The Disparity of CEO's and Workers salaries

[Queenmandy85]

The left's hair is catching fire on the news a top CEO in Canada is making almost $15 million. True, they make the annual income of a worker in about 8 and a half hours. 

It is funny. There is a guy who's job is to hit a ball with a stick who makes almost twice what that CEO makes. George Springer, a Toronto Blue Jay  will earn $24.5 million this year to play a game. He doesn't produce anything. He gets paid to entertain people. Don't get me wrong. I love the Blue Jays. I just think there need to be some perspective. When you think of how much we are willing to spend on entertainment, ie. people who play games or stand up and sing a song or pretend to be a character in a movie, it reveals we have different priorities from past generations.

[Aristides]

Things are worth what the market will bear. If the money doesn't go into the athletes pocket, it will go into the team owners. Either way, the average Joe doesn't benefit. 

[TreeBeard]

48 minutes ago, Queenmandy85 said:

The left's hair is catching fire

The right’s heads exploded when minimum wage goes up by a few cents.  
 

49 minutes ago, Queenmandy85 said:

There is a guy whose job is to hit a ball with a stick who makes almost twice what that CEO makes.

So you’re in favour of the workers making more than CEOs?  That’s what is happening in the scenario you describe.

I would be happy with workers making 5% of what CEOs make.  

[CdnFox]

11 minutes ago, TreeBeard said:

The right’s heads exploded when minimum wage goes up by a few cents.  
 

Ahhhh deflection and whataboutism   ALways a go to for the lefties  

 

Quote

I would be happy with workers making 5% of what CEOs make.  

Well go do that job then.

OH you can't - turns out you're not qualified. Not many are.  Sooooo - that's why you don't earn it.

IF you're going to be average - expect an average pay.

[eyeball]

19 minutes ago, TreeBeard said:

I would be happy with workers making 5% of what CEOs make

I'd be happier but I'd still be taxing the snot out of the CEOs.

[herbie]

It's the natural order of things.
If you don't agree you're a communist subversive and should be shot.

[ExFlyer]

The CEO's get head hunted and recruited and bid upon for their services and are offered money or negotiate for their compensation..

Workers do not.

If people or companies want you, you have choices. if you are just a worker with no or little ambition ...you don 't.

You are what you are.

Edited January 2, 2024 by ExFlyer

[Guest]

1 hour ago, Queenmandy85 said:

He doesn't produce anything.

Tell that to the tens of thousands of fans in the baseball stands who paid to watch him produce "nothing".

LeBron James gets paid a lot, not because he's really good at basketball.

His being really good at basketball, his charisma and his story makes millions of people want to pay top dollar to watch him play live. Become fanatics of him.

Pay hundreds of dollars for his jersey, or buy sneakers he's endorsing. So, companies who sell these sneakers, grow their own sales, by signing him onto a pair.

Essentially, long story short--the business side of sports you're choosing to ignore.

You're seeing an athlete. I see a businessman. Any athlete that doesn't know and understand the business side of things, is doomed to be broke by the end of their careers.

1 hour ago, Queenmandy85 said:

The left's hair is catching fire on the news a top CEO in Canada is making almost $15 million

I can't stand those complaining about this. I got a job where I have tons of control, but don't own the business--I just manage it for the owner.

If I want a bigger piece of the pie (the owner where I work, is a billionaire), it would be impossible. I would need to start my own business. My wife already owns hers, as she's built to be a boss. She gets paid based on her determination, and willingness to hustle.

Want a bigger piece, own your own business. I see people complaining about the disparity as being those who likely don't even have a job, or do and feel entitled to millions for not having any skill or bringing anything to the company that would be worth that amount.

[eyeball]

12 minutes ago, ExFlyer said:

The CEO's get head hunted and recruited and bid upon for their services and are offered money or negotiate for their compensation..

Let's increase the payroll taxes the employers of CEOs pay too. 

[Queenmandy85]

6 minutes ago, Perspektiv said:

Essentially, long story short--the business side of sports you're choosing to ignore.

I'm not ignoring it. I just find it interesting that so many people target the incomes of CEO's but not entertainers. We pay Taylor Swift a billion dollars to sing some songs. She has the business acumen to do that. One of the most astute entertainers is Dolly Parton. She may not be as financially well off as Ms. Swift, but she is an incredible business person and on top of that, she's a nice person.

