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(Minneapolis Star Tribune)   Salaries up 26% over the last 12 months (for CEOs)   (startribune.com) divider line 114
    More: Obvious, salary  
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3432 clicks; posted to Main » on 31 Jul 2012 at 9:42 AM (2 years ago)   |  Favorite    |   share:  Share on Twitter share via Email Share on Facebook   more»



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2012-07-31 03:13:15 AM
Hey, if Romney get in, you CEOs can keep this up for another four years.

/maybe longer
 
2012-07-31 03:15:25 AM
The lamentations of your women. We shall hear them.
 
2012-07-31 03:15:40 AM
www.aaanything.net
 
2012-07-31 03:17:51 AM
Lo, how they've suffered.
 
2012-07-31 04:05:39 AM
This country is irredeemably f*cked.

These are the people we value above all others.
 
2012-07-31 05:27:18 AM
For the love of God, someone get these Job Creators a tax cut so they can make jobs with that money! They can't make jobs without tax cuts!
 
2012-07-31 09:44:38 AM
The Obama presidency has been very good for the wealthy.

In his next term he vows to work on the middle class.
 
2012-07-31 09:44:58 AM
They deserve that money. They put in the hard work and built those corporations from nothing. Without their leadership and vision...I can't ...I just can't. They do almost nothing, but they are paid quite well for that nothing.
 
2012-07-31 09:45:00 AM
Damn, mine's only up 9% over the last 12 months.

I'd kill(well maybe not kill, but perhaps talk strongly) for 26%.
 
2012-07-31 09:45:31 AM
Soon there won't be any money left for them to be given, and they will start demanding slaves
 
2012-07-31 09:45:39 AM
So, set a personal goal of becoming a CEO.
 
2012-07-31 09:46:50 AM
A blue state does it without farking up the tax system or slashing social welfare spending.
 
2012-07-31 09:47:09 AM
Boo hoo!
 
2012-07-31 09:47:14 AM

Cletus C.: The Obama presidency Republican obstructionism has been very good for the wealthy.

In his next term he vows to work on the middle class.


See how we can spin in both ways.

BSABSVTAPF
 
2012-07-31 09:47:19 AM
Hubby hasn't seen a raise (not even cost of living) in 6+ years. Me, I'm a freelancer so I never get raises.
 
2012-07-31 09:49:04 AM
I just accepted a pay cut (about 8 grand) but I get to stay here for a while longer. And Fark. I still get to Fark.

Funny thing is, as soon as I did, I started hearing from the head hunters and the people I sent resumes out to. It was almost as if the HR thugs in this company have some kind of link with the HR thugs in the other company. "Harry just accepted our offer. Go ahead and offer him a job now. Make it a really good offer with money AND benefits. If he takes you up on it, tell him "Oh so sorry. Too late. Offer's gone."

HR Thugs laughing
 
2012-07-31 09:49:11 AM
Corporate governance is systemically broken.
 
2012-07-31 09:49:15 AM
Salaries are up 26%, back to pre-2007 levels in Minnesota.

Subby be trollin'
 
2012-07-31 09:49:43 AM
If you weren't so farking lazy and stupid, you would be a CEO, or hedge fund manager, or private equity manager, too, and have billions and billions of dollars.

Lazy farks.

/Vote RMoney
 
2012-07-31 09:50:53 AM
This is an outrage! My salary has only gone up 15%...

Damn CEOs! Why do I bother to improve my skills and prove my value if I don't get a fair slice of the pie?

OCCUPY SOMETHING!
 
2012-07-31 09:51:29 AM
Now combine this revelation with the recently disclosed survey in which 48% of CEOs admitted that they fudge on earnings statements to investors and regulators and one begins to see what's really happening in this country.
 
2012-07-31 09:53:08 AM
Wow, they have done horribly under Obama... and probably most of these rich CEO's are now spending millions on PACs to get rid off Obama.
 
2012-07-31 09:55:10 AM
"Good news for the 1 percent," said V. John Ella, a Minneapolis attorney who specializes in executive compensation. "Hopefully, this portends the beginning of a true economic recovery for all."

Hopefully, this portends the beginning of CEOs getting the Mussolini Treatment
 
Skr
2012-07-31 09:55:23 AM
Reading the article is bit like staring into another world.

