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Visionary
Posts: 4278
| Hippocrates take money away from workers and give to Boss
http://www.cyrilhuzeblog.com/
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Cruiser
Posts: 188
| "Harley reported a $146.5 million profit in 2010, compared with a $55.1 million loss in 2009."
Seems to me the CEO of HD steered the motor company to bring in 200 million in 2010 over 2009... The 6.4 million the CEO made is chump change and worth every penny respectively.
Sorry many, the demand for good CEOs is high, they are responsible for multi-billion dollar decisions, most bust there ass like you would not believe and often sacrifice there personal lives for the company... This makes them worth every penny in many cases.
I will start agreeing that CEOs are over paid when we stop over compensating professional athletes, rock stars, and actors, and start compensating those leading science and engineering in the same fashion pro athletes are compensated today. |
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Cruiser
Posts: 189
Baltimore, Md | I'm not sure what your inclusion of the father of Western medicine has to do with this little 'workers-of-the-world-unite' commentary. Except maybe to show the depth of understanding of the subject. |
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Iron Butt
Posts: 732
Western WA | I'll stop saying CEOs are overpaid when the men and women in our military - who work their asses off and make REAL sacrifices - are paid according to their worth.
For that matter, throw in the police, medics, and firefighters that risk their lives for us every day.
I could give a rat's ass what Harley pays their CEO. That's up to the stockholders.
But sympathy? Sorry. That's in short supply for CEOs and corporations. |
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Visionary
Posts: 1359
New Bohemia, Va | I'm not sure that I really care. It is something way above my head and not in my lane to worry about. I don't make the decision for them to get that kind of money or not even if I thought is was ridiculous... |
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Tourer
Posts: 367
Cottage Grove, Mn | john frey - 2011-03-15 10:46 AM
Hippocrates take money away from workers and give to Boss
http://www.cyrilhuzeblog.com/
Polaris Record Profit Sharing. In 2010 Polaris delivered strong performance and posted record results with sales of $1.99 billion. More than $13.6 million of the company?s 2010 profits will be shared among approximately 2,250 hourly and non-salaried Polaris employees in a cash payment. On average, each of these employees will receive nearly 19 percent of their annual pay base. Polaris also will distribute profit-sharing payments to each of its full time salaried employees. Additionally, all Polaris employees will participate in the distribution of $8.1 million worth of Polaris stock that is contributed to their retirement plan.
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Cruiser
Posts: 188
| What I don't understand is what everyone has against CEOs and their level of compensation. You take on more responsibility, you get paid more. Thats capitalism. The more responsibility you take on, often the less personal life you have, the more compensation one is offered for the job.
When your all the way at the top of a publicly owned company making multi million dollar decision, good or bad, shouldering the burden of keeping the share holders and the employees happy, while producing quality products, you just going to make more... I could go into management and make a lot more money, but I don't enjoy that level of responsibility, so I stay on the technical side of things, not as much money or responsibility.
When a CEO makes a mistake, it could kill a company and severely effect all those who own stock and or work for the company. When you average laborer, engineer, mechanic, millwright, fitter, electrician make a mistake, its seldom a enough to kill a company, it might cost money to repair the mistake but its very seldom enough to kill a company.
My questions to those who don't like CEOs level of compensation is, would you completely sacrifice your privet and personal life for your job? Are you will to accept the consequences good or bad for steering a company into the future? Could you handle closing the doors if you made the wrong choices? Are you willing to sacrifice you family like for the job?
I already agree there are many jobs in the government and medical fields that are under compensated, such as those in the military, teachers, EMS, some cops, correction officers, ect. You typically don't make much money working for the government, and you can only tax people so much. Our military does a great job at protecting our way of life so all Americans have the opportunity to make something for themselves. Maybe instead of bitching endlessly about CEOs pay, strive to take on the responsibility and climb the ladder, earn that level of compensation for yourself. |
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Iron Butt
Posts: 785
Mt. Vernon, WASH. | YEAH! What have you got against CEO's for companies like Goldman-Sachs who came within a cup of coffee from bankrupting the entire economy, and then lit out with several hundreds of Millions in 'compensation'. Or the 'on the job for 21 days' CEO of Washington Mutual who drove the bank into the dirt and had to 'settle' for around $45 million, poor baby-
When it comes to sympathy for those bandits, I figure 'SYMPATHY is between SHIT and TOUGH' in the dictionary. Hunt 'em down and put them in prision for 345 years each. And lets let them share their cell with the bought and paid for 'elected Congressional representatives' who are supposed to be working FOR you not against you.
In my career, as an aircraft mechanic, if I screwed up it was on your local front page under the headline '267 dead in crash of airliner' and I'd go to Federal Prison for a minimum of 10 years, these jerks rob everyone blind and get a ticker tape parade!?! Like they say in the South, 'handcuff him to the rebar and pour the new jail on that boy'. |
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Tourer
Posts: 576
, IA | Ya and they make millions when the company fails ain't that golden |
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Cruiser
Posts: 188
| Thats hardly an argument. Just like everything else you have the good and the bad.
Good CEOs (Allen Mually) and bad CEOs (Goldman-Sachs)
Great fitters, and lousy fitters
Good mechanics, and shitty mechanics
Awesome Electricians, and horrible electricians
Fantastic Engineer, and awful engineers.
Good Bosses and bad bosses
Great Bartenders and lousy bartenders
And the list goes on and on...
Instead of punching keys, do something about it.
