I am relating to personal experiences and so would not wish to divulge to much on the companies ๐
EvilZ
Unions can be useful.... I have a friend who after 30 years would clearly be fired and replaced by three new employees with no experience because, to a director it looks like he or she saved money and so can be guaranteed a promotion.....
Where I disagree with Unions is that they have no accountability. If they negociate a scrappy deal or employees get no salary increase, they should give back to the employee as a padding or a rainy day situation considering union members do continue to pay the ever increasing fee of union membership.
I see unions here in Quebec(Canada) becoming fabulously rich while their scrape by...
Just look at companies that have seamstresses, they will offer full suits for the higher strata of society and yet the working conditions are like sweat shops.... And they are unionized which makes you wonder how bad it could get....
It feels, from my perspective that unions are useful so long as people can opt out and vote anonymously which is not always the case....
What would be the misinformation? A typical working family in the 1970 could survive and feed their family. Today, a working family barely make enough money to pay for rent.
If CEO deserve their pay (hypothetically) then why would the employee not equally get higher salary increase?
Please explain how business have not, at least in the last 30 years, focused on gaining high profit for shareholders and care very little of the consumer or the workers.
A CEO goal is not to serve the board to the point of ripping a business apart. In that same breath, a Board should actually be held accountable to not pillage companies to simply increase their already big portfolio...
If this was true....Nd I wouldn't be surprised that he would sya such a thing as... Making profit for the share holders. Is justified even if ruthlessly done....
I remember watching a documentary, it may have been Robert Reich that was explaining how businesses in the 1970's made profits but the difference between the owner and the employee was high but still within a certain logic. Companies still had the philosophy that you should keep your employees for 30 years and treat them with a certain respect whereas today... A lot of big business are there for the shareholder and screw the employee. They are selfish anyway.... Wanting more than minimal salary ๐
Then again, I love reading Robert Reich.... https://robertreich.substack.com/p/the-paid-what-youre-worth-myth
And yet another good article : https://robertreich.substack.com/p/if-bosses-are-raking-it-in-shouldnt
That really sucks ๐