One part I saw that caught my eye-
"Lowest salary: Michael Reger, Northern Oil & Gas Inc., zero. (Under Reger's pay plan, he takes no salary and is compensated primarily through incentive stock grants.)"


Which, if I understand correctly, means the guy's pay is completely dependent on how well his company is doing. Unless there is some nefarious underlying portion to that, it sounds like a really awesome thing for a CEO to do.
 
2012-07-31 09:56:19 AM

Harry Freakstorm: I just accepted a pay cut (about 8 grand) but I get to stay here for a while longer. And Fark. I still get to Fark.

Funny thing is, as soon as I did, I started hearing from the head hunters and the people I sent resumes out to. It was almost as if the HR thugs in this company have some kind of link with the HR thugs in the other company. "Harry just accepted our offer. Go ahead and offer him a job now. Make it a really good offer with money AND benefits. If he takes you up on it, tell him "Oh so sorry. Too late. Offer's gone."

HR Thugs laughing


Human Resources are neither human or a resource.
 
2012-07-31 09:57:19 AM

Skr: Reading the article is bit like staring into another world.

One part I saw that caught my eye-
"Lowest salary: Michael Reger, Northern Oil & Gas Inc., zero. (Under Reger's pay plan, he takes no salary and is compensated primarily through incentive stock grants.)"


Which, if I understand correctly, means the guy's pay is completely dependent on how well his company is doing. Unless there is some nefarious underlying portion to that, it sounds like a really awesome thing for a CEO to do.


Methinks it has more to do with dodging taxes and making out like a bandit.
 
2012-07-31 09:57:40 AM
"Corporate welfare is totally fine bro." -Republicans
 
2012-07-31 09:57:50 AM

meat0918: Damn, mine's only up 9% over the last 12 months.

I'd kill(well maybe not kill, but perhaps talk strongly) for 26%.


Get a new job. The only time I've gotten boosts like that are from heading to a different company. Though a 9% raise per year is pretty nice, honestly.
 
2012-07-31 09:58:11 AM
Sgygus
Hey, if Romney get in, you CEOs can keep this up for another four years.

This literally happened under a Blue Team presidency, and you still manage to find a way to blame Red Team?


Lost Thought 00
Soon there won't be any money left for them to be given, and they will start demanding slaves

A significant portion of your labor currently goes to them as tribute. What's the difference?


Harry Freakstorm
I just accepted a pay cut (about 8 grand) but I get to stay here for a while longer.

Organize or don't whine.
 
2012-07-31 10:02:26 AM

Cletus C.: The Obama presidency has been very good for the wealthy.

In his next term he vows to work on the middle class.


So you are saying 'trickle down economics' does not work?
 
2012-07-31 10:04:52 AM
Any day now, that'll trickle down.
 
2012-07-31 10:06:08 AM
Proof positive that the Tea Party platform makes no sense. High unemployment + increased CEO salaries = cut taxes on the rich?
 
2012-07-31 10:08:59 AM
No raise this year, 3% last year, insurance cost up more than 3% so I came out even.
 
2012-07-31 10:10:17 AM

meat0918: Damn, mine's only up 9% over the last 12 months.

I'd kill(well maybe not kill, but perhaps talk strongly) for 26%.


Obviously, you need to work 15.6% harder.
 
2012-07-31 10:11:41 AM
Did anyone RTFA?
 
2012-07-31 10:13:25 AM

Bobo_Spiewack: This is an outrage! My salary has only gone up 15%...

Damn CEOs! Why do I bother to improve my skills and prove my value if I don't get a fair slice of the pie?

OCCUPY SOMETHING!


Lucky! My panhandling revenues have remained flat! Oh why oh why does society discriminate against freeloaders and bestow all good fortune on those whom others are willing to pay for their services?
 
2012-07-31 10:13:26 AM

RanDomino: Sgygus
Hey, if Romney get in, you CEOs can keep this up for another four years.

This literally happened under a Blue Team presidency, and you still manage to find a way to blame Red Team?


This stat isn't bad in and of itself, but is very bad within the context of the current economy. With that in mind, I'll stick with the team that isn't afraid of government regulation and progressive tax brackets. Seems pretty simple to me.
 
