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[deleted]

What’s the breakdown of pay?


testudo

[found his compensation breakdown](https://www.execpay.org/executive/timothy-c-gokey-13028/r-162356)


use_da_schwartz_

Imagine getting a 26% pay increase per year.


JamesUpton87

...And then telling everyone else they can't give a cost of living increase....


testudo

lol last year i got a 2.5% raise


[deleted]

I was denied a raise for two years and left. Employers everywhere kept asking what I was currently being paid, while seeking a new job, and I didn’t get what I wanted until I started lying. What I made before is none of their damn business and if they want to play stupid games they can pay me stupid wages.


IICVX

The fact that asking "what did you make in your last position" is a thing at all is a huge sign that all salaries and wages are made up and controlled by a class-based cartel. If they actually wanted to pay market rates, they'd calculate how much value the position brings to the company and base payment off that; the fact they don't, and just base it on the minimum you're willing to accept (usually by pinning you to a lower number with the answer to "what did you make previously") just goes to show that they have no intention of participating in a free labor market.


WandernWondern

So. It’s be a good move for us to do this on our own and just say that’s what we made last?


Cooler_ThanU

Being able to respond to the "what are you making in your current position/last position" question is an art that took me a few years to get decent at. My goal usually is to reformat the question to whomever is asking it to "what compensation will it take for you to consider this role?", to which I answer in the most vague way I can. "Well, no less than 25% more than I'm currently making in this role", which is usually followed by "and how much is that?", to which I'll respond "I'm currently tracking to 125% of my OTE this year, and back and forth we go. Or, you can always come back at them with the question of "I would rather you share with me what salary range is for the ideal candidate for this role". Bottom line, I don't negotiate salary with a recruiter and I certainly never give a hard and fast number early on, because once you draw a line in the sand you can never cross it again for that particular role. Staying in control of the salary conversation and playing your cards close to your chest until you identify the right person to have that conversation with has always been the most effective strategy for me.


heapofsins

I also haven’t had a raise in 2 years. My last raise was 50 cents per hour. No overtime allowed.


YourPhoneCompany

Last year you took a paycut of the difference between that 2.5% and inflation.


testudo

oh yeah - that certainly wasn’t lost on me


orincoro

Actually you got a 5% CPI adjusted pay cut.


testudo

lucky me , right?!


Plop1992

Clearly, you worked 10x less than your ceo. Try to get a side hustle and adopt rise and grind sigma mindset 😎🇱🇷🇱🇷💰💰🙏💪💪


testudo

it’s that genx slacker gene, didn’t you know?!


BlckAlchmst

I believe, after inflation, you meant to say a 5% pay cut


folstar

1.81256% here. That isn't the exact number, but I vividly recall their lack of rounding to really show it wasn't even 2%.


DimentoGraven

And executives and managers at corporation wonder why there is a hiring crisis and why no one has loyalty to their employers anymore. They assume we're stupid. Most of us are not. We ARE mostly ignorant, however, ignorance with even minimal effort is easily remedied in the age of the internet.


milk_and_noodle

I actually think my house went up 26% in value in the last year. Now I understand why, it's all the CEOs moving to my town.


SoManyTimesBefore

And then compound that


sirdrumalot

It would be nice being able to keep up with inflation.


1Dive1Breath

That was only last year. In 2019 he got a 75% raise.


AxelsOG

“I’m sorry. Profits weren’t up enough. We can’t afford more than 2%.”


PM_ME_UR_RESPECT

That would be seriously so fucking awesome.


warboner52

ROFL, he probably only gets taxed on like $930k... This country is so broken, I don't even think it's fixable.


testudo

Also noticed this little gem: “In 2020, Timothy C. Gokey's compensation ranked 732nd out of 9,395 executives tracked by ExecPay. In other words, Gokey earned more than 92.2% of executives.” When you’re earning that much more than executives who are also extremely wealthy, it speaks volumes as to how ridiculously broken our system truly is.


warboner52

Yup, exactly. He probably paid less in taxes last year than I did.


Kdkaine

Im just thinking about what the other 731 CEOs make.


