The deal is 'you make a deal' - once you've made a deal it's binding.

The deals I make are the best I can strike up, for me - nobody else!
Old May 03, 2012, 02:16 PM
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Quote:
Originally Posted by Norman Adlam View Post
So, 54% of the owners of the company say that executive remuneration is unacceptable.... but the vote against it isn't 'binding'.

http://uk.news.yahoo.com/aviva-hit-m...133641636.html

Aaaahh... if when I was at work I could have just decided that I was worth whatever I wanted, irrelevant to the views of those that I worked for..
That vote may not be binding, but the next one to replace them all is...
Old May 03, 2012, 04:05 PM
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Out of Time
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Last edited by Highflight; Jul 21, 2012 at 12:13 AM.
Old May 03, 2012, 05:04 PM
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Quote:
Originally Posted by Highflight View Post
I'm glad you included the workers in your comment.
When you find a worker, anywhere, who doesn't think they're paid enough, you let me know.

Stories like the OP do nothing more than expose the total ignorance of people as to how businesses are set up and run, and how it's determined what any given job is worth, including executive pay.

Shareholders have an option, you know; sell your shares.
My daughter thought she needed to make more than minimium wage for pretty much babysitting and feeding a CNC foam cutter. I said for that for what you want you need to be able to do it without the CNC... $20 an hour to click a mouse 3 times wait 15 minutes, replace wing with foam blank and repeat... this job could be done while watching TV. (I would know)

$7 per hour for a 10 year old is good money... I gave her the chance because I was swamped.
Old May 03, 2012, 05:36 PM
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Quote:
Originally Posted by Highflight View Post
I'm glad you included the workers in your comment.
When you find a worker, anywhere, who doesn't think they're paid enough, you let me know.
Me, I'm paid enough. Otherwise I would move to another company. No recession in the oil industry.
Quote:
Originally Posted by Highflight View Post

Stories like the OP do nothing more than expose the total ignorance of people as to how businesses are set up and run, and how it's determined what any given job is worth, including executive pay.
It appears to me that the OP is showing a rigged system which the shareholders disagree with.
Quote:
Originally Posted by Highflight View Post

Shareholders have an option, you know; sell your shares.
And they also have the option to kick up a fuss and vote however they want.
Old May 03, 2012, 05:48 PM
Norman Adlam is online now
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Quote:
Originally Posted by Highflight View Post
I'm glad you included the workers in your comment.
When you find a worker, anywhere, who doesn't think they're paid enough, you let me know.

Stories like the OP do nothing more than expose the total ignorance of people as to how businesses are set up and run, and how it's determined what any given job is worth, including executive pay.

Shareholders have an option, you know; sell your shares.
I'm letting you know, HF!

I always thought I was overpaid - as I thought others were, as well!

(See, not everyone thinks the way you may expect.. )

P.S. And shareholders own the darned company!
Last edited by Norman Adlam; May 03, 2012 at 06:24 PM.
Old May 04, 2012, 08:44 AM
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I'm definitely not paid what I'm worth

I'm definitely paid more than those I contract to me would like to pay for my services

Seems I've pegged the market about where it is then!
Old May 04, 2012, 09:42 AM
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Really?
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Quote:
Originally Posted by Highflight View Post
I'm glad you included the workers in your comment.
When you find a worker, anywhere, who doesn't think they're paid enough, you let me know.

Stories like the OP do nothing more than expose the total ignorance of people as to how businesses are set up and run, and how it's determined what any given job is worth, including executive pay.

Shareholders have an option, you know; sell your shares.
I recall a study that stated greater exec salaries (for large companies) frequently came along with poorer company performance. Not always of course...there are CEO's like Jobs and Gates who definitely earned it.
Old May 04, 2012, 09:54 AM
Norman Adlam is online now
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Originally Posted by dll932 View Post
I recall a study that stated greater exec salaries (for large companies) frequently came along with poorer company performance. Not always of course...there are CEO's like Jobs and Gates who definitely earned it.
Do you mean these executive "workers", who HF has agreed never "thinks they being paid enough" - whatever their performance!

(And who also, despite being told by the people who employ them, also think that only they know their own worth! )


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