General Discussion
Related: Editorials & Other Articles, Issue Forums, Alliance Forums, Region ForumsSalaries & Compensation: J'ever notice?
That corporate tools/pundits always love to distort and high-ball pay rates or salaries of the working class by citing some outrageously high figure ( autoworkers at $75/hour or teachers at 100K/year ) by weaseling out by saying "pay and benefits", even factoring in imputed voluntary overtime?
Conversely, J'ever notice they always low-ball executive pay/compensation by citing a base salary of say, a quarter mil or so, but then studiously ignore the gravy of stock options and plethora of other executive perks that take their total compensation into the millions?
Ever notice how corporate tools do this without the slightest hint of irony or sheepishness, even if they're called on it?
Just wanted to get this off my chest.
virgogal
(10,178 posts)do best.
Egalitarian Thug
(12,448 posts)Gormy Cuss
(30,884 posts)Amazing that so many in media still fall for it.
Amazing or deliberate that is.
lumberjack_jeff
(33,224 posts)They use the metric "cost of compensation", then divide it by the hours worked. Thing is that pensions paid to former employees are part of the "cost of compensation".
$75 per hour? If you count the money they're paying to other people, then maybe so.
Auntie Bush
(17,528 posts)But teachers get X Dollars PLUS health insurance. Not fair!
unblock
(52,236 posts)Populist_Prole
(5,364 posts)I'll bet they don't include management's share of the same, instead filing it under "necessary expenses to insure managerial greatness" or somesuch.
Tuesday Afternoon
(56,912 posts)Lifelong Protester
(8,421 posts)Oh, yeah, we public sector people.especially teachers, are waaaaaaaaaaay overpaid. But heck, we get a whole $200 tax credit for stuff we teachers buy out of our pockets! Wow! What a trade off!!! (That amount may be different than stated, my spouse does the taxes...)
bluesbassman
(19,373 posts)It's now a full fledged disdain for the "working class". Like we're some kind of parasite, yet the truth is that it is the working class that built and fuels the economy. Yet the rank and file still believe that the policies of the right are somehow good for them. It's really quite astonishing.
WHEN CRABS ROAR
(3,813 posts)really make?
Gidney N Cloyd
(19,837 posts)Can't have it both ways, folks. Either it's all earned as part of the total compensation package or it ain't.
SunSeeker
(51,559 posts)shcrane71
(1,721 posts)to purchase health insurance from their own cooperative? Apparently, people were quite upset about this unfair business practice. Nevermind that the majority of people have no choice as to where their company purchases their insurance, and those buying on the "open" market have a dismal choice of two or three monopolies in their state.
Historic NY
(37,449 posts)in the same terms.