“Have you ever been in a store that seemed to be run on a skeleton crew, can't find anyone to ask a question, long lines at the cash register? Not to mention the value of experienced, helpful, motivated staff, rather than minimum wage kids. Have you been put on hold, while a recording said "we are experiencing an unusually high level of call volume".
Bullshit.
If it were truthful, that recording would say:
"we are experiencing an unusually high level of executive compensation and consequently are not hiring enough people to run the business properly".
There are thousands of businesses across America that need more sales people, customer service reps, technical people, clerks, etc. but instead of hiring enough people to staff the counters and floors, the execs are choosing to pad their own pockets and raise their own pay, give themselves perks and bonuses, and run the companies on a skeleton crew.
"Downsizing" was the euphemism fat cat execs used to fire people, make the poor slobs left work two jobs for the price of one, and stick the money in their own pockets.
if all the executives were sick for the day, the business would still go on. If the sales floor staff didn't show up, it's all over.
For every $1,000,000 some yacht owning private plane flying CEO chooses to enrich himself with, he could have hired 30 people at $33,000 per,”
“WORK HARD-GET SCREWED
In the 1950s, one of the most prosperous (financially) decades in America, the ratio of CEO pay to that of the average worker was 25-1. By 2001 it was around 300-1. Since then, workers' productivity has exploded, as has the ratio of CEO pay, now around 500-1.
The thanks people got for working hard and doing a great job?
*they got fired, (downsized)
*the people left got to do 2 jobs for 1 salary
*businesses sent as many jobs as they could overseas
*while executives raised their salaries through the roof
and shareholders got rich
What if CEOs were required by law to share the benefits. They can make as much as they want, but only 25 times what the average salary of their company is, including perks and benefits.
It was good enough under Eisenhower.”
