Annual salary
Scenario 1
CEO 20 million
Middle Managers 18 million
Workers 16 million
Scenario 2
CEO 1 million
Middle Managers 800 000
Workers 600 000
Scenario 3
CEO 100 000
Middle Managers 80 000
Workers 60 000
Scenario 4
CEO 50 000
Middle Managers 48 000
Workers 46 000
You can have other scenarios.
Saturday, April 11, 2009
Monday, April 06, 2009
Let companies fail, just bail out the workers
Yes, let companies fail, just bail out the workers. Give workers severance bonus pay until they get another job or for the rest of their lives depending on age and other factors. Why should executives be give such unrealistic bonus payout for the rest of their lives? Companies need to keep up with change.
If new jobs cannot be created, then give them each a mini farm.
If new jobs cannot be created, then give them each a mini farm.
Understanding Arguments
You now know the difference in wages. You are told that the people at the top need to be paid a lot so that they can create and maintain companies and give you a job. You are to be grateful and thankful for that job, without it you will starve. You have to be efficient so that the company can make money and survive. You have to work hard so that the company can make money and continue giving you that job. You must be grateful for the little salary they give you. You must be grateful ....for the little salary they pay you.
Sunday, April 05, 2009
Cheaper resorts along the beach front
Most resorts along the beach fronts are too expensive for the average wage earners.
How to prevent WWW 3?
This has to be an initiative either by Governments or by individuals.
Create mini farms for all those who do not have a job.
For countries with a small land mass, build multi-storey mini farms.
If governments do not want to do it, individuals have to take the initiative.
Teach people how to grow vegetables and rear chickens, ducks etc.
Don't wait until tomorrow, do it today.
The best thing that Barack Obama and all governments can do today, is to announce this initiative.
These mini farms cannot be traded.
Create mini farms for all those who do not have a job.
For countries with a small land mass, build multi-storey mini farms.
If governments do not want to do it, individuals have to take the initiative.
Teach people how to grow vegetables and rear chickens, ducks etc.
Don't wait until tomorrow, do it today.
The best thing that Barack Obama and all governments can do today, is to announce this initiative.
These mini farms cannot be traded.
Learning about salary mathematics
Here are some calculations to compare salaries :
10 000 000 / 50 000 = 200
The above example shows that if an individual earns 10 million a year compared to a worker who earns 50 000 a year, that individual who is earning 10 million a year is earning 200 times more than the worker who is earning 50 000 a year.
1 000 000 / 50 000 = 20
The above example shows that if an individual earns 1 million a year compared to a worker who earns 50 000 a year, that individual who is earning 1 million a year is earning 20 times more than the worker who is earning 50 000 a year.
250 000 / 50 000 = 5
The above example shows that if an individual earns 250 000 a year compared to a worker who earns 50 000 a year, that individual who is earning 250 000 a year is earning 5 times more than the worker who is earning 50 000 a year.
Why is it that companies that have been prosperous over the years have no capital left in their company?
This is because, some CEO s being "smart" as they are, are paying themselves the maximum they can until their company have no more capital left in their company. So what are they going to use as collateral when they borrow from the bank, only the companies' assets.
It is true that some companies which are expanding all the time will have no capital left in their company.
It is also true that companies that had huge capital reserves in the past had been raided for their capital reserves, so why would companies want to keep capital reserves in their company?
How do you differentiate crooks from genuine business failures?
Before a company is allowed to go into bankruptcy, a few things to examine :
salary remuneration to their top executives,
conflict of interest in the companies, etc.
so how to device regulations that show that because salary remuneration is excessive and not in the interest of the company that caused the company to go bankrupt.
It is always a case of integrity versus the crook... cases of police chasing after the criminal. What is criminal and what is not? Some are clear cut but many are not.
Capitalism and the poor worker ... more on this later
10 000 000 / 50 000 = 200
The above example shows that if an individual earns 10 million a year compared to a worker who earns 50 000 a year, that individual who is earning 10 million a year is earning 200 times more than the worker who is earning 50 000 a year.
1 000 000 / 50 000 = 20
The above example shows that if an individual earns 1 million a year compared to a worker who earns 50 000 a year, that individual who is earning 1 million a year is earning 20 times more than the worker who is earning 50 000 a year.
250 000 / 50 000 = 5
The above example shows that if an individual earns 250 000 a year compared to a worker who earns 50 000 a year, that individual who is earning 250 000 a year is earning 5 times more than the worker who is earning 50 000 a year.
Why is it that companies that have been prosperous over the years have no capital left in their company?
This is because, some CEO s being "smart" as they are, are paying themselves the maximum they can until their company have no more capital left in their company. So what are they going to use as collateral when they borrow from the bank, only the companies' assets.
It is true that some companies which are expanding all the time will have no capital left in their company.
It is also true that companies that had huge capital reserves in the past had been raided for their capital reserves, so why would companies want to keep capital reserves in their company?
How do you differentiate crooks from genuine business failures?
Before a company is allowed to go into bankruptcy, a few things to examine :
salary remuneration to their top executives,
conflict of interest in the companies, etc.
so how to device regulations that show that because salary remuneration is excessive and not in the interest of the company that caused the company to go bankrupt.
It is always a case of integrity versus the crook... cases of police chasing after the criminal. What is criminal and what is not? Some are clear cut but many are not.
Capitalism and the poor worker ... more on this later
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