Innocent question on how business works.

[anonymous23456]

I'm going to start with saying "life is not fair and deal with it". OK. With that said, when did we invent the concept of "upper management".

If you are an owner of private business, you can say "I'm paying myself 1 million and the rest of you 50K". That's fair. You put your money on the line and do whatever you want.

For a corporation, the CEO says "I'm paying myself 20 million and the rest of you 50K. The board of directors approved it". Who are these people? Did they put the money on the line and started this business? No. So who are the owners? Mostly 401K and some big investors? No one is accountable?

 

[eats packages]

I think of the same thing when they go for the 70-hour rule.

 

[Babagounj]

The stock holders are the owners.

 

[Wally]

The stock holders are the owners.

Some just own more than others.

Who owns the most shares of UPS?

 

[zubenelgenubi]

I'm going to start with saying "life is not fair and deal with it". OK. With that said, when did we invent the concept of "upper management".

If you are an owner of private business, you can say "I'm paying myself 1 million and the rest of you 50K". That's fair. You put your money on the line and do whatever you want.

For a corporation, the CEO says "I'm paying myself 20 million and the rest of you 50K. The board of directors approved it". Who are these people? Did they put the money on the line and started this business? No. So who are the owners? Mostly 401K and some big investors? No one is accountable?

The board of directors are generally shareholders, and are selected by the shareholders.

 

[burrheadd]

Carol owns this muthaa and she’s putting up with zero BS

 

[burrheadd]

Some just own more than others.

Who owns the most shares of UPS?

Jan 6 committee coming down hard on your boy

 

[burrheadd]

Jan 6 committee coming down hard on your boy

You watching this DIDO got a bad feeling Orangeman going down

 

[MECH-lift]

I love my beard!

 

[Wally]

Jan 6 committee coming down hard on your boy

Lol, the cast of Democrats hacks, plus Liz Cheney who is such a hack, her own party just threw her out.

 

[burrheadd]

Lol, the cast of Democrats hacks, plus Liz Cheney who is such a hack, her own party just threw her out.

Repubs could have participated they chose not to

 

[DriveInDriveOut]

Jan 6 committee coming down hard on your boy

You watching this DIDO got a bad feeling Orangeman going down

Repubs could have participated they chose not to

 

[Babagounj]

Jan 6 committee coming down hard on your boy

A 1,000 page report, most will only read the headlines.
Meanwhile GOP 'shadow group' has focused its attention on the actions of Capitol Police's 'negligence,' trying to give an alternative narrative for the 2021 attack on the Capitol building.

 

[Yolo]

Most of the people at the top were born at the top. CEOs rarely work their way up from the mail room to the board room. They started in the board room. Their daddy was a CEO of some fortune 500 company. He makes some calls and daddy's little boy is on the board of UPS. It's all one big circle jerk and you are not invited.

 

[MECH-lift]

How come UPS doesn’t do undercover boss?

 

[MECH-lift]

Most of the people at the top were born at the top. CEOs rarely work their way up from the mail room to the board room. They started in the board room. Their daddy was a CEO of some fortune 500 company. He makes some calls and daddy's little boy is on the board of UPS. It's all one big circle jerk and you are not invited.

Don’t forget free office lunch with the corporate card everyday

 

[Returntosender]

Some just own more than others.

Who owns the most shares of UPS?

Casey trust

 

[JL 0513]

Most of the people at the top were born at the top. CEOs rarely work their way up from the mail room to the board room. They started in the board room. Their daddy was a CEO of some fortune 500 company. He makes some calls and daddy's little boy is on the board of UPS. It's all one big circle jerk and you are not invited.

99.9% of CEOs are the 1st in their family. Try again.

 

[Yolo]

99.9% of CEOs are the 1st in their family. Try again.

Are you illiterate?

 

[JL 0513]

I'm going to start with saying "life is not fair and deal with it". OK. With that said, when did we invent the concept of "upper management".

If you are an owner of private business, you can say "I'm paying myself 1 million and the rest of you 50K". That's fair. You put your money on the line and do whatever you want.

For a corporation, the CEO says "I'm paying myself 20 million and the rest of you 50K. The board of directors approved it". Who are these people? Did they put the money on the line and started this business? No. So who are the owners? Mostly 401K and some big investors? No one is accountable?

CEO's make what they make because companies have to compete for the limited amount of people that have what it takes to run a major corporation. Not because the work itself is worth 10's of millions a year. Just like the best pro athletes aren't worth $20-$50M a year to play a game, but there's so few of the best that teams pay what it takes to acquire them.