Bain Capital owned OSI tried to cut food server wages in half
- Thread starter BadDog40
- Start date
ink the world
Well-Known Member
I think that pontificating about business is laughable when you don't know how to turn a profit .
Whats next fitness advice from Rosey ODonnell?
Whats next fitness advice from Rosey ODonnell?
canndo
Well-Known Member
That would depend then on the definition of "significant" wouldn't it - I didn't say all, I didn't even say a percentage.
Taes from what? wages? or earnings?
I've never asked you to STFU, I have asked you to defend your posistions. Seems you have here - When a company posts half a billion in profit and it's CEO
Viacom profit was 463 million - Dauman's compensation 84.5 million. I'd call that significant.
Well I know one thing for sure, you never ran a corporation that was publicly listed nor did you ever take a business class. There might be SOME CEO's who get great stock options or some kind of incentive, but they sure as hell don't get a significant portion of the profits. LOL any idea what the CEO of BP would get for pay if he got a "Significant" portion of the profits? You have no clue.
If I own the business and it is not a publicly traded company then you sure as shit right about the CEO taking all the profits, but you seem to think that publicly traded companies have CEO's who take at least 51% of the profits.
canndo
Well-Known Member
I am running one now and have run 3 others NoDrama. How about you?
LMAO 85 Million? Prove it.
http://www.reuters.com/finance/stocks/officerProfile?symbol=VIAB.O&officerId=729006
publicly traded corporation, unless you are a publicly traded company, which you aren't so........
canndo
Well-Known Member
Philippe P. Dauman: $84.5 million
Company: Viacom (VIAB)
Cash compensation: $14 million
Stock and options: $70.5 million
Total compensation 1-yr. change: 149%
Source: Equilar Inc.
canndo
Well-Known Member
Correct, it is not publicly traded. Are you running one?
The link proves NOTHING!!! since NONE of the info shows up when you click it. I guess we aren't going to go by the REAL info from Reuters are we? We all just gonna trust your info that only YOU can see? LOL LOL LOL
His Compensation is 38 Million, which I agree is a lot, but he isn't the one who decided on his pay, You have no clue how publicly traded companies work, you think just cuz you claim to own 4 business that they are the same as a publicly traded company. How many shares of stock have you issued and who underwrote the issuance? How many preferred shares have you issued? What kind of financial leverage do you use and what is your company's quick ratio? Do you issue bonds and what kind of coupon do they have? Do you deal in Warrants too?
You have no clue what I am talking about do you?
Then start a new thread, your comments have zero relevance here.
canndo
Well-Known Member
I see, only people who are CEOs or presidents of publicly traded companies should post to this thread?
I own my business, I don't just run it.
What were your margins like on that first business you ran?
Remember how you got here.
FlyLikeAnEagle
Well-Known Member
You know several waitresses that pull in $130k a year? What the fuck ever.
canndo
Well-Known Member
They were very high, Installing and maintaining Novel networks was quite lucrative until Microsoft ate the whole pie and the owner (me) wasn't smart enough to see it coming and change to the new OS.
FlyLikeAnEagle
Well-Known Member
Just shows you'll throw anything out there and hope some dumbfuck will believe it. You have no credibility.
Obviously you haven't ever been to places like Sommeliers in D.C. where starting salary for a waiter is $80K-$100K. without tips.
Ahh the ignorant are so easily put in their place.
FlyLikeAnEagle
Well-Known Member
They're not called 'waitresses' there, and the starting salary is 67k, try again.