Why do employees settle for less? CEOs and exec VPs making 100x-1000x times the average employee. Why do we make em’ so rich.
I mean if a company makes net income per headcount say $10M for instance , it does not make sense an employee average income is $150K, why don’t employees ask for $9M? Why should employees allow any more than 10% margin for employers
@ht Ge-z... another GenZ who has to be told everything, and spoon fed? A company does not determine anyone's worth... the individuals does. The individual is the person applying for a job... accepting the terms of the job... and can decide to leave that job anytime they determine they aren't being paid what they are worth.
If you actually understood what you wrote, by your logic, a company should be paying people more than they are worth to the company? A successful company would want to hire employees who create prob at least 3x if not 5x more value than they are being paid. The greater the contribution, the more the company is willing to pay.
But you know what? If you are worth more than what you are being paid, you are free to find someone who will pay you more.
@kh Wait till a tornado hits your house and then see who is being stupid about the wind chimes!
The Wind Chime guy will know something is up when all those wind chimes start slicing through his house.
But you will have no such warning.
Even more true if a supernova or black hole merger happens too close, and strips off the atmosphere. Wind Chime guy will get far more warning than you will get.
Who is the stupid loser then?
@kh You can tie your sounding rods together to play concerts for your relatives all you want, but kindly cease projecting your behavior onto others? Thanks.
@kg Wow, someone struck a nerve.
Let me guess, you have a yard full of wind chimes.
@kf appears to unfortunately be too shtupid to see the irony of his insulting someone’s intelligence while capitalizing the start of the second word in his sentence.
Fab much?
No wonder Intel can’t catch up. Look at the total wastes of space LBT has to weed out.
Common Sense is for stupid people, no different than owning a wind chime.
You think companies are fair and honest in telling you what your worth is ? If you think yes then God save you
Here’s the truth, companies will always always low ball you , pay you way less than your worth to them.
Another delusional GenZ. It's called you are paid what someone thinks you are worth. If you are worth $1M/yr... someone will pay you that amount... if you are worth $10/hr, that's how much you are worth.
Honestly, looking at how delusional each subsequent wave of workers, I don't know who would actually want to become a 1st or even 2nd line manager anymore.
Because we are too busy blaming H1Bs
Others coming in for less is exactly what is making top executives rich and leaving themselves poor. The rich rely on the poor to undercut each other and keep themselves rich. The working class needs to stand united to stop the looting by top 10%
@f6 So what opportunities did BK and PG see that working class didn’t see? To top it off further there was zero impact when these people left the company. So please stop telling me these people create value that justifies their high pay
@c1... common sense is really an over used term... it is limited to the things we all have in common like if its hot don't touch it... very little else is common between most people.
It is back to being an employers market. Turn down offers and see how many others will be coming in.
@f6 This is why the wealth distribution is not much different in any economic or political system.
Face it, most people are not capable of being Mark Zuckerberg, even if they can see what is possible.
Poor people are at an extreme but between the Lower 20% and the Upper 10% are a mass of people who are basically sheeple, born to be livestock. At the upper quartile of that mass of humanity are those who at least has enough motivation to become skilled at something, but even they rely mostly on what they have been trained to think, and see virtually every opportunity only in terms of risk of loss.
Calculate how many shares you need to retire if the price hits $150, then sit on that much stock and stop watching it while LBT is around.
Then reconsider why you left the ESPP and sold your RSU.
Ya Shoulda Bought The Stock!
The biggest difference between those at the top and the minions is the ability to spot and act upon opportunity. Really big opportunities happen all the time, but few are intellectually equipped to both see and act.
Most employees are not well educated in investing, and are selling the stock when they should be buying it. They don't understand how to spot what is starting to look like an epic run on the stock.
Instead they just make excuses and try to rationalize it away.
LBT even gave some advice on this, to stop looking at the stock. Watch it like a hawk when it is in a major decline, but otherwise focus on something else. Semis are as pro-cyclical as it gets, and there is a difference between volatility, retests and secular movement.
But it is a lot easier to focus on some random sports team and argue about some pointless manipulation of spherical objects.
One thing is for certain its an enormous scam.
@ce
Exactly, employers rely on the next guy willing to settle for less. But if that next guy is not willing to settle for less then employers have no option but to pay. This will work only when all of us refuse to settle for less. CEOs and Exec VPs know this very well.
This has to stop
We see this even within groups, managers survive by pitting employees against each other , playing favorites as and how they like.
Why do employees settle for less? Because they know there are thousands willing to settle for even lesser.
Capitalism depends on glutted labor markets.
@bx
You got common sense? Go do some math before accepting low ball offers
Go ask for your raise to $9 million and tell them you won't work until you get it. Or you could just quit and save everyone a lot of time.
Because they can. And because they cannot.