Edited January 2, 2024 by Queenmandy85

[eyeball]

1 hour ago, Queenmandy85 said:

There is a guy who's job is to hit a ball with a stick who makes almost twice what that CEO makes.

Tax the snot out of him, and his employers to.  They can always pass the cost onto consumers.

[Aristides]

21 minutes ago, eyeball said:

Tax the snot out of him, and his employers to.  They can always pass the cost onto consumers.

Then the will refuse to play on Canadian teams.

[ExFlyer]

48 minutes ago, eyeball said:

Let's increase the payroll taxes the employers of CEOs pay too. 

The shareholders and company profits pay the CEO's.....as they do the workers too.

I am pretty sure the CEO's pay lots of taxes. I think I remember reading about a "study shows the top 20 per cent of income-earning households already pay more in total income taxes than the other 80 per cent do." https://nationalpost.com/news/canada/top-20-of-income-earners-fund-majority-of-ottawas-income-tax-revenue-report

 

I can never get over why people are so outraged what someone else makes...... normally without knowing what they doiand why or how they got there.

Edited January 2, 2024 by ExFlyer

[Michael Hardner]

36 minutes ago, Queenmandy85 said:

1.  We pay Taylor Swift a billion dollars to sing some songs.
2. She has the business acumen to do that.
3. One of the most astute entertainers is Dolly Parton. She may not be as financially well off as Ms. Swift, but she is an incredible business person and on top of that, she's a nice person.

1.  But she produces the material that earns the money so she should get the lion's share of revenue.
2.  No, she has talent.
3.  It doesn't matter if they're good at business, or nice.  If they hit a ball or strum a harp and a billion people watch, then that's the earning power.  They have a monopoly on what they do as individuals.  We don't need to care about them, we do need to care about people who are systematically squeezed out of a living wage while the middlemen pick their pockets.

[ExFlyer]

45 minutes ago, eyeball said:

Tax the snot out of him, and his employers to.  They can always pass the cost onto consumers.

They are taxed too and the people that pay to go to the games and buy the swag still willingly pay.

"the top 20 per cent of income-earning households already pay more in total income taxes than the other 80 per cent do.""

"https://nationalpost.com/news/canada/top-20-of-income-earners-fund-majority-of-ottawas-income-tax-revenue-report"

Reminds me of a story I saw. About another person that seemed to think others have more than them.

"A guy looked at my Corvette the other day and said,
"I wonder how many people could have been fed for the money that sports car cost?
I replied I'm not sure;
it fed a lot of families in Bowling Green, Kentucky who built it,
it fed the people who make the tires,
it fed the people who made the components that went into it,
it fed the people in the copper mine who mined the copper for the wires,
it fed people in at Caterpillar who make the trucks that haul the copper ore.
It fed the trucking people who hauled it from the plant to the dealer
and fed the people working at the dealership and their families.
BUT,... I have to admit, I guess I really don’t know how many people it fed.
That is the difference between capitalism and the welfare mentality.
When you buy something, you put money in people’s pockets and give them dignity for their skills.
When you give someone something for nothing, you rob them of their dignity and self-worth.
Capitalism is freely giving your money in exchange for something of value.
Socialism is having the government take your money against your will and give it to someone else for doing nothing."

 

You are just bitter because you are a nobody and cannot move up the pay scale ladder LOL

Boo Hoo, sucks to be you. Little people always whine about their lot in life LOL

Edited January 2, 2024 by ExFlyer

[Guest]

43 minutes ago, Queenmandy85 said:

I just find it interesting that so many people target the incomes of CEO's but not entertainers.

Because its unfair that people make more money than they do. They are "worth" a lot more with fast food experience (or worse, none and no life experience to boot), but colonialism, capitalism and other isms are responsible for their position in life (racism, sexism, to name a few more, but the list is long--victimhood is a full time job).

Sitting and sulking, isn't it--the using the anger to claim victimhood, vs fuel to get ahead. No Its them. The CEO's. Whitey. People in the way of them being the 1%. Failure to plan, and thus failure is just you spewing more isms and being xenophobic to boot, for reasons I will invent should you challenge it.

47 minutes ago, Queenmandy85 said:

We pay Taylor Swift a billion dollars to sing some songs.

