- Thread starter Bill(Wis)
- Start date
tomstractorsandtoys
Well-known Member
I wonder what year that Deere first has 19 million in total sales? Farming and business has really changed since then. Tom
David from Kansas
Well-known Member
Don't see anyone in Kansas complaining about bill self annual salary of over 7 million.
60k plus heath insurance and other benefits is a pretty darn nice living. Might be well over $75k actual when all the fringes are truly added up.
Wish I could achieve tha year in and year out, go home and have no work worries besides.
But Im very happy where I am, so I dont begrudge them a good living. I do kinda grumble at folk that have it nice and still make a fuss complaining, but thats just human nature I guess.
When you like where you are at you have a hard time being green monster envious of others. When you dont like where you are you can Either change things or you can be bitter and try to tear others down.
Up to you I guess.
Paul
Wish I could achieve tha year in and year out, go home and have no work worries besides.
But Im very happy where I am, so I dont begrudge them a good living. I do kinda grumble at folk that have it nice and still make a fuss complaining, but thats just human nature I guess.
When you like where you are at you have a hard time being green monster envious of others. When you dont like where you are you can Either change things or you can be bitter and try to tear others down.
Up to you I guess.
Paul
Of course, if you are complaining about the ceo getting money, I guess they could eliminate his position and then each employee would get an extra $267 a year, minus taxes of course. Im sure its well worth being green monster envious over 2 tanks of gas a year!
As the company falters without a head, there could then be less and less employed in future years and Im sure that would be even better?
Perspective.
Paul
As the company falters without a head, there could then be less and less employed in future years and Im sure that would be even better?
Perspective.
Paul
Bruce from Can.
Well-known Member
- Location
- Woodville, Ontario, Canada
That means the average employee would get $223.00 per day, before taxes. Divided by 8 hours $27.85/hour. Might not look so hot if you are paying a mortgage and raising a family.
BarnyardEngineering
Well-known Member
- Location
- Rochester, NY
Why does it happen? Because presumably the money brought in under the CEO's leadership far exceeds the salary paid.
A CEO that can successfully lead a company to bring in billions is worth millions.
When a company hits hard times and starts letting people go, the first thing people want to know is, how come the CEO doesn't give up his salary to keep people employed? After all he's earning millions while 1000's of people are losing their jobs.
A million dollars will keep about TEN people employed. So let's say Deere is laying off 5000 people because of an economic downturn. The CEO voluntarily cuts his salary to $1,000,000, leaving $18,000,000 to save jobs. So 180 people out of 5000 get to keep their jobs. Big whoop. A spit in the ocean.
$19 million is a lot of money for one person but it's not much when you split it across 75000.
A CEO that can successfully lead a company to bring in billions is worth millions.
When a company hits hard times and starts letting people go, the first thing people want to know is, how come the CEO doesn't give up his salary to keep people employed? After all he's earning millions while 1000's of people are losing their jobs.
A million dollars will keep about TEN people employed. So let's say Deere is laying off 5000 people because of an economic downturn. The CEO voluntarily cuts his salary to $1,000,000, leaving $18,000,000 to save jobs. So 180 people out of 5000 get to keep their jobs. Big whoop. A spit in the ocean.
$19 million is a lot of money for one person but it's not much when you split it across 75000.
The roller coaster of commodity markets.
Grains are up sharply, tho starting to dive back down now. Anyone had grain on hand from 2020 got a nice income in 2021.
2022 will be good as well, tho fertilizer, fuel, labor, parts, iron is all up sharply as well now so it wont be as good.
Future years are frightening with the high cost of everything now, and grain prices never stay high 3 years in a row.....
Tribune generally doesnt like rural Minnesota, so I would expect they massaged the statistics to support the worse view possible.
Paul
Grains are up sharply, tho starting to dive back down now. Anyone had grain on hand from 2020 got a nice income in 2021.
2022 will be good as well, tho fertilizer, fuel, labor, parts, iron is all up sharply as well now so it wont be as good.
Future years are frightening with the high cost of everything now, and grain prices never stay high 3 years in a row.....
Tribune generally doesnt like rural Minnesota, so I would expect they massaged the statistics to support the worse view possible.
