Starbucks #union workers are still on strike after a month. One of the many reasons being that Starbucks refuses to even guarantee them 2% annual raises - well below the normal cost of living increases.
Fuck #starbucks. Their CEO make millions. They can afford it. They’re just greedy fucks.
#unions
It’s injustice. Plain and simple. It’s not all salary. The former CEO of my company was also drawing a ridiculously high salary for being on the board of directors for a different company. Brian Niccol famously flies to work on a private jet. Does he pay for that? Is he better than a team of people making $100k/yr? How much does he pay in taxes? He’s in charge and can’t pay a reasonable wage. Getting less than cost of living raise is actually tantamount to his employees getting a pay CUT. Is he getting more than 2%? What does his severance package look like?
People often say, well he has more risk being CEO. But does he? If they fired him, will he still be rich? If so, where’s the risk? His employees can’t eat if they get fired.
It’s not salary, but if you take Jeff Bezos net worth and divide it up amongst the 1.56M Amazon employees, they would each get just shy of $152,000 and he would still be a billionaire. But those poor people are peeing in bottles and running stop signs. He didn’t get that net worth with 2% raises.
I respectfully disagree that if they can’t afford a 2% pay raise for their employees, maybe they need to make some cuts and maybe they should start with the CEO.
It’s injustice. Plain and simple. It’s not all salary. The former CEO of my company was also drawing a ridiculously high salary for being on the board of directors for a different company. Brian Niccol famously flies to work on a private jet. Does he pay for that? Is he better than a team of people making $100k/yr? How much does he pay in taxes? He’s in charge and can’t pay a reasonable wage. Getting less than cost of living raise is actually tantamount to his employees getting a pay CUT. Is he getting more than 2%? What does his severance package look like?
People often say, well he has more risk being CEO. But does he? If they fired him, will he still be rich? If so, where’s the risk? His employees can’t eat if they get fired.
It’s not salary, but if you take Jeff Bezos net worth and divide it up amongst the 1.56M Amazon employees, they would each get just shy of $152,000 and he would still be a billionaire. But those poor people are peeing in bottles and running stop signs. He didn’t get that net worth with 2% raises.
I respectfully disagree that if they can’t afford a 2% pay raise for their employees, maybe they need to make some cuts and maybe they should start with the CEO.
Specifically, we should cut about 12" from the top end of the CEO.