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Thread ID: 125500 2012-07-03 03:12:00 B....y Obscene! B.M. (505) PC World Chat
Post ID Timestamp Content User
1285513 2012-07-03 07:12:00 Although, to put it in perspective, Telecom does make $2m - $3m per day .

But . . .

Most of Telecom's profits go overseas as most of the shareholders are American, and

Very few of the employees at the coal face have had a pay increase for some time and a pay increase is not on the cards . :mad:
Wrong the Aussies own the majority of Telecom . I have researched it as we had one guy here always bleating on about the mom and pop investors of NZ owning most of the shares which was total crap .
mikebartnz (21)
1285514 2012-07-03 09:28:00 Wrong the Aussies own the majority of Telecom. I have researched it as we had one guy here always bleating on about the mom and pop investors of NZ owning most of the shares which was total crap.

Sorry, but it's the company that's total crap, nothing to do with the shareholders. (Those shareholders should all be prosecuted and minced for profiting from the proceeds of crime, then revived and flogged for living off immoral earnings. Directors and executives should be treated more severely; often. ;) )
R2x1 (4628)
1285515 2012-07-03 11:34:00 Well they just gave me 120GB so I can't complain.

But I doubt anyone needs that much money. Hopefully he will donate it to something useful.
Agent_24 (57)
1285516 2012-07-03 11:39:00 For these people, it is never enough.

Greed is a vile master.
Cicero (40)
1285517 2012-07-03 19:28:00 Simply a question of supply and demand - of good quality CEO's. That's what they get these days. To blame this poor guy for greed, etc. is totally unreasonable. Plus he did a great job.

sarel
sarel (2490)
1285518 2012-07-03 22:43:00 If it can't be seen that one man earns 12 million and another earns 50 thousand a year, that something is out of kilter, then there is nothing that can be said.

The supply and demand thing was working with all the bankers that are responsible for the present chaos.
Cicero (40)
1285519 2012-07-03 23:03:00 Simply a question of supply and demand - of good quality CEO's. That's what they get these days. To blame this poor guy for greed, etc. is totally unreasonable. Plus he did a great job.

sarel
While you can't blame him for taking what is on offer how the hell did the situation arise where a CEO gets paid the equivalent of 480 average workers. Quite frankly I can not see him being worth that equivalent.
mikebartnz (21)
1285520 2012-07-03 23:04:00 If it can't be seen that one man earns 12 million and another earns 50 thousand a year, that something is out of kilter, then there is nothing that can be said.

The supply and demand thing was working with all the bankers that are responsible for the present chaos.
:thumbs:
mikebartnz (21)
1285521 2012-07-03 23:22:00 a CEO gets paid the equivalent of 480 average workers. Quite frankly I can not see him being worth that equivalent.

He works *really* fast! :D


No but seriously I've learned that as a VoIP specialist I have knowledge and experience that is worth paying for. I rarely get out of bed for jobs worth less than $100 an hour (Except where you help the family friend out for 'a box of beer' that is). I've done contracting jobs for $200 an hour in the past too.

Lets say I was earning that 40 hours a day, 52 days in the year, that's close to half a million dollars a year... I don't even earn 1/5th that, but still you see where I'm going though right?

Hypothetical situation here:
What if now, say, I was doing management, and overseeing a team of people that do what I do? Not only do I need to know how to do the technical stuff, but I need to know how to manage people, handle conflict etc, and so a company would pay me more.

Now imagine I've been contracted by a company not only to manage a team of people, but to essentially create and build a business doing this stuff? I now need to be qualified in more things, and as that finishes my experience increases.

Then, we buy out another business, and I'm suddenly in charge of merging several businesses together.

... suddenly it's easy to see how a bit of experience, and being in the right place at the right time, with the right savvy, the right personality, and that's how you end up making the big bucks!
Chilling_Silence (9)
1285522 2012-07-03 23:38:00 When Buffet complains that he pays less tax than his secretary, the the fact is, things are out of kilter. Cicero (40)
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