Archived I guess he got an O

[dannyy315]

Yeah....but, how exactly did profits rise? Were people spending more money or were employees hours cut?

Probably a combination of both. I hate the hour cuts, but if those decisions make the company more money, the top man gets rewarded for it.

But yeah, it's pretty shitty and unfair. He's basically taking money employees could've been making and putting it in his own pocket.

 

[DoWork]

I can't dislike the guy, but I can dislike the reason he's in a position like this: the stock market. It will be the downfall of our economy unless things change.

 

[IHeartCarts]

>cut payroll
>drive online sales
>profit

Being a CEO of a multiple billion dollar company seems pretty easy.

 

[PassinTime]

Yeah....but, how exactly did profits rise? Were people spending more money or were employees hours cut?

Primarily from cuts seeing as sales were up only 1.6%. Cuts to hours, requisitions for employees, cuts to benefits, cuts to corporate (think tech cuts earlier last year), outsourcing to India, extracting cuts in pricing from vendors for prominent product placement. Bottom line is the majority of the increase to profits was due to CUTS, not due to any big jump in sales.

 

[Hardlinesmaster]

Just before he hit the gym

There is a high gym at spot Corp.

 

[Kartman]

I like to get high before I hit the gym.

Cool.

 

[Flabbergasted]

Yay!!!! Brian gets rewarded for his employees literally starving and being unable to pay their bills. Now he can go buy another yacht and his TMs can wonder whether or not they'll survive another month. Don't you just love corporate greed????? I know I do!!!!!!!

/sarcasm

 

[The Dude Abides]

Yay!!!! Brian gets rewarded for his employees literally starving and being unable to pay their bills. Now he can go buy another yacht and his TMs can wonder whether or not they'll survive another month. Don't you just love corporate greed????? I know I do!!!!!!!

/sarcasm

We need to get this man a tax cut quick!

 

[NPC]

Was doing some math....

So, his wages aren't really that insane considering the actual profits of the company. Even if you took $5millon of Brian's money, and divided that amongst Target's 340,000 team members, according to Wikipedia, that would only give everyone about $15 extra dollars annually.

I dunno what that means, just a thought. Where the fuck does all this money go?

 

[dannyy315]

Was doing some math....

So, his wages aren't really that insane considering the actual profits of the company. Even if you took $5millon of Brian's money, and divided that amongst Target's 340,000 team members, according to Wikipedia, that would only give everyone about $15 extra dollars annually.

I dunno what that means, just a thought. Where the fuck does all this money go?

That's a good point actually. It's not as outrageous as everyone is making it out to be.

 

[signingminion]

That's a good point actually. It's not as outrageous as everyone is making it out to be.

How many TL headcount are we down from when he took over? I know we are 2-3 short from that point. Multiplied by the number of stores, plus the higher number from higher volume stores....thats going to take a chunk out of his pay raise if you subtract all those 40hr a week salaries.

Besides $15 might be the difference between getting to work this week or calling out because you can not afford a tank of gas....

 

[garbage]

That's a good point actually. It's not as outrageous as everyone is making it out to be.

A salary of $5,000,000 equates to a hourly wage of $2,403.85.
Yea... Not that outrageous at all
He basically makes what I make every two months in a single hour.
Oh yea, don't forget his TOTAL compensation of $16,000,000 which converts to hourly wage of $7,692.31 An hour.

 

[Kartman]

He basically makes what I make every two months in a single hour.

That pisses me the EFF off!

 

[dannyy315]

So what are we going to do, set a maximum wage?

 

[Kartman]

And therein lies the rub!

 

[commiecorvus]

So what are we going to do, set a maximum wage?

Actually Ben and Jerry's has as part of the corporate structure that the CEO can make 17 to 1 (when they started it was 5 to 1) over the lowest paid person in the corporation.
If the CEO gets a raise then so does the guy sweeping floors.
I don't see any reason why that can't be applied to every company.

 

[The Dude Abides]

Actually Ben and Jerry's has as part of the corporate structure that the CEO can make 17 to 1 (when they started it was 5 to 1) over the lowest paid person in the corporation.
If the CEO gets a raise then so does the guy sweeping floors.
I don't see any reason why that can't be applied to every company.

But then how will the CEO afford a fleet of gold plated yachts?

You lazy poor people just need to pull yourself up by your boot straps if you don't want to starve.

 

[recentlyretail]

Actually Ben and Jerry's has as part of the corporate structure that the CEO can make 17 to 1 (when they started it was 5 to 1) over the lowest paid person in the corporation.
If the CEO gets a raise then so does the guy sweeping floors.
I don't see any reason why that can't be applied to every company.

it cant be applied at every company because there aren't than many Ben & Jerry types in CEO positions .... It'd be nice tho.

 

[commiecorvus]

it cant be applied at every company because there aren't than many Ben & Jerry types in CEO positions .... It'd be nice tho.

Actually the 17-1 was initiated after they retired so they would be able to hire somebody (there was also an essay contest) when it was Ben & Jerry it was the 5-1.
And they get 3 pints of ice cream to take home a day.

 

[Kartman]

I wonder how obese they are, lol.

 

[commiecorvus]

I wonder how obese they are, lol.

I saw an article where one of the employees used his ice cream as barter to pay for his winter snow tires.
It's kind of like people who work in bakeries and chefs, you develop a refined palette and don't gorge out anymore than anyone else.

 

[Kartman]

I wouldn't be able to resist.

 

[Kick Shot]

Hah, if you spend 12 minutes a day in the rest room, equals 13 1/2 days of vacation per year.

 

[Kartman]

It's interesting how those numbers add up.