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10-04-2011, 07:19 PM
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Loyal Opposition
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Join Date: Oct 2009
Location: Johnson County, Kansas
Posts: 14,401
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Quote:
Originally Posted by noonereal
No no no no no no no.
This is simply not the case.
CEO's and the executives of major corps are hired on association. Often time these people are proven faliures but they "run in" the elite circle. (and it is a circle)
The trick is to break into this circle. It can be done two ways, the easy way, born into it and the hard way go to school, make friends with the kids "in the circle."
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So the more abrasive CEOs could be known as circle jerks.
Regards,
D-Ray
__________________
Then I'll get on my knees and pray,
We won't get fooled again; Don't get fooled again
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10-05-2011, 12:09 AM
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Area Man
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Join Date: Oct 2009
Location: The Swamp
Posts: 27,407
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Quote:
Originally Posted by simi
I think a big part of the problem is there are only so many available CEO's to run these huge companies, that they can write their own contract and pay. Granted, a company could hire someone that hasn't beena a huge CEO, but then they are taking big risks. Companies don't like to look like they are taking that kind of risk, nor look like they are hiring someone that isn't up to doing the job. So, in order to get the big name, they have to pay stupid money.
A lot of companies aren't even basing raises for their employees on productivity and ability. A lot are giving a flat raise across the board. Not only can me and you see what's wrong with that, but I believe it causes a company to do even worse. The people that worked the hardest start backing off their productivity once they realize their hard work is getting them no where.
Really makes you wonder how these big CEO's can demand what they do, because it sure seems like their thinking is pretty flawed and they can't even see the simple...
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Yeah, except in my experiences corruption creeps into incentive pay schemes as well. I know this because we have this type of system at work. I am corrupt and manipulative, so I get the best evals, but don't necessarily deserve them. If I'm doing it, others are too. That's real world, everything else is a fairytale.
Dave
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"When the lie is so big and the fog so thick, the Republican trick can play out again....."-------Frank Zappa
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10-05-2011, 02:13 PM
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Abby Normal
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Join Date: May 2009
Posts: 11,245
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Quote:
Originally Posted by d-ray657
So the more abrasive CEOs could be known as circle jerks.
Regards,
D-Ray
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Exactly.
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10-05-2011, 02:51 PM
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Resident octogenarian
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Join Date: May 2009
Location: Maryland
Posts: 20,860
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Or as the Romans would say
Illigitime non carborundum
__________________
Great minds discuss ideas; Average minds discuss events; Small minds discuss people.
Eleanor Roosevelt
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10-05-2011, 07:47 PM
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Banned
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Join Date: Nov 2009
Location: The Open Border
Posts: 5,126
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Quote:
Originally Posted by piece-itpete
Why can't I get that to apply to me? Anyone need a high priced CEO?
Pete
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Make me CFO. I'll get you killer results with my greedy slave labor tatics.
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10-05-2011, 08:14 PM
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Senior Member
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Join Date: May 2009
Posts: 492
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CFO...Cheif Fuck Off?
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10-05-2011, 08:17 PM
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Banned
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Join Date: Nov 2009
Location: The Open Border
Posts: 5,126
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Quote:
Originally Posted by simi
CFO...Cheif Fuck Off?
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Oh...are we getting a little thin skinned Lefty?
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10-05-2011, 08:58 PM
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Senior Member
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Join Date: May 2009
Posts: 492
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No, actually I have a friend that's a bank CFO, and that's what he says it stands for.
Come to think about it.. most CFO's that I've known fit the modified acronym
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10-06-2011, 07:56 AM
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Resident octogenarian
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Join Date: May 2009
Location: Maryland
Posts: 20,860
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I like my wife's approach, everytime she goes to pick up her grossly overpriced BP medication she loudly asks "Whose golden parachute am I paying for today?"
__________________
Great minds discuss ideas; Average minds discuss events; Small minds discuss people.
Eleanor Roosevelt
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10-06-2011, 07:30 PM
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Senior Member
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Join Date: Aug 2010
Location: Metro Detroit
Posts: 13,016
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Why should it matter to you what someone else makes....unless you're envious...
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