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The Pub For General Automotive Related Talk |
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#61 | ||||
FF.Com.Au Hardcore
Join Date: Feb 2005
Posts: 5,048
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If so, and you don't see the hypocrisy of that position, well...... :/ |
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#62 | |||
FF.Com.Au Hardcore
Join Date: Oct 2008
Location: Perth, WA
Posts: 1,308
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Current car: 2016 Ford MD Mondeo Titanium EcoBoost (2016-) Previous cars: 2005 Ford BF Fairmont (2006-2019) 1989 Ford EA Falcon GL (2000-2007) 1982 Ford KA Laser Ghia (1999-2000) |
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#63 | ||
FF.Com.Au Hardcore
Join Date: Feb 2005
Posts: 5,048
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So if the law was removed, you'd support removal of minimum wage?
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#64 | ||
FF.Com.Au Hardcore
Join Date: Oct 2008
Location: Perth, WA
Posts: 1,308
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I would support its reduction but not its removal. The reasons for the imposition of minimum wages is to protect employees from unfair exploitation.
There is no good reason for imposing a salary cap.
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Current car: 2016 Ford MD Mondeo Titanium EcoBoost (2016-) Previous cars: 2005 Ford BF Fairmont (2006-2019) 1989 Ford EA Falcon GL (2000-2007) 1982 Ford KA Laser Ghia (1999-2000) |
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#65 | ||
Beaut Ute
Join Date: Dec 2015
Location: Gippsland, Victoria.
Posts: 627
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Here's a hypothetical to ponder...
In the red corner we have 62-year-old Julian Segal, who heads a company with an annual revenue of $23 billion, getting a golden handshake of $14 million. Segal holds a Bachelor of Science and a Masters of Business Administration, and was a CEO at a couple of larger companies before joining Caltex. In the blue corner, we have 24-year-old AFL player Tom Scully who only passed Year 12, and hasn't worked a full day in his life. He's currently enjoying a 6-year $6 million contract simply because he can kick a ball or catch it better than I can. So, which is the more reasonable and logical contender for the belt in a world staggering on an economic and fiscal brink? Obviously the bookies would go for Segal. So would I.
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#66 | ||
FF.Com.Au Hardcore
Join Date: Feb 2005
Posts: 5,048
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But isn't there a salary cap in AFL? :P
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#67 | |||
Banned
Join Date: Jun 2010
Posts: 2,811
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#68 | ||
Beaut Ute
Join Date: Dec 2015
Location: Gippsland, Victoria.
Posts: 627
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Yep... $10.36 million for the 2016 season. So Scully "only" takes home $1 million of that 10 mill. Average player salary per game is $11.5K which ain't too bad for 1hr 20m of work. It's far better than a QC/barrister who only earns around $3K an hour—but then they only have a BA, an LLB and an LLM, and most couldn't kick a footy to save their lives.
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—Cortina Mark I, Escort Mark 2, XR Falcon 500, XE Falcon 4.1 S-Pack, Laser KC Ghia, EF Falcon GLi, BF XR8 Boss 260 |
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#69 | ||||
Render unto Caesar
Join Date: Feb 2008
Location: ::1
Posts: 4,221
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"Aliens might be surprised to learn that in a cosmos with limitless starlight, humans kill for energy sources buried in sand." - Neil deGrasse Tyson |
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#70 | |||
Render unto Caesar
Join Date: Feb 2008
Location: ::1
Posts: 4,221
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If you think they are paid too much, then why not become a shareholder of he organisation and express your displeasure at it, be a little more active about it. You cannot really comment on whether someone is being paid an obscene amount of money without knowing their job, the contract, the conditions, etc. I find some sportspeople earning far too much, soccer players, basketballers, IPL players, etc but you know what? Someone believes their worth it and you know what? Good on them and goodluck to them.
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"Aliens might be surprised to learn that in a cosmos with limitless starlight, humans kill for energy sources buried in sand." - Neil deGrasse Tyson |
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#71 | |||
[BU66OS]
Join Date: Jun 2009
Location: Central Coast NSW
Posts: 1,719
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And he won't be held in the esteem he would be if his company declines. At most he'll be in a much lesser role where there are more suitable candidates waiting to fill those spots. I don't know why you only quote one line of all my replies either. Does that mean everything else I said you agree with?
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#72 | ||
FF.Com.Au Hardcore
Join Date: Feb 2005
Posts: 5,048
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And I dont understand on what basis you say he doesnt. If he performs poorly, he will still have collected an extremely generous salary up until that point, one he will not be required to repay. He wont receive a bonus, but in many cases, he will receive an overly generous severance package.
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#73 | |||
FF.Com.Au Hardcore
Join Date: Feb 2005
Posts: 5,048
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I'm not sure why you seem to be fixated on the only alternative being for a CEO to be paid an average wage. |
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#74 | |||
FF.Com.Au Hardcore
Join Date: Feb 2005
Posts: 5,048
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Sportspeople are a special case to some extent. The prospect of career-ending injuries, the relatively short time of high earning potential, the limited career options in that sport due to injury, loss of job or retirement. A CEO OTOH, can go back to being a board member, executive, director, etc. The only thing precluding a CEO from a long career is job performance. People here are acting as if a failed CEO has no option but to hide away from the world because their name will be mud. That's simply not true. |
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#75 | ||||
[BU66OS]
Join Date: Jun 2009
Location: Central Coast NSW
Posts: 1,719
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Anyway lets just agree to disagree, I think each side has put in all the arguments they can.
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