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<blockquote data-quote="Bagels" data-source="post: 1188888" data-attributes="member: 43436"><p>As I've written many times, I think the continued surge in executive compensation - at the expense of the working class - is sickening.</p><p></p><p>But let's be realistic. To those who feel FT drivers are entitled to 100% of the profit (which is mystifying, considering IBT-represented FT comprise less than 25% of the workforce): Upper management creates the blueprint that we build from. If we were to cap executive pay at UPS, the company simply would not attract strong enough talent to produce strong profits, let alone the record performances it's yielded in this economy. You know what will happen when UPS earns less? We will earn less.</p><p></p><p>I liken excessive executive pay to the excessive paydays given to athletes. If the New England Patriots decided that NFL salaries had reached the point of ridiculousness & that they would cap salaries at $50M, the team will handicap itself from ever being competitive & would eventually lose more money than had it maxed the cap. On the other hand, if people in Boston & throughtout the country stopped attending NFL games, stopped watching them on TV and found something to do besides fantasy football, salaries would go down.</p></blockquote><p></p>
[QUOTE="Bagels, post: 1188888, member: 43436"] As I've written many times, I think the continued surge in executive compensation - at the expense of the working class - is sickening. But let's be realistic. To those who feel FT drivers are entitled to 100% of the profit (which is mystifying, considering IBT-represented FT comprise less than 25% of the workforce): Upper management creates the blueprint that we build from. If we were to cap executive pay at UPS, the company simply would not attract strong enough talent to produce strong profits, let alone the record performances it's yielded in this economy. You know what will happen when UPS earns less? We will earn less. I liken excessive executive pay to the excessive paydays given to athletes. If the New England Patriots decided that NFL salaries had reached the point of ridiculousness & that they would cap salaries at $50M, the team will handicap itself from ever being competitive & would eventually lose more money than had it maxed the cap. On the other hand, if people in Boston & throughtout the country stopped attending NFL games, stopped watching them on TV and found something to do besides fantasy football, salaries would go down. [/QUOTE]
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