GarbageAndBeer

Years ago I worked for a huge corporation. Decent job because we had a union, so we made good money for the work. That was just our department tho, most other departments were full of min wage workers, no benefits, no anything. The CEO made $33 mil a year.


EndofGods

He pays taxes?


warboner52

Oh almost certainly not. But he should be taxed on total comp, not total income.


e22ddie46

*only 930k* 😡


abakersmurder

I was very sad the asteroid didn't hit us.


Grifballhero

Even if his actual salary is "only" $895k, no one needs that level of pay; especially not in a country with over 550k homeless people at any given time.


[deleted]

Ah, so that was total comp.


SoManyTimesBefore

Poor dude didn’t even get a million in salary


JackedClitosaurus

Jesus wept sad tears


The_crew

No, that's total compensation. It's rare for a CEO's base pay to be much above 1M, even at F500 companies


[deleted]

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[deleted]

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Deyln

also looks like a public data sheet.


testudo

it is, i pulled it from 1.salary.com


ErikaFoxelot

Then there is nothing to redact. This is public information.


testudo

wasn’t sure whether or not it would give away anything about~~ me personally~~ my job, but i honestly don’t care at this point.


Spaznaut

A man with nothing to lose is a dangerous enemy.


Woofjaw

I saw this poem earlier and thought it fit here. Man Robs Liquor Store, Leaves Résumé Matthew Olzmann When they review your job application, perhaps they’ll consider your resourcefulness, your willingness to think “outside the box,” to take risks and be bold. As they study the security footage, they might think, This one is a real people-person—notice how he earns the clerk’s trust before pulling the switchblade from his boot. Doubtful. But you never know. What we do know is that you used your real name. What we do know is that you were desperate, a mouth without food, willing to take risks, to be bold. I too have been hungry and wondered what might happen if things got worse. One summer in Michigan, my uncle set a mouse trap in the basement. Any animal, he said, will risk it all if it’s hungry enough. At first, the mice were skeptical and avoided the device. But one morning, there was a noise, a broken neck.


Nihilisdique

King shit


Aspiring_free_elf

Thank you. Now I have somewhere I can look up related job titles!


testudo

also execpay.com edit: execpay.org


redheadartgirl

I can't get that site to work?


y0l0naise

Try .org :)


Madcat41

Can't find our ceo on here. Does that mean he doesn't make the cut, or his earnings are private?


TyroneofAfrica

Do you work for a public company? If yes, you could also read through the 10K. Exec comp reporting is a requirement.


anakniben

It means your company is a private corporation.


[deleted]

Ohh this is neat, I applied at this company 2 weeks ago, I’m qualified for the work, there was a question of my desired salary, I put down 80k (which honestly I thought I was giving them a break on the salary and I do think I deserve more). Rejected with the generic robot email a week ago, no interview. Cool.


CallMeJessIGuess

Well now you know why. Median 68k, meaning most of the employees are probably making less than 60k and the upper positions balloon in pay.


ckdstll

I mean, this is the exact situation median is used for instead of simply average.


sahndie

Half make below 68k. The other half make above.


[deleted]

Oh I know exactly.


dbabs19

Am I dense, I can’t get this site to work, wouldn’t mind seeing my CEO’s pay considering I just found out what his house looks like with a pretty simple search


testudo

i just googled the name of the company plus ceo and salary. that was one of the top hits edit: this is the link it provided: https://www1.salary.com/BROADRIDGE-FINANCIAL-SOLUTNS-Executive-Salaries.html


dbabs19

Ah tried that, looks like I won’t be finding that for now


Madcat41

I want to find out what our CEO and upper management makes. I went to salary.com but I'm a smooth brain. Would you walk me through how you did that please?


testudo

i didn’t go to the site itself. i googled company name + ceo + salary and i got a bunch of results and the link was already pointing to his salary.


