if welfare is a trap and makes you a slave on the liberal plantation...

greenlikemoney

Well-Known Member
yeah, I'm fairly successful and i have a problem with CEO compensation.
I agree some CEO compensation is absolutely atrocious, but as a business owner I definitely feel my compensation = my input and risk involved in running my company, not to mention the fact my employees are fairly compensated and I rarely have turnover. Not every business owner is a slave driver.
 

jahbrudda

Well-Known Member
I agree some CEO compensation is absolutely atrocious, but as a business owner I definitely feel my compensation = my input and risk involved in running my company, not to mention the fact my employees are fairly compensated and I rarely have turnover. Not every business owner is a slave driver.
It's all relative.
Sure some CEO's compensation are outrageous, but a good majority of their pay is dependent on the corporations performance, as in bonuses and stock options. If the company did not perform accordingly, he or she would be ass out and so would many jobs.

Take the CEO of Oracle, one of the top paid CEO's in the US.
His total compensation last year was $77mil, the corporation generated over $37 bil in gross revenue, over $10bil more than in 2010.

Oracle has approximately 122,000 employees, his annual compensation amounts to only $631 for each employee.

And here's the kicker, the average salary of Oracle's employees is over $100,000 per year.
So would the added $631 to each employee really make a difference?
 
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greenlikemoney

Well-Known Member
It's all relative.
Sure some CEO's compensation is outrageous, but a good majority of their pay is dependent on the corporations performance, as in bonuses and stock options. If the company did not perform accordingly, he or she would be ass out and so would many jobs.

Take the CEO of Oracle, one of the top paid CEO's in the US.
His total compensation last year was $77mil, the corporation generated over $37 bil in gross revenue, over $10bil more than in 2010.

Oracle has approximately 122,000 employees, his annual compensation amounts to only $631 for each employee.

And here's the kicker, the average salary of Oracle's employees is over $100,000 per year.
So would the added $631 to each employee really make a difference?
Logic doesn't work well here with the ideology crowd. In their minds the CEO should make about $500,000 a year and the remaining $76.5 miliion should be equally distributed amongst all employees because, let's face it, just like chesusrice was personally responsible for making his former employer literally millions of dollars over the course of 2 years, every Oracle employee is personally responsible for every drop of profit. I seriously doubt many Oracle employees are complaining about making over $110k/year.
 

heckler73

Well-Known Member
It's all relative.

And here's the kicker, the average salary of Oracle's employees is over $100,000 per year.
So would the added $631 to each employee really make a difference?
Averages aren't medians.
Especially when one has figures like $77Mn skewing the distribution. Remove all those outliers, then let's see the "average".
I'm fairly confident no one at Oracle is on the threshold of poverty, however. One of the lower salary ranges I saw for them was $59k-80k...is that considered great in America? It's a "comfortable" salary for Canada.
 

ChesusRice

Well-Known Member
Logic doesn't work well here with the ideology crowd. In their minds the CEO should make about $500,000 a year and the remaining $76.5 miliion should be equally distributed amongst all employees because, let's face it, just like chesusrice was personally responsible for making his former employer literally millions of dollars over the course of 2 years, every Oracle employee is personally responsible for every drop of profit. I seriously doubt many Oracle employees are complaining about making over $110k/year.
My employers pay very well.
3.5- 4 million in sales off of the machines I ran in my department × 2.5 years

Yes I did make him millions you dumb mother fucker
 

travisw

Well-Known Member
It's all relative.
Sure some CEO's compensation are outrageous, but a good majority of their pay is dependent on the corporations performance, as in bonuses and stock options. If the company did not perform accordingly, he or she would be ass out and so would many jobs.

Take the CEO of Oracle, one of the top paid CEO's in the US.
His total compensation last year was $77mil, the corporation generated over $37 bil in gross revenue, over $10bil more than in 2010.

Oracle has approximately 122,000 employees, his annual compensation amounts to only $631 for each employee.

And here's the kicker, the average salary of Oracle's employees is over $100,000 per year.
So would the added $631 to each employee really make a difference?
Larry actually made $153 million last year at Oracle. If Larry generates so much value for the company, why do you think the majority of shares not owned by Ellison have voted against his pay package for the last few years?
 

schuylaar

Well-Known Member
It's all relative.
Sure some CEO's compensation are outrageous, but a good majority of their pay is dependent on the corporations performance, as in bonuses and stock options. If the company did not perform accordingly, he or she would be ass out and so would many jobs.

