Australian Politics Forum - Bad Times Are Still Good For Company CEOs.

aussiefree2ride Gold Member Offline Australian Politics Posts: 3538	Re: Bad Times Are Still Good For Company CEOs. Reply #15 - Sep 27^th, 2010 at 12:33pm OP "THE salaries of some top-100 chief executives rose during the global financial crisis as their companies bled." Has the penny dropped yet? Top execs are in highest demadd during hard times. That`s what`s commonly termed, a "NO BRAINER".
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Sir lastnail

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Re: Bad Times Are Still Good For Company CEOs.
Reply #16 - Sep 29^th, 2010 at 1:16pm

aussiefree2ride wrote on Sep 27^th, 2010 at 12:33pm:

OP "THE salaries of some top-100 chief executives rose during the global financial crisis as their companies bled."

Has the penny dropped yet?
Top execs are in highest demadd during hard times.
That`s what`s commonly termed, a "NO BRAINER".

And its all based on going into more and more debt.

You're right, you don't need many brains to work that out. But to be paid more for it, WTF !!

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aussiefree2ride

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Re: Bad Times Are Still Good For Company CEOs.
Reply #17 - Sep 29^th, 2010 at 2:30pm

Sir lastnail wrote on Sep 29^th, 2010 at 1:16pm:

aussiefree2ride wrote on Sep 27^th, 2010 at 12:33pm:

OP "THE salaries of some top-100 chief executives rose during the global financial crisis as their companies bled."

Has the penny dropped yet?
Top execs are in highest demadd during hard times.
That`s what`s commonly termed, a "NO BRAINER".

And its all based on going into more and more debt.

You're right, you don't need many brains to work that out. But to be paid more for it, WTF !!

We`re not talking about the ALP here.

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Sir lastnail

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Re: Bad Times Are Still Good For Company CEOs.
Reply #18 - Sep 29^th, 2010 at 11:55pm

aussiefree2ride wrote on Sep 29^th, 2010 at 2:30pm:

Sir lastnail wrote on Sep 29^th, 2010 at 1:16pm:

aussiefree2ride wrote on Sep 27^th, 2010 at 12:33pm:

OP "THE salaries of some top-100 chief executives rose during the global financial crisis as their companies bled."

Has the penny dropped yet?
Top execs are in highest demadd during hard times.
That`s what`s commonly termed, a "NO BRAINER".

And its all based on going into more and more debt.

You're right, you don't need many brains to work that out. But to be paid more for it, WTF !!

We`re not talking about the ALP here.

Nup we're talking about banks borrowing money on the foreign markets and lending it out to punters so they can purchase over priced property in a property bubble. That doesn't take much skill does it ?

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"If you take out Saddam, I guarantee you that it will have enormous positive reverberations on the region..." - Benjamin Netanyahu in 1995

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Anneb

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Re: Bad Times Are Still Good For Company CEOs.
Reply #19 - Sep 30^th, 2010 at 10:05am

aussiefree2ride wrote on Sep 27^th, 2010 at 12:24pm:

Anneb wrote on Sep 27^th, 2010 at 10:25am:

aussiefree2ride wrote on Sep 24^th, 2010 at 6:33am:

Sir lastnail wrote on Sep 24^th, 2010 at 1:01am:

aussiefree2ride wrote on Sep 23^rd, 2010 at 8:06pm:

Is this the salary envy thread?

yeh but when it comes to minimum wage earners $25 per week pay rise is way to much !!

The cost of living is escalated by wage rises, which directly or indirectly result from union "action" (inter union member competition) while the unions bludge a living off their members. Time to wake up and smell the bludgers.

If this is the case then we should all stagnate our wages, live well below our means and obviously, get rid of the unions. But, pretty sure that the majority on here would object to the latter

In the most essential respects, real wages are declining, the cost of housing, the cost of basic domestic essentials and outgoings are rising overall. While a normal family could once live well on one average wage, nowdays this isn`t possible.

What happens when everyone gets a wage rise? Prices rise accordingly, and we are back where we started from, hopefully. Who wins? - Only the unions, who get a free ride, and overseas competitors, NOT THE WORKER!

have to agree in most respects with you on this one. Its the concept of relativity. 20 years ago a house costing $120,000 is now at $600,000, however, 20 years ago a wage would have supported this buy and today the same relative wage would support a $500,000 property investment.
I think its more the concept of the average wage that is declining, i wouldnt say wages in general. These days its more about specialty and education, if you want to earn well, you have to have a backing through education that allows you to even be considered for a job that comes with a neat income.
These days, if you havent gone to uni, or had the experience needed to push you further than an average wage is all you will be able to achieve, and the fact that more people are going to uni, is pushing the average wage down

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