Paul
Hey Bill, when you state I'm not criticizing or defending this. Just stating facts
I like that approach. Just like the old Dragnet Radio and TV Show, JUST THE FACTS lol
Nows its up to others to argue about, defend or criticize, of which there are plenty here, lots of opinions and all are correct I'm sure, it makes for fun reading.
Myself I never got a job from a poor man, don't begrudge achievers who work hard to succeed, and am reluctant to judge what any group, person or shareholders are willing to pay or what an employee is willing to work for (from CEO down to hourly).. I figure that's THEIR DECISION not mine, anyone here or big brothers. TO EACH THEIR OWN decisions of wages and salary and who else has the authority to tell anyone how much they should or should not be paid ??? If someone other than the employer or employee doesn't like the salary SO WHAT ........lol
Best wishes to all here, be safe take care and have a nice evening
John T One happy and contented camper
I like that approach. Just like the old Dragnet Radio and TV Show, JUST THE FACTS lol
Nows its up to others to argue about, defend or criticize, of which there are plenty here, lots of opinions and all are correct I'm sure, it makes for fun reading.
Myself I never got a job from a poor man, don't begrudge achievers who work hard to succeed, and am reluctant to judge what any group, person or shareholders are willing to pay or what an employee is willing to work for (from CEO down to hourly).. I figure that's THEIR DECISION not mine, anyone here or big brothers. TO EACH THEIR OWN decisions of wages and salary and who else has the authority to tell anyone how much they should or should not be paid ??? If someone other than the employer or employee doesn't like the salary SO WHAT ........lol
Best wishes to all here, be safe take care and have a nice evening
John T One happy and contented camper
The corporate structure in USA rewards stock holders (which is likely many of us, retirement fund Investments) with
short term end of this year gains. It does not reward long term business goals.
This rewards big flashy fireworks planning, not long term slow growth or loyalty for workers, suppliers, customers.
As well, big business has found out it is more profitable to buy out competition than to compete against it.
In the past there were times the govt opposed monopolies, but big govt and big business found likewise, they get
ahead by working together and getting bigger, not by fairly regulating.
It is what it is at this point, I grumble about it as much as anyone.
There really isnt anyone left to take our side of the issue any more. We get a few lone voices now and then, but big
business and big gov and big media seem to be more united and nothing ever comes of those voices.
We talk about it here on a forum like this, and it gets viewed as too controversial a topic and gets deleted..... so this
small business ends up helping big business/ gov/ media silence voices and speed up their own end.
Kinda ironically funny,
Paul
short term end of this year gains. It does not reward long term business goals.
This rewards big flashy fireworks planning, not long term slow growth or loyalty for workers, suppliers, customers.
As well, big business has found out it is more profitable to buy out competition than to compete against it.
In the past there were times the govt opposed monopolies, but big govt and big business found likewise, they get
ahead by working together and getting bigger, not by fairly regulating.
It is what it is at this point, I grumble about it as much as anyone.
There really isnt anyone left to take our side of the issue any more. We get a few lone voices now and then, but big
business and big gov and big media seem to be more united and nothing ever comes of those voices.
We talk about it here on a forum like this, and it gets viewed as too controversial a topic and gets deleted..... so this
small business ends up helping big business/ gov/ media silence voices and speed up their own end.
Kinda ironically funny,
Paul
It seems to be the same business model that all the big companies employ. 'If you want me, you have to pay me.'
My daughter was asked to interview with a competing company. When they asked how much she expected her salary to be, she gave them an inflated amount and they still wanted her and paid that amount.
My daughter was asked to interview with a competing company. When they asked how much she expected her salary to be, she gave them an inflated amount and they still wanted her and paid that amount.
You can thank Jack Welch for that. Before he tookover as CEO for GE and shipped a ton of jobs to China Big companies back then and GE is a perfect
example of this were proud of the way that they distributed their profits widely with employees, with their supply chains, and even with the
government.
Link to article where quote is taken from.
Untitled URL Link
example of this were proud of the way that they distributed their profits widely with employees, with their supply chains, and even with the
government.
Link to article where quote is taken from.
Untitled URL Link
Steven Allen
Member
There are two reasons to be interested in what someone else earns:
1) To gloat, if you earn more.
2) To feed your envy, if you make less.
Both are poisonous to you.
1) To gloat, if you earn more.
2) To feed your envy, if you make less.
Both are poisonous to you.
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