Take the CEO of Oracle, one of the top paid CEO's in the US.
His total compensation last year was $77mil, the corporation generated over $37 bil in gross revenue, over $10bil more than in 2010.

Oracle has approximately 122,000 employees, his annual compensation amounts to only $631 for each employee.

And here's the kicker, the average salary of Oracle's employees is over $100,000 per year.
So would the added $631 to each employee really make a difference?
impossible..my benefits package at kushy fortune 500 was worth $40k and you were reminded of it each year.

i would imagine at oracle, things would be the same and then some.
 

jahbrudda

Well-Known Member
Averages aren't medians.
Especially when one has figures like $77Mn skewing the distribution. Remove all those outliers, then let's see the "average".
I'm fairly confident no one at Oracle is on the threshold of poverty, however. One of the lower salary ranges I saw for them was $59k-80k...is that considered great in America? It's a "comfortable" salary for Canada.
With over 122,000 employees, I highly doubt The CEO's $77mil skewed the employees average income by much, irregardless, his compensation is peanuts in relation to the company's total payroll.
 

jahbrudda

Well-Known Member
Larry actually made $153 million last year at Oracle. If Larry generates so much value for the company, why do you think the majority of shares not owned by Ellison have voted against his pay package for the last few years?
He made $77mil in salary from Oracle in 2013, what he made in stocks and other investments is irrelevant to this discussion.

Being I'm not an Oracle share holder, I could care less what Larry makes, why do you?
 

jahbrudda

Well-Known Member
impossible..my benefits package at kushy fortune 500 was worth $40k and you were reminded of it each year.

i would imagine at oracle, things would be the same and then some.
I have no idea how you post was relevant to my quote, come again.
 

schuylaar

Well-Known Member
Logic doesn't work well here with the ideology crowd. In their minds the CEO should make about $500,000 a year and the remaining $76.5 miliion should be equally distributed amongst all employees because, let's face it, just like chesusrice was personally responsible for making his former employer literally millions of dollars over the course of 2 years, every Oracle employee is personally responsible for every drop of profit. I seriously doubt many Oracle employees are complaining about making over $110k/year.
haven't you ever heard of a profit share?

my average revenue per client: $3k
my average clients per year: 150
my career with them: 10 years

so that would make my revenue contribution of $450k/year = $4,500,000M

and mr. business man..we do EXPECT it or we get smart and walk..like me:mrgreen:
 

travisw

Well-Known Member
He made $77mil in salary from Oracle in 2013, what he made in stocks and other investments is irrelevant to this discussion.

Being I'm not an Oracle share holder, I could care less what Larry makes, why do you?
I don't know why I even bother you slimy little fuck. We've BEENTHERE before. Last year, Ellison made almost $153 million, making him one of the highest paid executives in the U.S.
http://fortune.com/2014/06/13/oracles-larry-ellison-is-due-for-a-pay-cut-say-shareholders/

You brought up his compensation, not me and I care what he makes because I own Oracle stock.
 

jahbrudda

Well-Known Member
Dude, someone just disagrees with you and you act like a fucking douche!
Do you even know what a salary is?

from your source.
"Last year, Ellison made almost $153 million, making him one of the highest paid executives in the U.S. Some 98% of this compensation came from profits on exercising stock options"
 

greenlikemoney

Well-Known Member
My employers pay very well.
3.5- 4 million in sales off of the machines I ran in my department × 2.5 years

Yes I did make him millions you dumb mother fucker
Didn't we have this discussion the other day? Trust me, if you were that valuable, no Hmong would now be doing your OLD job and your OLD employer would have been making sure he gave you enough incentive to move with the company.

Again, you DID NOT LITERALLY make your OLD employer millions of dollars. You just didn't.

Oh, and you are the stupid one here.
 

greenlikemoney

Well-Known Member
haven't you ever heard of a profit share?

my average revenue per client: $3k
my average clients per year: 150
my career with them: 10 years

so that would make my revenue contribution of $450k/year = $4,500,000M

and mr. business man..we do EXPECT it or we get smart and walk..like me:mrgreen:
Obviously, Oracle isn't a profit-sharing company. And Oracle employyes are more than welcome to "get smart and walk" if they find better opportunities. And once again, another "employee" who bears none of the costs associated with a business, thinks she is entitled to 100% of her "revenue contribution. Unbelieveble.
 
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