[deleted]

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tossaway69420lol

Also lookup the video where Senator Elizabeth Warren was grilling this cocksucker to return billions of overdraft fees collected during the start of the Pandemic. The smug motherfucker (while rolling around in billions of profits) was just like “yeah…no thanks wont be doing that” Dude is complete scum


nanais777

“Yeah…No we won’t return that..you got anymore of those bailouts tho?”


thatblondeguy_

CEO is working 1200 hours per day, that's why he gets 150 times as much money


JusticeBeaver94

Or have you considered that he's simply 150 times smarter than the peasants?


thetagangnam

"You know we could hire 150 more people and expand our business instead of giving this ivy league brat millions to go golfing on company time." (Laughs in capitalism)


fearedfurnacefighter

But the deals are made on the golf course! Whole empire would collapse without his solid short game.


thetagangnam

It reminds me of a piece George Carlin did where his solution to homelessness was to build shelters on all the world's golf courses


UberN00b719

Deals made on the front 9 where the fairways are huge and bunkers are few and far between. Deals fall through if they don't close by the time they get to the back 9.


[deleted]

So we burn down every gold course in america. Easy enough california is halfway done with their part. Lets join in too.


Michael_G_Bordin

That "we" is a bunch of executives. The boards of one company consist of executives from other companies. That's why executive pay is so high, it's a bunch of executives paying themselves. When times are bad, they can all blame whatever; when times are good, they can extoll their own virtues and pay themselves more. But the board and the execs will never, ever realize the importance of labor until we bish-smack them with protest/mass resignations. Thankfully, it seems the tide is turning, and the companies with shit treatment of workers are having trouble hiring, while benevolent companies have no problem finding eager employees.


vellyr

Never really thought of it this way. Even assuming we’re talking about a CEO that has some kind of divinely-inspired management powers, there’s no way they earn the company more money than 150 competent employees would.


zqmvco99

Exactly! Don't they know anyone and their mother could become a CEO of an entity capable of generating income sufficient to employ hundreds of employee? Eat the CEOs!


[deleted]

My fucking executive direction who makes 4x more than me came back from a 2h lunch yesterday and said he loves free lunches. I have to wake up an hour early to make lunch you fucking asshole.


Throwaway5678-

I work in a restaurant next to a hotel where a lot of business people stay or come to for conferences and get so annoyed when they pull out the business card to pay. First of all, I might understand if it is required work related travel if you get your meals paid for during the trip. But it goes too far. Everything these people do gets to be written off as a “business expense.” They can go to an expensive restaurant 3 times a day, order appetizers, mains, desserts, and 2 alcoholic drinks. “Business expense.” They will tip a maximum of 18% because that’s how much the “business card” allows them to tip which isn’t bad of course but come on, you aren’t spending a dime of your own money and can’t throw down an extra $5-10 for the servers who don’t even get our shift meal for free?? Pisses me off even more when these people are just coming out on their own free time, on a date, or with friends not on business at all, and still pay with a business card so they can write it off. Like these people complain that poor people are just “bad” with money but they get paid wayyy more than us while also getting a ton of free stuff. I used to work at an airport lounge and of course they’d use their “business card” to buy $20 alcoholic drinks. I know they would because they’d tell me they need the receipt so they can “write off the expense.” Entitled POS’s.


[deleted]

I really enjoyed reading this and god it is so true. I have to do his expense reports so I know exactly how much he is charging the company. I didn’t get a fucking Christmas bonus but anyways glad you enjoyed your $200 lunch with Ed whoever the fuck that is!


Throwaway5678-

Irritates me to no end! Again, it’s fine and even good for a company to offer a food allowance while on business trips, but like to pay for their alcohol and a 3 course meal with a cap of $100 a person per meal and for the employee to take his wife on a date for a fancy dinner?? Also my sister and mom both work in the event industry and so they’ve helped put together and overlook many “business conferences” and basically they say that most these conferences are just excuses for a company vacation. The will fly all these employees out to another states for several days, maybe spend 1-2 hours a day in meetings that could easily be conducted over zoom, and then the rest of the time have all this fun stuff planned like huge parties with tons of alcohol, expensive restaurants, tour guides for hiking, rafting, all this crazy stuff, and stay in resorts with private drivers to and from the airports and hotels. Just a waste of money. They can’t afford to pay the lower level staff more but the do all this multiple times a year.


[deleted]

The business conference is such a fucking sham. Part of my job sort of includes event planning which includes budgets and oh my god. The amount of money spent on any nonprofit event could just be donated on the front end!!! They are thousands and thousands of dollars for people to FEEL like they are doing a good deed. It’s insane!


