Re: [Amc-list] Sins

[adh@xxxxxxxxxxxxxxxxx (Sandwich Maker)]

" From: Don Johnson <donjohnson@xxxxxxxxxxxx>
" 
" Superimpose that wage line with the wage line of management and you begin to see where I believe the problem is. 
" Hold on while I get up on my soapbox.

let me join you...

" I believe there is no morality in today's boardrooms. I think they believe they deserve the compensation packages that they get. When the workers see what is happening with the bosses pay package, whether the company is doing well or not, they are more than reluctant to give up some of their wages to support that. 
" I read recently that some expert was saying that management compensation should be in the 40 times the average worker wage, but right now it is running near 400 times.

i think also that none of the upper mgmt has any sort of commitment to
the companies they manage.  they're trained to manage widgets - and
hey, it's all widgets, right?  gm's, ge's, hp's, verizon's...

" I was in the airline industry and when Continental Airlines was next to dead a man named Bethune took over and promptly declared that he would not take any compensation (except for $1 per year) until the airline made money. The employees saw what he was willing to do and they got behind him and turned the airline around. The workers need a leadership that is willing to share the pain and not just the gain.

the president of [iirc] bolivia did something like this too.  what's
doubly significant is that there's a federal law that no civil servant
can earn more than el presidente - so, instant pay cuts for the
bloated ministers too, and a measurable tax cut for the citizens.
[actually i think much of the savings is being redirected into
infrastructure - public health, schools, etc]  no surprise he's a
socialist, but he's putting his money where his mouth is.

" Maybe when the guy on the line begins to feel like he's part of team where everyone from the top down sinks or swims with the company, the answers to some hard questions will be different.

hear, hear!

" Getting down off the soapbox.
________________________________________________________________________
Andrew Hay                                  the genius nature
internet rambler                            is to see what all have seen
adh@xxxxxxxxxxxxxxxxx                       and think what none thought
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