We've paid Oprah to talk to people. Bill Gates to pay teams of engineers and factory workers to build steel boxes and CDs. Steve Jobs for creating a phone. 

I like how such people reduce the ground breaking movements these people created.

The world is yours for the taking. If you don't have what it takes to get yours, then let those who do take it.

[TreeBeard]

Norway has big companies with CEOs that smoke cigars and drink expensive whisky.  But they do so while making 10x less than American executives.  https://partner.sciencenorway.no/bi-business-forskningno/a-culture-of-smaller-wage-differences/1385445#:~:text=Norwegian top executives have to,salary of a top executive.
 

Canadian executives’ pay is closer to the salary of their American counterparts.  
https://globalnews.ca/news/10191926/top-ceo-pay-canada-2024/#

[ExFlyer]

31 minutes ago, TreeBeard said:

Norway has big companies with CEOs that smoke cigars and drink expensive whisky.  But they do so while making 10x less than American executives.  https://partner.sciencenorway.no/bi-business-forskningno/a-culture-of-smaller-wage-differences/1385445#:~:text=Norwegian top executives have to,salary of a top executive.
 

Canadian executives’ pay is closer to the salary of their American counterparts.  
https://globalnews.ca/news/10191926/top-ceo-pay-canada-2024/#

So what?

The market, be it products or personnel, decides what it is worth.

[Michael Hardner]

1 minute ago, ExFlyer said:

So what?

The market, be it products or personnel, decides what it is worth.

Maybe, but the market isn't always the best way to decide how things should be run.

[ExFlyer]

12 minutes ago, Michael Hardner said:

Maybe, but the market isn't always the best way to decide how things should be run.

The topic was salary and yes, the market decides what a job is worth.

To be honest, I cannot think of a better way. Give stuff away below what it costs to make? The entire basis of companies is to make profit. Otherwise it is communism or socialism. Even in communist or socialist counties, the higher ups all are the wealthiest with the most of everything.

When it comes to salary, especially in the CEO or equivalent areas, companies have to bid to get the folks they want to run their company so, market seems the only way to get them.

[Michael Hardner]

19 minutes ago, ExFlyer said:

1. The topic was salary and yes, the market decides what a job is worth.

2. When it comes to salary, especially in the CEO or equivalent areas, companies have to bid to get the folks they want to run their company so, market seems the only way to get them.

1. Not in all cases.  And if you take the larger definition of the word market, there's a lot more fiddling than you might realize.

2. Teams have salary caps right?

[eyeball]

1 hour ago, ExFlyer said:

You are just bitter because you are a nobody and cannot move up the pay scale ladder LOL

Don't worry about me, I just had my best year ever and I'm getting yet another raise in the next couple months.

Of course I depend on people who can afford stuff and apparently half of Canadians are $200 away from not being able to cover an emergency.

I'm not bitter I'm concerned.

[eyeball]

1 hour ago, ExFlyer said:

I can never get over why people are so outraged what someone else makes...... normally without knowing what they doiand why or how they got there.

What about when people are simply concerned at how much need there is in the world and how to address it without going the usual violent route when inequity gets to the point it's unsustainable?

[ExFlyer]

53 minutes ago, Michael Hardner said:

1. Not in all cases.  And if you take the larger definition of the word market, there's a lot more fiddling than you might realize.

2. Teams have salary caps right?

Not to get into a word definition battle with you, my point is, with all things there is a price to pay and that price is determined by who wants it most.

Some sports. Clearly not baseball LOL Salary caps are for team owners benefits, not players or fans or even market value.

Besides, businesses are not team sports

Edited January 2, 2024 by ExFlyer

[ExFlyer]

32 minutes ago, eyeball said:

Don't worry about me, I just had my best year ever and I'm getting yet another raise in the next couple months.

Of course I depend on people who can afford stuff and apparently half of Canadians are $200 away from not being able to cover an emergency.

I'm not bitter I'm concerned.

Clearly not CEO level though so, you are whining about them again.

26 minutes ago, eyeball said:

What about when people are simply concerned at how much need there is in the world and how to address it without going the usual violent route when inequity gets to the point it's unsustainable?

Oh, so now you are concerned about world poverty?

Please stop, what others make here, there, anywhere is none of your concern since you had your best year ever and are going to get more.. Kinda hypocritical eh? LOL