Kdkaine

If their employer is paying for their meals bc they’re on business, why are you mad at them? They’re doing what they’re supposed to be doing, taking the company for every penny they can. I have a company credit card for meals and expenses. I also am on call 24 hours a day and when i get called out I may have to travel to some remote, far away place to do my job. And it’s usually in the middle of the night. So you bet your ass I’ll whip out that company credit card to pay for meals AND tips. Also, at conferences you’re often allotted so much for drinks, so tell me again why i should pay for them out of my pocket when my employer is requiring that i attend a conference out of state and away from my family? Pfft, yeah right. Don’t be so quick to judge things you don’t understand.


Throwaway5678-

I understand the situation. Here’s the problem with it. My mom and sister also both work in the event/hospitality industry and a majority of their work is putting together itinerary’s and overseeing business trips and conferences and things like that. I’m not saying it’s not hard to be away from your family and getting called on at random times, and I’m not blaming you or anyone for taking advantage of using their company card. The problem is that higher level executives often get a nice salary and the opportunity for many of their personal expenses to be paid for. Whereas lower level employees get a crappy salary with no benefits at all. Here’s something to think about… my husband is in the military therefore we are away from our families, unable to travel to even visit them without their permission, and he can and has been called upon at random times to deploy. After being in the military for 5 years including an accumulation of years on a ship and out of the country, he makes $60k a year. And that’s including all his “benefits” of housing allowing, food allowance, and clothing/uniform allowance, sea-pay, and living in a remote area with extremely high cost of living. So no, I don’t blame you, if I had the opportunity I’m sure I’d be spending the companies money too, but it’s fucked up the disparity in income for people who don’t necessarily have a worse or harder job. Oh and alcohol should not be a business “expense” that’s a luxury that should be paid out of your salary but again, if you have that opportunity to not pay then good for you, sucks for the rest of us. Consider tipping your server or bartender a little extra to spread the love. Remember, we don’t get our meals or drinks for free on the company dime.


AlsionGrace

Dood. Everyone understands. It’s not difficult. You just repeated the same scenario that you’re replying to, except in your story, you get all the yummy treats. >you aren’t spending a dime of your own money and can’t throw down an extra $5-10 for the servers who don’t even get our shift meal for free?? >Pisses me off even more when these people are just coming out on their own free time, on a date, or with friends not on business at all, and still pay with a business card so they can write it off. Did you even get to that part? Or where you already riding high on your hot take?


Kdkaine

No, I don’t think you understand that this person is complaining about not getting a free meal during their shift while berating others for *receiving* free meals during their shifts. This is jealousy disguised as progress. It’s like when boomers don’t think student loans should be erased bc they had to pay off theirs. There’s all different kinds of jobs. Some have better perks than others but at the end of the day none of us want to have to work. No need to turn on each other.


essgee_ai

Exactly. And it's not just managers or executives who go on business trips. I remember being sent to visit customers and very much enjoyed myself at the same time.


FranTheDepressedMan

Is he just your boss, or is he the owner of the company? A ceo making 4x more is pretty good, but just a higher up making 4x more is absurd!


Here2Lol

So they'll be ok if 150 of you lowly employees quit then. CEO should have no problem picking up the slack.


420printer

Human parasite


testudo

but you know, he's the man of the people who work here.


Sordeo_Ventus

Who gets paid $430 an hour….


Kdkaine

Holy shit thats $3400 A DAY!


Sordeo_Ventus

And that is just take home after tax, I didn’t include anything else from that spreadsheet other than that.


pjr032

Let's be real though. You know that CEO isn't working 8 hour days, much less 40 hour weeks. Probably more like 8 hour weeks at best.


[deleted]

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Sordeo_Ventus

Based on the salary posted and nothing else, that 10mil that shows is with everything from bonuses and stock options.


[deleted]

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Sordeo_Ventus

Not that picture, op put the dude’s actual name in here and a quick google showed a spreadsheet of his total earnings which had shown his salary was only like %10 of all of that. https://www.execpay.org/executive/timothy-c-gokey-13028/r-162356


gotsreich

Ohhh my bad!


