Target CEO pay doubles.

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Even if you lower his pay and use that to increase hours, it’s only enough to give like 5 extra hours for the entire year. His salary isn’t the issue, it’s that they’re being stingy with the hours because of profits and they want to make the shareholders happy.
 
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Instead of a giant circle-jerk of complaints, I hope some of you realize if you increased your 401k contribution and put the majority of it into TARGET STOCK (PLUS your guaranteed 5% MATCH), you TOO would have been able to enjoy some of the 66% YTD INCREASE the company had!! Seriously.. every year its boo-hoo this and that... you can sit on the sidelines feeling butthurt for years on end, or you can simply INCREASE your contribution OR OPEN A ROBINHOOD ACCOUNT and buy your own damn TARGET Stock... seriously. Sucha buncha sore losers here when many have had YEARS to take advantage of the growth and instead decided to do nothing about it.

Its been like at LEAST 10 years people have been complaining about CEO pay.. either get with the program or keep sitting on your bums on the sidelines not taking advantage of the millions of $$$ pouring into stock prices. YOUR LOSS. Nobody else cares if you choose not to buy stock, we're ALL MAKING $$$.
 
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commiecorvus

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Instead of a giant circle-jerk of complaints, I hope some of you realize if you increased your 401k contribution and put the majority of it into TARGET STOCK (PLUS your guaranteed 5% MATCH), you TOO would have been able to enjoy some of the 66% YTD INCREASE the company had!! Seriously.. every year its boo-hoo this and that... you can sit on the sidelines feeling butthurt for years on end, or you can simply INCREASE your contribution OR OPEN A ROBINHOOD ACCOUNT and buy your own damn TARGET Stock... seriously. Sucha buncha sore losers here when many have had YEARS to take advantage of the growth and instead decided to do nothing about it.

Its been like at LEAST 10 years people have been complaining about CEO pay.. either get with the program or keep sitting on your bums on the sidelines not taking advantage of the millions of $$$ pouring into stock prices. YOUR LOSS. Nobody else cares if you choose not to buy stock, we're ALL MAKING $$$.

When you are not getting enough hours to pay your bills making a 401K contribution is not even on the horizon.
At one time unions forced companies to provide retirement funds for people.
That has gone away and the companies have destroyed those funds.

I'm sorry but it is a legitimate observation that the salaries of CEOs have skyrocketed while the workers have stagnated.
That isn't butthurt that is a fucking fact.
Also, no other country pays their CEO's at the rate we do.





Late stage capitalism is doing a number on all of us and we need some serious changes if we are going to survive this.
Chastising people for not putting money away that they don't have is not helping.
 
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Real question: how many of our shareholders shop at Target? How many shop for themselves? Guess who pays my rent...the guest. Guess who isn't a guest...the shareholder...I mean usually not at least. I know a few "shareholders" that have stock in our company but its a joke. It's like putting money in a savings account if you literally own a few shares lmao...no one gives a fuck about you as a shareholder at that point. Funny to me. If I'm wrong please educate me and I apologize. Anyway yeah...guests are our guests...shareholders are the higher ups guests. And yeah I say that facetiously.
 
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When you are not getting enough hours to pay your bills making a 401K contribution is not even on the horizon.
At one time unions forced companies to provide retirement funds for people.
That has gone away and the companies have destroyed those funds.

I'm sorry but it is a legitimate observation that the salaries of CEOs have skyrocketed while the workers have stagnated.
That isn't butthurt that is a fucking fact.
Also, no other country pays their CEO's at the rate we do.





Late stage capitalism is doing a number on all of us and we need some serious changes if we are going to survive this.
Chastising people for not putting money away that they don't have is not helping.
props for this post...the info is invaluable unlike our jobs apparently
 
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I just find it hilarious when all the ratios of CEO pay to workers is posted, then you IGNORE the fact that even if the CEO had a pay of ZERO $, and his current salary was redistributed, YOUR SHARE OF THE PIE WOULD BE A LOUSY $47... (as posted multiple times already) Sooo.. what does HIS pay have to do with yours?? Nothing. Your political ideology tells you it does, but the MATH shows you it DOESN'T. Most of his compensation is in company stock, NOT his W2 wage earnings...

Low IQ hourly wage slaves are so narrow minded they can only imagine punching a time-clock for a living. You completely disregard any other investments, like stock ownership, and then get outraged when people's earnings outpace yours. Its like getting mad at people for cleaning snow with a snowblower when you decide to do it manually with a shovel. If you're only looking at your hourly wage, and not taking advantage of the appreciating investments (or OVERALL compensation package, like increasing your yearly earning by 5% by doing the 401k), then the loss is on YOU because you're choosing to work harder for your income, instead of smarter. At least you get to punch out and call it a day.. look at the Execs that answer emails 24/7 and never get any peace... now imagine being a CEO responsible for almost 2,000 stores after a FAILED expansion into Canada... guess stocking shelves and being told what to do for a predetermined amount of time isn't the end of the world...

