New confidence in the US job market?

[Provost Harrison]

You go Michael, that's the kind of attitude that makes a CEO

[The Templar]

Originally posted by MichaeltheGreat
Says the know-all who's never made it as far as the mail room.

Replies the Randroid!

Besides, the mail room is good honorable work. Facilitating the communication between different organs of an institution! Acting as the conduit by which the organs act in unison, allowing the institution itself to develop its own sort of agency! The mailroom people are like the hormones of an institution, sending signals from cell to cell - to stimulate production here and curtail waste there. Wow, it almost sounds exciting!

So Randroid, how far up the corporate ladder are you?

[MichaeltheGreat]

Considering I'm the owner and founder, take a guess...

I haven't done anyone else's corporate ladder gig for over a decade.

[Provost Harrison]

Ah, the delightful corporate ladder...I am intrigued, from my experience, how some people got to where they are...as for me, I'll just stay archiving and shaking fybogel for the near future

[The Templar]

Originally posted by MichaeltheGreat
Considering I'm the owner and founder, take a guess...

Mailroom guy?

[MichaeltheGreat]

That too.

[Kidlicious]

I'd kill to get a job in the mailroom.

[Kuciwalker]

Originally posted by Q Cubed
if anything, they should be taking their cues from iacocca or jobs, who both killed their salaries in order to resurrect their corporations, rather than kenneth lay who boosted his salary as his business died an ugly death.

Well, the problem gets solved anyways - those companies with bad CEO's go bankrupt.

[Q Classic]

Well, the problem gets solved anyways - those companies with bad CEO's go bankrupt.

not before the ceo shafts everyone else by absconding with millions.
like that cfo who built a fvckin' huge mansion in florida?

[Kuciwalker]

Yes, but the problem gets solved.

[Ted Striker]

There's alot better ways of solving the problem though.

[Kuciwalker]

(this is going to devolve into a capitalism/communism debate...)

But no surer ones.

[Ted Striker]

Put some kind of cap on CEO compensation for one.

This was tried in the 1990s but the loophole was options and all this other crap that was mixed in with compensation that made it even more outrageous than before.

[Provost Harrison]

I have seen first hand the austerity measures and redundancy packages doled out to workers on the bottom level who work hard and get flogged all the harder whilst people get made redundant and their have to, somehow, do their jobs too. Yet the man at the top - the figures look good and his pay packet grows waaaay beyond inflation. That is the truth of the CEO...he doesn't see the reality of what goes on, their heads are in the clouds. Some fancy degree and probably wouldn't go anywhere near a factory if their life depended on it. To me, you cannot defend their salaries or even the nature of their jobs.

[MichaeltheGreat]

So nobody should actually run things or set policy?

(BTW, you're somewhat blurring your C(X)O's. CEO's are primarily executive policy setters (i.e. not let's lay off 10,000 people, but let's pursue X business line) and liasons between the board, shareholders, other financial sources, etc.

COOs and CFOs are more involved in the nature of cost-cutting decisions.