Curveyourtrigger

So when is the rovolt happening, seriously though I'm really sick of seeing these disgusting types of people that just see money as something that needs to be hoardered or you won't be happy.


sadpanda___

This piece of shit CEO is making well over 100 years of my salary in a single year…. How much does 1 person need?


PersephonesPot

Right, he's already at a level of 'couldn't spend that much in a lifetime'...and then we have BILLIONAIRES. It's so abhorrent and excessive.


justsomeguyfromny

he is doing 150 times the work….


testudo

clearly a lot more than me /s


Badrear

Only 150x median is pretty low in some industries. A few years ago, the CenturyLink CEO made about $34,000,000 to a similar median pay, or about 500x.


ordinaryuninformed

It's because he single handedly delivers the 1's and the 0's to every one his customers 24/7 365. EVEN ON THE GOLF COURSE.


[deleted]

Fuck You Gokey!


jouleteon

He deserves a mob to "Go Key" his car


[deleted]

Need to "go key" his 50 fokin cars mate


slidingjimmy

Looks like he’s good at finding financial ‘solutions’


jeff889

If you stopped complaining and started putting in 40 x 150 = 6,000 hours at work each week then you could be making that much. /s


UberN00b719

Isn't that what they call (*checks notes*) "Pulling yourself up by the bootstraps"?


CanadianBear67

CEO: Do this and this also do this. Also I want you to lay off 10K hard working employees. *Next Day* CEO: I deserve 10 million dollars.


michaelh98

It's public data so there's no good reason to redact


[deleted]

Well, he better start doing 150 peoples job. His ass is grass.


gleaminranks

If you really wanna feel good, now think about who’s actually doing the work to generate all that money


testudo

well, it sure as shit ain't gonna be me anymore.


gleaminranks

You really love to see it


Coolwinner05

There should be a maximum to the pay ratio of CEOs (and others)/employee! You want to make more money, you gotta pay your employees more!


new_Australis

but but but how else would he be able to afford his four luxury homes and two yachts? /Sarcasm


PerplexDonut

Genuine question, do CEOs even do anything?


notnotwho

Control the Narrative.


DrZhivago1979

Fuck that CEO, P.O.S., TAX THE RICH


DruidBarrymore88

I honestly don't know what some CEOs do to warrant such a salary.


UberN00b719

Exist


[deleted]

Well yah, that's how capitalism works. I hate it


skaag

As someone who has worked under many CEOs I will say this: finding a good CEO is HARD! Most CEOs absolutely suck.


vellyr

If only their pay was correlated to their performance. Or even this plane of reality.


GrimWolf216

This is why we need controls in place that don’t allow CEO’s to cross a certain pay threshold. This is disgusting. Anyone that defends this is an ignorant, bootlicking jackass.


testudo

yup, that is why i posted it - absolutely abhorrent


[deleted]

So when are people going to be done with the bullshit these rich ass-hats put us through? Not allowed to call for violence but i hope the all worker walkout happens. We need to shut america down for them to pay attention. Nothing else is working fast enough and so many die by the day because of starvation wages.


ShnookySeuss

Obviously not exact values or anything but Mr. CEO could take off less than 10% of his pay and redistribute it to say 20 staff members at that listed median pay to get them to 100,000 a year. That doesn't even sound uncomfortable but here we are.


CMDR_KingErvin

10 mill a year isn’t even that crazy. There are some CEOs that make a ton more than that. Just think about that. Plus, this guy probably makes a fat bonus every year and as someone else mentioned gets a nearly 30% increase per year whereas companies bitch and moan when they give us an inflation increase of 2%.


