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Reply #85: No, what I am talking about is profit. Raises and bonuses are expenses that diminish profit [View All]

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Oregone Donating Member (1000+ posts) Send PM | Profile | Ignore Mon Apr-05-10 03:26 PM
Response to Reply #81
85. No, what I am talking about is profit. Raises and bonuses are expenses that diminish profit
Edited on Mon Apr-05-10 03:27 PM by Oregone
"If a worker makes 4x as many widgets they get a bonus and a raise while the worker next to them will not get a bonus and will only get 1/4 as much of a raise. This IS how companies work."

No. That is not an inherent part of capitalism. The only thing that is guaranteed is that if those widgets produced additional profit, shareholders have the right to such profit.


"While there are many ways to increase profits for a company there is no way more effective than to reward its workers."

So, I would assume then that a company that profits as much as Wal-Mart does so due to its generous worker rewards? Or do they do so by stiffing their workers?

Did you know that your statement is contradictory? Every worker reward diminishes DIRECTLY the amount of profit a company makes in a given year


"I know there is a perception here on DU that all these companies look out for shareholders first and foremost"

That is, after all, the purpose of a corporation


"a company that puts its shareholders above its employees will never see their stock price increase and stay increased over the long term which hurts everyone"

There are a slew of companies that didn't get your memo.
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