The numbers dont lie, and they spell disaster for you.
The numbers dont lie, and they spell disaster for you.
You got me wondering if people on Etsy had made anything good. Yes, they have.
Well if we paid you more we wouldn't have record profits now would we? And I simply can't afford that.
That's very simple. Public companies have investors the directors respond to. If the company won't brag about profits, it will lose investments, reducing its competitiveness and starting a death spiral. If it will pay bigger salaries, it will lose money and won't be able to brag about profits.
Our current economy is double crazy in that companies don't just have to make stable profits to stay afloat, but to ever increase those profits at the expense of everything - including workers.
The entire system is insane.
Paying higher salaries COULD lead to better profits but that's risk and business don't take risks like that.
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Does losing investors actually mean anything? They wouldn't be there to begin with if the company didn't already make money, and it's only specific types of investors that literally don't help a company at all that care about the company growing forever. A real investor just wants their money back plus however much they negotiated for over time.
You can't spell Scott Steiner without the letters C E O
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Stolen profits. Who earns that money? The workers do…
Need another button with ceo getting bonuses for it.
Companies should start us at low-ish pay and quickly ramp it up, all while weeding out the sorry employees. If you kick ass and take names, you get paid, otherwise go find something you're better at.
Watching my new boss for the first time got me thinking. The man easily does the work of two people, while tonight I expect to be standing around shooting the shit with a couple of guys who do the bare minimum.
tl;dr: Employers should compete for the best employees, thereby making everyone more money.
As someone that's not good at anything, that sounds exhausting and nightmarish. You'd probably have the companies colluding to keep pay low rather than competing for talent.
Just an example: in its final years, Radio Shack fired most of its more experienced (higher paid) employees and kept/hired younger employees for less pay.
You've found yourself falling out of a window via the friend of a friend of a friend of a shareholder.
It was inevitable. RIP
No, companies should cut ties with stock markets (because they literally don't help the company) and foster a relaxed, human culture. Even if we remain under the yoke of capitalism that type of investment hurts companies and society in the long run and developing a culture that doesn't make the world worse helps even the uber wealthy.