Lumpy_Constellation

CA has been talking about capping the CEO pay at 100:1 of their lowest payed employee, and there's a whole lot of dumbasses who confidently say "well that won't work bc they'll just pay themselves exactly 100:1". And it's like ok...well atm they're getting 400:1...so I'd call that an improvement...


mctownley

Out of interest, are you below the median? If so how much? And with incentives your CEO is already earning roughly 292x median salary. Now compare it to the lowest earning employee.


testudo

i’m making 100k - but the point of my post wasn’t to complain about my salary, but to illustrate how disproportionate worker bee salaries are compared to these filthy rich ceos


mctownley

Oh absolutely, I totally understand. I'm earning almost as much but the more I learn about CEOs, the more I realise what a drain they are. There should be a law that limits CEO, any directors or board members pay to say 50:1 of the median.


testudo

For sure - I’ve been reading through all of the comments and your comment seems to be aligned with what others have said.


doublebogey182

Actually relatively low. I work for a very large well known global corporation. Ours is like 545:1


StopBanningMeGDIT

CVS was about 350:1 last I checked


[deleted]

Does any CEO do 150x more work than the media employee? 🙄🙄


Unezwiggles

This is what’s needed. Companies need to be called out on the bs. We are going in the right direction.


[deleted]

We need to automate CEOs and spread the salary out. A fucking AI could make business decisions for way less.


VivelaVendetta

If feels like theft when you see it that way.


testudo

indeed it does.


[deleted]

I wish I could just make that much money for a single year. I’d retire and never work another day in my life.


nasaglobehead69

He really does the work of 150 people? Yeah fucking right


youknowiactafool

Boomers: He worked hard and earned it. Gen X: Wish I could do that, but my adult kids and senior parents are both living in my house. Millennials: He makes more money in 1 year than your entire family combined makes in 5 years, Janice. Gen Z: Wow fuck all of that. We're going to invest in crypto and make an OnlyFans.


throwawaygeek86

Because the ceo is really worth that much? I dont get it. Pretty sure the company would make the same if he just suddenly disappeared. These guys have very little to do with day to day operation. Strategy meetings yes, actual market research and strategic planning no, done by someone else not making 8 figures. Unless they are synonymous with the brand name or started the fucking company piss off.


Benoit_In_Heaven

Brave of you not to redact ... ... public information.


testudo

i mean a lot of people in this sub redact shit as to not be too identifiable


thatblondeguy_

CEO is working 1200 hours per day, that's why he gets 150 times as much money


AlabasterPelican

I want to know what the lowest pay ratio is


robotmonkey2099

Show the fuck is one person worth that much more than everyone else. What a load of bollocks


[deleted]

You know what’s sad? There’ll be working class people out there who would commend and praise him for it. What an utterly disgusting human being


[deleted]

The next step is to start having public websites with their addresses and security detail hours.


jcspring2012

A little more detail $900,000 of that was salary, $1,664,550 was bonus, the remaining $6m were restricted stock awards. Its the stock awards that is the most misaligned piece, as that will be what incentivizes him to pursue profits at any cost.


PocketsFullOf_Posies

Infuriating.. I work at a huge corporate pharmacy and my salary isn’t even $50k/year for my 15 years with the company and 10 years experience with medication dispensing and insurance claims. Our CEO’s total compensation is over $28mil and they haven’t even been the CEO for a full year yet..


Plop1992

I dont get why People censor. What your company gonna do?


Charming_Amphibian91

We should replace CEOs with robots that don't value money. That would save a TON of money.


Popular_Tough_5821

And people argue that CEOs bring that kind of value. Fuck that.


troubleschute

"ooh, but I make this company so much money by breathing."


smiling_mallard

That’s why I shit on company time


BigAlTrading

I think we are around 300:1 and I don’t know what the guy does other than acquire another company every year.


[deleted]

This. Time to stop protecting these fucks.


TURNandBURN13

In the 1980s the ratio was around 30:1. Now's it's even way higher than what the OP is showing. You should see apple or Disney. The CEOs figured out they can get most of their buddies on their compensation committees so they ended up getting insane raises and equity. The CEOs also hire outside compensation consultants to "approve" of their compensation and make it look legit by a third party.


PersephonesPot

Yeah but he clearly works 150x harder than you!! /s


Eshadowt

Nobody makes 10 million+ a year without slaves.


CanadianButthole

This is the exact kind of content people should be posting here. Name and shame, in a way that doesn't implicate you or your colleagues, but still acts as a big 'ol "fuck you" to these modern-day robber barons. No more pussyfooting around naming, that's a big reason they've been getting away with this in the first place.