YOU wanted $15/hr and now you just about have it... but you continue to complain. WE warned you that hours would be cut and demands would be increased with higher wages, and you acted like a typical brain-dead liberal ignoring reality. Then automation came, JUST LIKE WE WARNED YOU ABOUT.. SMH!! You were smart enough to come across theBreakroom by googling it, but you're not smart enough to youtube/google financial advise?? There's unlimited amount of free information out there on how to make money with multiple income streams and you're still here outraged that you're moving snow by hand while others use plow trucks. LMAOO
 

commiecorvus

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I find it hilarious when people defend the ratios of CEO pay by trying to tie them the companies stock prices and of course, the classic, it would only be a few bucks if you divided to everybody.
Of, course they skip right over the fact that the CEO can make decisions that will effect how much that stock is worth, like stock buybacks instead of raises for their employees.
These screeds usually come with the standard insults to people's intelligence about how they should be investing or working a better job.
I've even seen people make these kind of bullshit comments about someone who couldn't afford their insulin because of the crap insurance and minimal hours offered by their job.
This is not a situation that working smarter will fix.
The charts I posted show how the CEOs in this country are paid way out of proportion with those in any other country.
There is no reason for that.
The rise in CEO salaries as compared to stagnation of the regular workers wages is a clear problem.
There is a clear problem right now in this country with the massive wealth disparity.
That has to be fixed and we need a safety net to help people like the kid who was running out of insulin while the CEO was making $46.30 a minute even when he was fucking his wife.
 
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In the end, they want to keep the wages low because it'll decrease the profits, and they don't want to disappoint their shareholders. A retired multimillionaire can buy a bunch of shares and make more money over the year sitting on their ass than an employee who busted their ass. That's capitalism.
 

commiecorvus

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Posted by "Commie"corvus... LMAO!! Ooookayy I think that says it all!! bwahahaha

I'm happy to admit my politics run in the neighborhood of democratic socialist with touches of anarcho-syndicalism.
I grew up with family who were old school communists so I know what that actually is and nothing I said is even close.
Unless you want think FDR was a commie.
(For those of you who don't know the story, my drink of choice is the Redraven which is commie=red, raven=corvus.)
 
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commiecorvus

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I ain't a commie but if Commissar-corvus ever sends you to gulag pls say hi to Brian for me

Dude, gulags are old school.
We are all about re-education camps now.
Actually I'd love to have give Brian one store to run with all the employees as part owners and everything major has to be done by consensus.
See how well he manages a syndicalist coop.
In case any of you want to say that it isn't possible to run a store that way my brother is one of the owner/workers of a bicycle shop in California that runs exactly that way and they do a couple million a year worth of business.
 

can't touch this

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In case any of you want to say that it isn't possible to run a store that way my brother is one of the owner/workers of a bicycle shop in California that runs exactly that way and they do a couple million a year worth of business.
Uh question, has a camera crew ever rolled in there and interviewed everybody? because I think I remember seeing that in a video in a college course I took

Or it might have been a bakery, idk. I remember it being a co-op and in Cali but that's it
 

commiecorvus

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Maybe, they have been around forever.
My brother has been a worker/owner there for, oh hell has it been that long, like 20 some odd years.

Edit, they did.
Back when insurance companies were fucking over small businesses by raising their health insurance rates because of AIDS (especially in Cali).
They were insuring all their people and the price jumped like 200%
They got together with all the small businesses in the area and told the insurance companies to fuck themselves.
They set up their own self funded system entirely which has been doing well for everyone ever since.
 
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HardlinesFour

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Real question: how many of our shareholders shop at Target? How many shop for themselves? Guess who pays my rent...the guest. Guess who isn't a guest...the shareholder...I mean usually not at least. I know a few "shareholders" that have stock in our company but its a joke. It's like putting money in a savings account if you literally own a few shares lmao...no one gives a fuck about you as a shareholder at that point. Funny to me. If I'm wrong please educate me and I apologize. Anyway yeah...guests are our guests...shareholders are the higher ups guests. And yeah I say that facetiously.
Guess What! I and my husband are both shareholders of Target, and I regularly shop our stores religiously!

What many of you will never understand is your retirement account probably consists of equities, as in stocks in companies! And many of you are in direct shareholders of the company through a index fund, or mutual fund you are invested in. Basically, anyone who actually has a retirement account - probably is invested in large, pubic companies like Facebook, or Target!

Secondly, as shareholders in these companies, I honestly would prefer that they well, than badly. You know, because, I'm actually counting on these companies to do well enough, so I can actually retire in my 60's. I have absolutely zero faith in Social Security giving me any money, to pay for common living expenses, so I realized years ago, I need to protect myself, and have my own safety net. Honestly, the peace of mind and well being I have, knowing we are safe and comfortable, beats anything else, we could actually spend the money with. I can't stress that enough.

Anyway. Like I said... it's people who have retirement accounts, that are the shareholders. MANY of our guests, are shareholders, and probably don't have a clue!
 

Tessa120

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When people speak of keeping the shareholders happy, they are referring to the few that hold so much stock that those few have majority vote in everything. Holding a few dozen shares means nothing in bargaining and negotiating power on how to direct the company.

And Great Recession. What little was done to prevent it was undone by companies wanting to play by the old rules.
 

redeye58

Hasta Ba Rista, Baby!
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My 401K consists of a mix of large/small, domestic/foreign stocks as well as cash & bonds spread out.
Company stock is less than 5% & I go in to adjust when it gets above that amount.
In early years when I ignored it Tgt stock took up nearly 70% & it was performing poorly at the time.
After that I dumped the majority of stock, diversified & it shot up.
I still only do 5% before tax as I can't afford any more & that's the max spot will match.
I also intend to work as long as I can since husband's consulting work is drying up.
We're lucky, tho; most of the younger kids I work with can't even afford to do the minimum & they're NOT big spenders.
 
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