So you do the dehydrated souls a favour and sell at a modest profit. Fifty miles later you get a flat in the middle of said desert and the garage wants $2000.00 to put in a plug.... Does your wilted body taste different to the vultures?
Min wage increase
- Thread starter Joe Bass
- Start date
So you do the dehydrated souls a favour and sell at a modest profit. Fifty miles later you get a flat in the middle of said desert and the garage wants $2000.00 to put in a plug.... Does your wilted body taste different to the vultures?
They are responsible for making decisions but not reimbursing losses resulting from bad decisions. That falls upon the owners / shareholders.
It worked in the USSR. I'm being sarcastic too.
I linked to several instances where execs personally had to reimburse the company. But that's besides the point, which is that the CEO position in itself is extremely well compensated because it has a vast amount of responsibility. Failures have catastrophic financial consequences, which is why companies pay big money for whom they perceive to be the most qualified leaders. Sometimes it doesn't work out. Life.
Snobike Mike
Banned
If you are a company director you have as much or more liability than the shareholders/owners.
Roadghost
Well-known member
Show me one case where a CEO was put in jail in Canada for any kind of liability, negligence or criminal behavior. These guys screw it up and walk away laughing all the time AND they walk away with a bag-o-loot while the employees get screwed over.
bigpoppa
Well-known member
How did he do that? Its still somewhat convoluted as to how to become an apprentice, or join the trades
Most people say just find an employer, but who the hell hires some newbie with no experience to work as an electrical apprentice, or in the electrical field?
I know some people say join a union but i havent had the greatest experience there either...
As for unions, its been my experience that the benefits for unions far outweigh the cons, yes there are lazy bums who take advantage of the unions, but in my experience 9/10 workers are just good honest hard working folks, who genuinely deserve the benefits that come with a unionized workplace, a fair work place and a decent wage
bigpoppa
Well-known member
Lol school is a joke now, the vast majority of people that i know who went on to further studies, just end up doing something completely different than what they went to school for but saddled with a lot of student debt. In my experience a bachelors degree is the new high school diploma, the only people who seem to benefit from school are those who go on to grad school, and end up getting employed by these gigantic corporations. Or those that get a STEM degree from university in something practical(engineering, computer science, maybe finance?)
I wouldnt really count trades as 'schooling' in the traditional sense
As far as automation goes, i hear they're coming up with automated trucks, if auto pilot works for airplanes, im sure they will find a suitable alternative for drivers as well.
Just because something is good for the bottom line, doesnt mean its good for society("The needs of many outweigh the needs of a few")
Snobike Mike
Banned
You are making a strawman argument. I simply said that a company director has as much or more liability than a owner/shareholder.
Snobike Mike
Banned
The nuttiness of the left knows now bounds.
So higher minimum wages make robots more attractive (I seem to remember posting something about that around here earlier....) So San Fran wants to ban robots:
https://www.hermancain.com/high-minimum-wages-making-robots-more
Coles:
1. Enact unsustainable legislation.
2. Know that a workaround will present itself, solving the mess you created.
3. Ban the workaround, restoring yourself to unsustainability.
4. Take more from taxpayers.
5. Repeat
So higher minimum wages make robots more attractive (I seem to remember posting something about that around here earlier....) So San Fran wants to ban robots:
https://www.hermancain.com/high-minimum-wages-making-robots-more
Coles:
1. Enact unsustainable legislation.
2. Know that a workaround will present itself, solving the mess you created.
3. Ban the workaround, restoring yourself to unsustainability.
4. Take more from taxpayers.
5. Repeat
I asked an HR person during an interview that question...if I'm making 15/hr and min to goes to 15, do I get an auto increase? The answer.....NO. So what was a job for 3 and change over minimum is now minimum.
So, the question now is.....does one take a job at 15/hr tomorrow?
bigpoppa
Well-known member
Lol, you must be living under a rock, automation is coming regardless of what happens to wages, cant stop the future
The bottom line is profit, if it is more profitable to send your job overseas, DONE.
If its profitable to replace you with a robot, DONE.
If it is profitable to cut benefits, DONE.
Roadghost
Well-known member
Only on paper. It's never enforced.
Snobike Mike
Banned
LOL, you clearly missed the point about the article/list I posted. Hint: it wasn't about ignoring that automation is coming
Snobike Mike
Banned
You should try it. Become a director at a company that is on the rocks and has outstanding wages to employees that are due. I would suggest that in that case you very quickly resign as Director.........
bigpoppa
Well-known member
Lol company goes chapter 11, assets are liquidated to pay off creditors in order of
Banks/lenders, bond holders, if it's a public company then preferred share holders and if anything is left then common share holders.
Ceo gets a golden parachute and a severance package usually
Corporate finance isnt that difficult, most companies especially those that are struggling, trim excess fat and need to borrow capital to pay for day to day operations(including due wages)
Your welcome.
Sent from my LG-H831 using Tapatalk
Snobike Mike
Banned
Well I guess that settles it then.
http://www.mcmillan.ca/Files/127586_Directors and Officers Liability in the Employment Context.pdf
