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Post by Mr. Daniel on Apr 30, 2013 7:37:33 GMT -5
American business executives make 204 times the amount of money as the average worker in their company. Some have claimed this is an immorally large wage gap. When, if ever, is executive pay unethically high?
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WillL
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Post by WillL on Apr 30, 2013 9:01:31 GMT -5
Is never too high. The liberal media demonizes executives for making too Much. But what they don't tell is the backstory Of the company. The countless hours the CEO spent building the company with low pay and the threat of going Bankrupt tends to be ignored in the name of equality. People are just jealous of his good fortune and hard work.
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Post by bridgetf on May 5, 2013 14:37:16 GMT -5
I disagree with Will's view on executive pay. While I believe that the CEO should be paid more than a low-level employee, I also think it's immoral for the wage gap to be at such a ridiculous level. If the CEO had such low pay in the beginning, shouldn't he or she be sympathetic to the plight of their average worker? Shouldn't they realize that the average worker is also putting in long hours of hard work with little to show for it? The argument here is not about equality, because the average worker is not of equal status with the CEO in the company. However, it seems unfair that the CEO gets paid such a large amount of money, sometimes at the expense of the average worker.
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WillL
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Post by WillL on May 5, 2013 15:41:44 GMT -5
Why should we tell the executive what he should get paid? He built the company and he should run it the way he wants. If that doesnt please the workers, then they can go find another place to work
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Post by isabellar on May 5, 2013 16:05:39 GMT -5
I agree with the majority of what Bridget has said. I think that just because a CEO can raise his pay and lower an employees to cut costs, doesn't mean that they should. The Principle of Option for the poor says that businesses should be run by taking into consideration the poorest people in their company. We cannot force CEOs to change the way that they run their business but it does not adhere to a moral business and if corporations are in fact people then their personalities are abusive and negligent to the people who they are supposed to be responsible for in their employment.
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Post by bridgetf on May 5, 2013 20:22:23 GMT -5
While the executive did build the company and can run it any way they want, they still have the responsibility of their employees' wellbeing. The executive should not have the right to make a ridiculously large sum of money while their employees are barely making ends meet. This line of thinking can lead to things like exploitation of workers. If every single person who thought their salary was unfair found another place to work, the company would probably go out of business. Just because the CEO can take advantage of their workers doesn't mean they should. The wage gap should be more reasonable than it is.
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Post by erikpechnick on May 5, 2013 23:37:59 GMT -5
i agree with bridget in the point that executives make too much money. 204 times a lower paid worker is rediculous. executives should make more than the employess, but i think we shoiuld cap the wage gap by at most 50 times the lowest paid employee
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Post by isabellar on May 6, 2013 8:23:21 GMT -5
While I think that it is atrocious that a business executives make 204 times the amount that his worker makes, I disagree with Erik when he's says that we should cap executives pay at 50 times that of their average worker. We cannot control the way businesses act through the government because it would undermine the free enterprise system in America. I think that the way that we should control how businesses function is though consumer and public support. Boycott businesses which are morally corrupt.
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Post by karinad on May 6, 2013 21:06:29 GMT -5
A very relevant quote from Sam Harris' Letter to a Christian Nation: "Consider the ratios of salaries paid to top-tier CEOs and those paid to the same firms' average employees: in Britain it is 24:1; in France, 15:1; in Sweden, 13:1; in the United States, where 80 percent of the population expects to be called before God on Judgement Day, it is 475:1. Many a camel, it would seem, expects to pass easily through the eye of a needle."
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WillL
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Post by WillL on May 7, 2013 20:38:57 GMT -5
Ok everyone here is saying that when I make a lot of money compared to my employees, then i am acting immoral. False. There is nothing wrong in doing better than somebody else. God created us each with our own talents, some created a little stronger at academics and some a litter more business savy than others. If these people make more money and others GREAT, THEY SHOULD. If they put in the work to get ahead, then they deserve to make A LOT. I cant stand when other people try to dictate the amount of money a person should make without walking in their shoes. I dont think anyone here can even possibly imagine running a business, let alone running a corpotation. The stress, long hours, hard work, and loss of family time has to be compensated for. I am proud of the innovation that has come out of the american corporations (plane, car, train, computer etc) and beleive that neither the government nor citizens should tell executives that their pay is too high (granted that working conditions are safe and clean, and that employees are treated well at work)
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WillL
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Post by WillL on May 7, 2013 20:41:46 GMT -5
Boycott businesses which are morally corrupt. You can do that but i ultimatly feel that the employee should be held responsible and play the market so he can get paid well. If he doesnt like his pay then he can go somewhere else
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Post by geekay55 on May 20, 2013 20:16:45 GMT -5
I completely agree with will. I think that although not all, most CEOs have worked their way up the company and have put in the hours to deserve the pay they get. In the end they are the highest you can go in a company and help everything run smoothly and if not for most CEOs most companys would probably not run so well. I think in all ways they deserve everything they recieve and although they get paid a lot most CEOs end up donating the money or helping their familys live better lives.
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