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(CNBC)   What passes for "reform" on Wall Street. Proxy advisory service: It's okay to pay the CEO of JP Morgan $23 million/year, but you really should cut his job responsibilites in half   (cnbc.com) divider line 9
    More: Asinine, health care proxy, Wall Street, CEO of JP Morgan, CEO, employee compensation, Jamie Dimon, JPMorgan Chase & Co., institutional investors  
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582 clicks; posted to Business » on 01 May 2012 at 10:32 AM (2 years ago)   |  Favorite    |   share:  Share on Twitter share via Email Share on Facebook   more»



9 Comments   (+0 »)
   
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2012-05-01 09:49:48 AM
Well, what an interesting bit of news that I'm sure are gonna cause all the hippies to take "action" that the rest of the world can promptly ignore.
 
2012-05-01 10:24:34 AM
thank god the proxy service rubber stamped the salary, otherwise jp morgan might have to ignore a completely non-binding shareholder vote against the salary.
 
2012-05-01 10:39:44 AM
Sounds fair after all when I got promoted I got 2 bucks more an hour with double the work.
 
2012-05-01 10:40:33 AM

thomps: non-binding shareholder


Non-binding shareholder votes should be illegal, all shareholder votes should be legally binding.
 
2012-05-01 10:43:49 AM

groppet: Sounds fair after all when I got promoted I got 2 bucks more an hour with double the work.


You got a raise? You lucky bastard.

At one of my last jobs, I was promoted twice while i worked there to two different positions and never got a raise.
 
2012-05-01 10:58:15 AM
Clearly Jamie will need a tax cut to offset the crushing depression he no doubt feels about this development.
 
2012-05-01 11:01:53 AM

FunkyBlue: groppet: Sounds fair after all when I got promoted I got 2 bucks more an hour with double the work.

You got a raise? You lucky bastard.

At one of my last jobs, I was promoted twice while i worked there to two different positions and never got a raise.


You guys need to learn how to negotiate. Step 1: Grow a pair.
 
2012-05-01 02:11:20 PM

Honest Bender: You guys need to learn how to negotiate. Step 1: Grow a pair.


Depends on the job. In food service, construction, and others, you may be risking your job just for broaching the issue.
 
2012-05-01 04:38:48 PM

luyseyal: Honest Bender: You guys need to learn how to negotiate. Step 1: Grow a pair.

Depends on the job. In food service, construction, and others, you may be risking your job just for broaching the issue.


well if they are having near-term profitability issues, can't you just have your shift manager give you stock options or non-monetary benefits such as a country club membership or company car? jeez, you shlubs need to get better at negotiating.
 
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