2012-07-31 10:14:13 AM
This is totally market based, right dbc and the other rich-dick-suckers? the demand for a great CEO has gone up, or the supply gone down?

It's not because the people who control the companies simply put themselves first (as everyone does, janitors just don't have the same effect if they sneak home some cleaning products) and act accordingly? No, that would be a conspiracy.
 
2012-07-31 10:15:04 AM
Anyone who didn't get a 26% increase last year probably just wasn't bootstrappy enough amirite?
 
2012-07-31 10:16:38 AM

Skr: Which, if I understand correctly, means the guy's pay is completely dependent on how well his company is doing. Unless there is some nefarious underlying portion to that, it sounds like a really awesome thing for a CEO to do.


Depends on how long he has to hold the stock. Otherwise, this just means like 95% of all the other CEOs he's only concerned with this quarter's stock price and to hell with the long term health of the company.
 
2012-07-31 10:21:21 AM

Debeo Summa Credo: Bobo_Spiewack: This is an outrage! My salary has only gone up 15%...

Damn CEOs! Why do I bother to improve my skills and prove my value if I don't get a fair slice of the pie?

OCCUPY SOMETHING!

Lucky! My panhandling revenues have remained flat! Oh why oh why does society discriminate against freeloaders and bestow all good fortune on those whom others are willing to pay for their services?


Everyone who isn't a CEO is a freeloader.
 
2012-07-31 10:21:29 AM
my income is so sporadic i have no idea if i am making more. i charge about a third more this year, and usually get it. so that's good.
 
2012-07-31 10:22:01 AM
And all was right with the world.
 
2012-07-31 10:26:41 AM

meat0918: Cletus C.: The Obama presidency Republican obstructionism has been very good for killing Osama bin Laden.the wealthy.

In his next term he vows to work on the middle class.

See how we can spin in both ways.

BSABSVTAPF


Why, yes I do.
 
2012-07-31 10:26:46 AM
Well, who are dipshiats who keep approving raises for the CEOS? It's not like they can raise their pay themselves.
 
2012-07-31 10:27:15 AM

Smackledorfer: This is totally market based, right dbc and the other rich-dick-suckers? the demand for a great CEO has gone up, or the supply gone down?

It's not because the people who control the companies simply put themselves first (as everyone does, janitors just don't have the same effect if they sneak home some cleaning products) and act accordingly? No, that would be a conspiracy.


Why did CEO pay decline for two consecutive years and then stay flat in 2010, as it says in the second farking line of TFA?

If the hike in pay in 2011 is evidence that CEOs put themselves first they've apparently farking done it wrong from 2008-2010.
 
2012-07-31 10:28:29 AM
Most CEOs deserve it, quite honestly.

Many of them are raking in record profits by making fewer employees do more work for less pay with little more motivation than a threat of losing their job, and they managed to convince half of us that it's the government's fault.

That's gotta be worth at least 26%
 
2012-07-31 10:29:27 AM

Debeo Summa Credo: Smackledorfer: This is totally market based, right dbc and the other rich-dick-suckers? the demand for a great CEO has gone up, or the supply gone down?

It's not because the people who control the companies simply put themselves first (as everyone does, janitors just don't have the same effect if they sneak home some cleaning products) and act accordingly? No, that would be a conspiracy.

Why did CEO pay decline for two consecutive years and then stay flat in 2010, as it says in the second farking line of TFA?

If the hike in pay in 2011 is evidence that CEOs put themselves first they've apparently farking done it wrong from 2008-2010. forever


FTFY
 
2012-07-31 10:29:41 AM

MayoSlather: They deserve that money. They put in the hard work and built those corporations from nothing. Without their leadership and vision...I can't ...I just can't. They do almost nothing, but they are paid quite well for that nothing.


Yes they do, while they reap vast rewards creating jobs when things are looking up, when everything tanks, they...um...reap vast rewards by firing people and getting a huge bonus.
 
2012-07-31 10:31:20 AM

meat0918: Damn, mine's only up 9% over the last 12 months.

I'd kill(well maybe not kill, but perhaps talk strongly) for 26%.


No raises for us as economy bad. :(
 
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