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FedEx CIO Robert Carter Pay Hikes 80%
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<blockquote data-quote="vantexan" data-source="post: 1012197" data-attributes="member: 24302"><p>No, but the drive to cash in with company stock is ruining the work lives of employees. This isn't the way it has always been, it's just what the corporate world has devolved too as bigger and bigger corporations employ a greater % of the workforce. And with the outsourcing of labor meaningful, well paid jobs are in short enough supply as is, so downsizing us to make a buck just magnifies the problem. It looks like it's time to legislate conditions for executive pay. Corporations are already regulated entities, subject to the oversight of the S.E.C. so I don't think it's a stretch to be able to regulate corporate officer compensation. Company execs are used to calling the shots but in a "one man, one vote" democracy our overwhelming numbers could force changes. If only our politicians weren't bought already.</p></blockquote><p></p>
[QUOTE="vantexan, post: 1012197, member: 24302"] No, but the drive to cash in with company stock is ruining the work lives of employees. This isn't the way it has always been, it's just what the corporate world has devolved too as bigger and bigger corporations employ a greater % of the workforce. And with the outsourcing of labor meaningful, well paid jobs are in short enough supply as is, so downsizing us to make a buck just magnifies the problem. It looks like it's time to legislate conditions for executive pay. Corporations are already regulated entities, subject to the oversight of the S.E.C. so I don't think it's a stretch to be able to regulate corporate officer compensation. Company execs are used to calling the shots but in a "one man, one vote" democracy our overwhelming numbers could force changes. If only our politicians weren't bought already. [/QUOTE]
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