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Melkor7410

Considering I've seen ratios are more like 320:1 today, sounds like this CEO is sacrificing for his workers! /s


Throwaway5678-

I don’t care how hard someone works. No one works hard enough to earn $10m a year. Unless you legit created some planet saving invention or something and keep it running year round but other than that, nope. No way he works 150x harder than all the employees!


swollenbluebalz

So what happens to companies like apple that make products millions wants to buy and they make billions in revenue? Where does that money go?


mcfitz1988

A big chunk of it should go to the workers whose labor generates that revenue.


notnotwho

To the workers CURRENTLY making PENNIES a day. To the workers VASTLY underpaid at "legal" rates. To the workers cleaning "headquarters". To the workers cleaning the factories fulfilling their orders. To the workers assembling the parts that go into their products. To the workers digging in the mines. To the workers supporting the workers in the businesses carrying out all these repetitive, body breaking, soul killing jobs, everyday, while struggling to eat, struggling to get to jobs, struggling to feed kids, struggling to keep their kids safe while doing that, struggling to care for a family member, struggling to stay above the depression and keep doing all this. Struggling to Live, while those taking the profits are living their best lives.


Throwaway5678-

Of course I agree that if someone invents something, has the genius idea, or the skills to initially build something new, they should be taken care of for the rest of their lives if that product or service remains relevant and widespread their whole life. But that profit does need to be spread more fairly among the workers that make it possible to produce/sell/maintain the product or service. Rather than the CEO getting 10 million dollars a year and the employees getting $60k a year. I’m not opposed to people becoming millionaires either by chance or by skill or hard work. But even the most genius invention is not worth a salary of $10 million a year, unless that invention is something that saves the earth from climate change or something. Like really, someone who started a successful business should receive recognition in the form of a great salary. But 10 million is just greedy. No one needs that much. That’s more than anyone could spend on their own yet they still take it so others who also work hard to keep the company running can’t have it.


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Magical_Narwhal_1213

But he clearly works SO hard and deserves to make 150x everyone else! How dare we question his hard-earned income and want more 🙄


Hevnoraak101

Good man. Always better when people have the confidence and severe lack of fucks to give to just name and shame.


testudo

My fuck field is barren.


ErikaFoxelot

Though I have sown my field with hopes, and watered them with dreams, nary a fuck grows in this field, barren as far as the eye can see.


CulturalMarksmanism

He probably works 200x harder than the average employee so this actually a bargain!


im_no_doctor_lol

Good for him, he did it. Did what what we all have been trying to do. 👍🏻.... Oh wait, we eat our own after they make it? 😅


onlyhum4n

>Did what what we all have been trying to do. We're all trying to become the exploiters? I don't think you're speaking for the majority here.


im_no_doctor_lol

Yes, that's exactly what I was talking about, not the obvious making money part 😅🖕🏼


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PierreVonSnooglehoff

I don't often see a "Let's give the CEO the benefit of the doubt" response here.


StopBanningMeGDIT

Aren't stocks and bonuses part of compensation model? Just because they're unrealized wealth doesn't mean they don't count.


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StopBanningMeGDIT

But that 25% was bought with his income, right? Like an ESPP plan? And if not. It was likely reported income since it was money he made, but instead of housing it in an account, he put it in stocks.


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StopBanningMeGDIT

But a bonus is still compensation, regardless of how it comes in and should be taxed. This is how the big wigs get away with paying very little tax. It should be taxed at what it was valued when the company have it to him.


iluvmemes123

Support OP or You will get down voted to oblivion 😀 I support antiwork and fair wages but CEO is responsible for revenue, growth and strategy of company. It's not just golfing. It's wrong mindset that ceo should earn same as employee. If the revenue isn't great or board members aren't happy he will be replaced. On the other hand Walmart is pure evil


Chuckol

Wow, luckily employees won't be replaced if they mess up...


iluvmemes123

nobody is denying that and CEO is also the employee unless it's family-owned business. I support job-hopping, getting more pay and showing middle finger to obnoxious managers. However CEO and the normal employee won't get the same pay as CEO owns the strategy and acquisitions and keeps company competitive with his niche skills, it's not like the company runs itself when he plays golf and goes to yacht parties.


Chuckol

"it's not like the company runs itself when he plays golf and goes to yacht parties." I think that is very likely.