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Puddle Jumper
Posts: 48
Simpsonville, SC | Interesting Victory discussion |
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Tourer
Posts: 446
East TN | Kelvininin - 2011-03-15 12:57 PM ..... I will start agreeing that CEOs are over paid when we stop over compensating professional athletes, rock stars, and actors, and start compensating those leading science and engineering in the same fashion pro athletes are compensated today. Well said, why do we compensate people for playing a GAME or playing a different role??? |
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Puddle Jumper
Posts: 29
| It's well known that Harley got bail-out money from the gov't when all the others did because they were deemed 'to big to fail'. So...how much does that corrispond to these profits and therefore why does the CEO deserve anything other than he must have been a good salesman to the politicians. |
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Visionary
Posts: 1359
New Bohemia, Va | who really cares about this stuff??? It's harley, and it's about stuff that is not about motorcycles, politics.
How about going over and posting about why you ride, or your first ride, don't let the cabin fever get to you, you'll be riding soon... |
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Cruiser
Posts: 64
St. Louis, MO United States | Would anyone that's thinks this bonus is wrong turn it down if it was them receiving the bonus?
When did making money become a sin in this country? I have a small business and dream of the day I could cash in like that. I wonder why the leaders of the labor unions salaries and bonuses are not made public?
Now before some of you jump on me about unions, I am not against them and they protect the workforce but whats good for the goose...
Just saying  |
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Cruiser
Posts: 77
| Hippocrates was a Greek physician born in 460 BC on the island of Cos, Greece. He became known as the founder of medicine and was regarded as the greatest physician. Hippocrite: a person who puts on a false appearance of virtue or religion. Didn't know they had physicians at Harley. Then again maybe they would have better motorcycles!! But then again Harleys are ancient!! LOL
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Cruiser
Posts: 189
Baltimore, Md | tymwrp - 2011-03-17 8:06 AM Hippocrates was a Greek physician born in 460 BC on the island of Cos, Greece. He became known as the founder of medicine and was regarded as the greatest physician. Hippocrite: a person who puts on a false appearance of virtue or religion. Didn't know they had physicians at Harley. Then again maybe they would have better motorcycles!! But then again Harleys are ancient!! LOL Possibly you missed reply #2.  
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Cruiser
Posts: 77
| Just wanted to add a little more humor to the subject matter.
Edited by tymwrp 2011-03-17 3:10 PM
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Iron Butt
Posts: 742
North Orange County CA | I see nothing wrong with management learning a little from the ancient greeks, they do so love to quote Lao Tzu and Machiavelli, perhaps learning a little Hippocrates wouldn't hurt them for a change.
They could start with "First, do no harm!" |
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Tourer
Posts: 423
northwest florida | the word you want is hyp?o?crite..not hippocrates
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Cruiser
Posts: 199
Salt Lake City | Hyp.o.crite \hi-'pa-kri-t: noun: one who rides a Harley Davidson mortorcycle, feigning to be what one is not; the false assumption of an appearance of a virtuous motorcycle rider. Also: false, deceptive, pretentious, artificial, double-dealing, mealy-mouthed, two-faced, unctuous, insincere. Characterized by hypocrisy.
And you people expect their CEO to do what?!?!
(In case you're wondering, I'm just your (much better than)average sarcastic high school English teacher who did a lot of drugs in the 70's and has been afflicted by 16 yr. olds for 32 yrs. These backhanded comments are not my fault.)
Edited by wilsondude 2011-03-18 10:11 AM
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Cruiser
Posts: 152
Litchfield Park, AZ | Interesting thread. For those that think Kelvininin is way off base, I ask why y'all don't just go and sign up for that CEO job?.....afterall ANYONE can do it, right? All ya gotta do is take the job, screw around for a couple months, make a bunch of dumb decisions and then leave with millions. Seems like a pretty easy gig.....no stress and lots of money and power.
Capitalism-I see how "We" or "They" pay athletes/rock stars/movie stars....etc, and then I see posts talking about teacher's/police/military salaries. Now, who exactly is this "We" and "They"???? Oh, yeah, that would be EVERYONE....including "YOU" and "Me". Now, refresh my memory real quick: did I miss the memo on my next installment payment that I have to make to Tiger Woods? I certainly saw my last property tax bill that pays those salaries of public employees like police/military...etc. Market dynamics dictate income.....if you don't like yours then do something about it....or quit crying....and why, why, why, why, do people "player hate" another person because of what they happen to make? If someone offered you 3 times your current income to do your job would you turn it down?
Choices-I chose to work in a management field. It comes with some pretty good things and it also comes with some things I really hate. I don't get to choose to only take the good and ignore the bad. I come from a union family and could have taken that path if I wanted....it just wasn't me. They have things they love about their careers and things they hate about their careers.....that's HOW LIFE WORKS.
Now back to our regularly scheduled narrow views of the world..... |
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Tourer
Posts: 423
northwest florida | Now back to our regularly scheduled narrow views of the world.....
is that why I hear static? my tuner is off channel...or could be the paint chips I ate as a kid. |
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Cruiser
Posts: 140
| CEOs all belong to the board club-they all sit on each other's boards, and they control the purse strings. |
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Tourer
Posts: 494
Akron Ohio area | FROM 1980 to 2003, the average compensation of an American chief executive at a top 500 company rose by a factor of about six. The average compensation for the chief executives of these top companies reached roughly $11 million a year, including the value of options. No other country pays so much. For instance, American chief executives received roughly four times what their Swedish counterparts in comparably sized companies did and 3.1 times that of a Japanese chief at a comparably sized company.
Not surprisingly, many people think the American executives are overpaid. Their salaries are set by corporate boards, often filled with insiders or friends. Salaries for the top executive are far from transparent, especially when stock options and complex compensation plans are used. Nor is pay always linked to performance. Kenneth L. Lay received a salary and bonus of more than $8 million plus perks in 2000, less than a year before Enron's collapse. |
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Hippocrates at Harley