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Politics : Formerly About Advanced Micro Devices -- Ignore unavailable to you. Want to Upgrade?


To: Tenchusatsu who wrote (779850)5/4/2014 10:43:20 PM
From: tejek  Read Replies (1) | Respond to of 1573825
 
No, they are not. They are determined by a Board of Directors who are mainly CEOs from other companies.
Try again, Ted. The BoD doesn't concern itself with the costs of labor.

It's the CEO's job to balance costs of labor with productivity and profitability. If the CEO fails at that, the BoD will appoint someone else.


Yes, and they set their salary, get it approved by the BoD and establish expenses from there. And you know who gets short changed.........the little guy.

By the way, if you look at "employee-owned" companies, you'll find that salaries there are not much different than companies run by "virtual oligarchies."

Actually there are not enough employee owned cos to make that statement.