Do you think company Directors are worth astronomical incomes?

Discussion in 'Chit Chat' started by Katzenfreund, Mar 4, 2017.

  1. Katzenfreund

    Katzenfreund MDL Expert

    Jul 15, 2016
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    My motivation for the thread was this article:

    Though I am not a socialist, I personally consider such earnings as obscene and equivalent to robbing the shareholders. I also understand that bank directors get even more. And with so many banks in difficulties, they aren't that good either.
     
  2. JFKI

    JFKI MDL Expert

    Oct 25, 2015
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    Not on that scale, no.

    On the other hand I'd bet that the President/CEO of the company I work for makes six figures and in my eyes he is severely underpaid.
    ( I'd also bet he donates at least half of that back into the company. )

    P.S. I am not a betting man.
     
  3. JFKI

    JFKI MDL Expert

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  4. Joe C

    Joe C MDL Guru

    Jan 12, 2012
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    It is obscene. To make over 17 million in one year alone. Satya couldn't spend that much in his lifetime let alone one years pay
     
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  5. R29k

    R29k MDL GLaDOS

    Feb 13, 2011
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    :laie: More like how much she spends on curtains !
     
  6. Katzenfreund

    Katzenfreund MDL Expert

    Jul 15, 2016
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    Who are Satya and Dona? [​IMG]
     
  7. bloodstone

    bloodstone MDL Novice

    Mar 5, 2017
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    no.
    they certainly deserve more than the average worker, but come on, when some earn in a month what others couldn't earn if they started working during the last ice age, something can't be right.
     
  8. nova2

    nova2 Guest

    how can it be worth?

    while using the lift to their office they earn more than a worker per month...
     
  9. JFKI

    JFKI MDL Expert

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    #9 JFKI, Mar 5, 2017
    Last edited: Mar 5, 2017
  10. Michaela Joy

    Michaela Joy MDL Crazy Lady

    Jul 26, 2012
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    They're are voted in (CEO's) because of the prosperity that they bring to a corporation. They bring contacts and practices to a corporation that's designed to increase profits and lead the company down a path of profit.
    Most times, they come in under legal contract, so when they leave, the corporation has to pay them severance. (Golden Parachute)

    It's been said that a good manager can do the jobs of each and every subordinate in a company.

    What would pay for that level of expertise?
     
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  11. Katzenfreund

    Katzenfreund MDL Expert

    Jul 15, 2016
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    Here’s one worthy multi-million earner.

    It’s an old story of course, but in her prime, Grumpy Cat made $100 Million in two years.

    Grumpy's earnings dwarfed those of many of Hollywood's biggest names, such as Gwyneth Paltrow who, according to Forbes magazine, earned just over $18.6 million . The cat also outstripped the world’s top footballers including Christiano Ronaldo, whose total remuneration was estimated at $42.2 million.

    http://www.businessinsider.com/grum...er-nearly-100-million-in-just-2-years-2014-12

    [​IMG]