Why can't we have CEO's that appreciate their employees like the CEO of Whole Foods. Here is a portion of a company-wide memo explaining his compensation.
"This will be the third time we have raised our salary cap since we created one about 20 years ago. The original salary cap was set at 8 times the average pay. It was raised to 10 times the average pay in the early 1990’s and raised again to 14 times the average pay in 2000. This increase to 19 times the average pay remains far, far below what the typical Fortune 500 company pays its executives. As you can see from the following chart, the average CEO received 431 times as much as their average employee received in 2004, while the Whole Foods Market CEO (me) received only 14 times the average employee pay in cash compensation."
True or not (who the hell knows, you can't trust everything you see on the web), wouldn't this be a great idea? Let's get back to the time when corporations cared about more than just the bottom line, and actually had a stake in the communities they were in, and the people they employed were actually respected. No more off-shore accounts, no more outsourcing of jobs, no more exploitation of the illegal immigrant. What a better place, and dare I say- a stronger economy!
NewsTimes.com
This might help our economy
- Posted in the NewsTimes.com Forum
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“America's Lie Detector”
Joined: Jan 28, 2008
Comments: 702
Danbury, CT
ISP Location:
Danbury, CT
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“America's Lie Detector”
Joined: Jan 28, 2008
Comments: 702
Danbury, CT
ISP Location:
Danbury, CT
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come on, conservative or liberal you have to sort of agree... where are all you censorfree haters? I guess I should have thrown that in the title... I do have some rather rabid fans...:)
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Speaking of yourself in the third person! Hmmmmmm, you need a couch. Serious issues I suppose. Do us all a favor and get help. I think you may be dangerous. |
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“America's Lie Detector”
Joined: Jan 28, 2008
Comments: 702
Danbury, CT
ISP Location:
Danbury, CT
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Turf, rummaging through a weeks worth of posts to find one by me, then NOT comment on it is a sign that you have mental problems yourself. Wherein did I refer to MYSELF in the third person, by the way???
What is your obsession? |
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