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Recent content by GlabrousDory4

  1. GlabrousDory4

    Let's look at the Green New Deal being presented in Congress

    Oh, my bad...I thought you understood that my point all along is that overpayment happens regardless. That's why I didn't say that the company benefits...just that it happens in real life. And that indeed it happens in some ways possibly for non-economic reasons (despite lack of benefit for...
  2. GlabrousDory4

    Let's look at the Green New Deal being presented in Congress

    Then explain it again. Because it seemed to me that you were saying that if the company paid the $50K it would be the minimum wage they could pay even when it was made clear that they could pay $40K instead. 40<50. And there is literally NO REAL KNOWN VALUE for paying the extra $10k. There...
  3. GlabrousDory4

    Let's look at the Green New Deal being presented in Congress

    So then do you think that $50,000 < $40,000??? Your point doesn't make sense otherwise.
  4. GlabrousDory4

    Let's look at the Green New Deal being presented in Congress

    Where did I say the corporation benefits?
  5. GlabrousDory4

    Let's look at the Green New Deal being presented in Congress

    Ahh, thanks. What result are you talking about? You do realize that even as Rocks explained it, there is NO GUARANTEE that the extra $10K will get improved retention. It is a POSSIBILITY, not a guarantee. As such you cannot know if the $50K is by definition the most efficient use of the...
  6. GlabrousDory4

    Let's look at the Green New Deal being presented in Congress

    What does the phrase "...gets turn that result" mean? It is necessary in order to understand your point.
  7. GlabrousDory4

    Let's look at the Green New Deal being presented in Congress

    And yet there are a lot of Americans making minimum wage who are having difficulty providing food for their families. And there are a LOT of companies in the USA that pay the federal minimum of $7.25/hour. Go figure.
  8. GlabrousDory4

    Let's look at the Green New Deal being presented in Congress

    And, of course, Rocks explained that it was the idea of retention which you apparently took to be a guarantee of retention. No one (except a fool or a toddler) would assume that giving an employee $10K would "guarantee" a given retention term under the circumstances Rocks explained. That's...
  9. GlabrousDory4

    Let's look at the Green New Deal being presented in Congress

    Of course I gave you a benefit to overpaying them!!! It's called GREED. Sheesh! THINK! (Or do you honestly believe there are no people who will enrich themselves at the expense of others if given a chance?)
  10. GlabrousDory4

    Let's look at the Green New Deal being presented in Congress

    I believe the proper Conservative approach is to pay them as little as humanly possible and let the rest of the state's tax payers pick up the cost in welfare benefits for them (like some big corporations currently do). And then, as a good business owner, fight to get legislation that guts...
  11. GlabrousDory4

    Let's look at the Green New Deal being presented in Congress

    H. is making use of information that is not actually available. When one pays the extra $10,000 it is a gamble that it will pay off in longer retention of the employee. But that is not guaranteed. So H. is incorrect in assuming that the $50K salary is the lowest salary considering that it is...
  12. GlabrousDory4

    Let's look at the Green New Deal being presented in Congress

    Yup and that isn't how America is structured. In publicly traded companies obviously we can all see the pay/compensation for senior C-suite folks. But that's about it. It's also a pretty easy way to see that executives in the US are often grossly overpaid. Recently the same management who...
  13. GlabrousDory4

    Let's look at the Green New Deal being presented in Congress

    Why Aren't Wages Keeping Up? It's Not The Economy, It's Management
  14. GlabrousDory4

    Let's look at the Green New Deal being presented in Congress

    CEO compensation is set by compensation committees. Other CEO's of other companies are usually on these (part of the Board of a corporation). The idea is that they must attract the best and brightest but clearly there is a built-in incentive to inflate salaries because of the cross-pollination...
  15. GlabrousDory4

    Let's look at the Green New Deal being presented in Congress

    Yes it is. CEO's are massively overpaid. Ever hear of "golden handshakes"? I once saw a CEO forced out of a company for violation of ethics and he still got his multimillion dollar pay-out. I saw another CEO come into a company being paid millions upon millions of dollars and within about...
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