There was a question posted on Reddit a few days ago, “What isn’t the flex many people think it is?”
One of the highly voted answers was, businesses that ask for charity drives from their employees to help out their own fellow employees, who aren’t being paid enough by the business to get by:
“The ceo of the company I work for was just featured on the cover of a magazine talking about how great their company culture is.
One of his points was how the company set up a program to annually nominate a coworker who can’t afford Christmas where their other employees donate to them. He used this to brag about our amazing culture
To me this reads as, we pay our employee so poorly that on an yearly basis we have so many employees who can’t afford Christmas we have to nominate who needs help the most and then we guilt trip our other grossly underpaid employees to compensate for it."
Disneyland employees live in cars, and need the union food-bank to get by. Anaheim passed a law demanding that since Disneyland gets tax breaks from the city, they should give their employees living raises and Disney sued. They just lost and have to pay back wages to 2019.
I read in an article about a tech consultant who was pro tech business until he was asked by billionaires to meet with him. They wanted to know where to build their bunkers during the coming apocalypse THAT THEY ARE CREATING AND HOW TO MAKE THEIR EMPLOYEES STAY THERE! i cant remember his name, but the consultant said after that, he flipped to fight these morons as hard as he can. Good luck with that. Have you read how much water and lower the AI computers are sucking up? Who do you think the CEO of Google cares about-you or them?
A 2013 study by the Labor Center at UC Berkeley (“Fast Food, Poverty Wages: The Public Cost of Low-Wage Jobs in the Fast-Food Industry") found that taxpayers funded over $6 billion in welfare for full-time employees of fast-food restaurant chains. HR staff at Walmart are trained to assist workers in applying for public assistance. This amounts to a taxpayer subsidy for corporate profits that overwhelmingly benefits the top 1% (the top 1% owns over 50% of all stock; the top 10% owns 90%).
Compensation for CEOs is now over 350 times that of the median wage at their business—the median wage, not the bottom. That means people at the supervisory or management level, not entry-level or low-skill jobs.
The economy these days functions as a pump to turn the meager incomes of the 90% into wealth for the top 10% (and especially the top 1%).
Solutions include high taxes on top tax brackets (it was over 80% during the Eisenhower administration) to discourage top executives from overpaying themselves, and caps on executive compensation—if executive pay is “only” 100 times that of their median employee they’ll still be very wealthy, and their employees will be better off.
Flashaaway about 1 year ago
Let me guess, it’s one of Trump’s descendents. Grifters all the way down.
David Huie Green LoveJoyAndPeace about 1 year ago
Trying to keep them alive so they can continue to work for him!!
WHATAGUY!!
(Unless he is the only employer on the planet, they could just quit and go to work for someone else who pays more.)
Imagine about 1 year ago
Starbucks? Walmart?
Gent about 1 year ago
Such a amazong person eh.
chuckcork1 about 1 year ago
There was a question posted on Reddit a few days ago, “What isn’t the flex many people think it is?”
One of the highly voted answers was, businesses that ask for charity drives from their employees to help out their own fellow employees, who aren’t being paid enough by the business to get by:
“The ceo of the company I work for was just featured on the cover of a magazine talking about how great their company culture is.
One of his points was how the company set up a program to annually nominate a coworker who can’t afford Christmas where their other employees donate to them. He used this to brag about our amazing culture
To me this reads as, we pay our employee so poorly that on an yearly basis we have so many employees who can’t afford Christmas we have to nominate who needs help the most and then we guilt trip our other grossly underpaid employees to compensate for it."
Zykoic about 1 year ago
I especially like the billionaire’s foundation tax dodges to be run by them and their family members. Giving away my wealth to run by my three sons.
some idiot from R'lyeh Premium Member about 1 year ago
Maybe they can save up enough to buy a guillotine?
Differentname about 1 year ago
Serial Pedant about 1 year ago
Ah! republican Capitalism!
geese28 about 1 year ago
Ah I see the IRS has a new reality show. Sneaky little devils. I see through the disguise lol
Radish... about 1 year ago
Excess profits are stolen wages.
Drbarb71 Premium Member about 1 year ago
Disneyland employees live in cars, and need the union food-bank to get by. Anaheim passed a law demanding that since Disneyland gets tax breaks from the city, they should give their employees living raises and Disney sued. They just lost and have to pay back wages to 2019.
Drbarb71 Premium Member about 1 year ago
I read in an article about a tech consultant who was pro tech business until he was asked by billionaires to meet with him. They wanted to know where to build their bunkers during the coming apocalypse THAT THEY ARE CREATING AND HOW TO MAKE THEIR EMPLOYEES STAY THERE! i cant remember his name, but the consultant said after that, he flipped to fight these morons as hard as he can. Good luck with that. Have you read how much water and lower the AI computers are sucking up? Who do you think the CEO of Google cares about-you or them?
Mike Baldwin creator about 1 year ago
ha! Finally catching on, eh?
Stephen Gilberg about 1 year ago
I read this right after “Barney and Clyde.”
cuzinron47 about 1 year ago
A GoFundThem site.
mjkaswan Premium Member about 1 year ago
A 2013 study by the Labor Center at UC Berkeley (“Fast Food, Poverty Wages: The Public Cost of Low-Wage Jobs in the Fast-Food Industry") found that taxpayers funded over $6 billion in welfare for full-time employees of fast-food restaurant chains. HR staff at Walmart are trained to assist workers in applying for public assistance. This amounts to a taxpayer subsidy for corporate profits that overwhelmingly benefits the top 1% (the top 1% owns over 50% of all stock; the top 10% owns 90%).
Compensation for CEOs is now over 350 times that of the median wage at their business—the median wage, not the bottom. That means people at the supervisory or management level, not entry-level or low-skill jobs.
The economy these days functions as a pump to turn the meager incomes of the 90% into wealth for the top 10% (and especially the top 1%).
Solutions include high taxes on top tax brackets (it was over 80% during the Eisenhower administration) to discourage top executives from overpaying themselves, and caps on executive compensation—if executive pay is “only” 100 times that of their median employee they’ll still be very wealthy, and their employees will be better off.
cuzinron47 about 1 year ago
And as a result he can take a tax cash write off for charity when he should paying his employees.
Bilan about 1 year ago
My nit is with businesses that spend more money advertising their charitable donations than they put into the donations themselves.
Teto85 Premium Member about 1 year ago
If your employees are better off on unemployment, food stamps and Medicaid you’re not a job creator, you’re a poverty exploiter
eddi-TBH about 1 year ago
You cannot get rich if you care about other people.
NaGrom Premium Member almost 1 year ago
Nas Daily just announced a monthly high profit, and that the whole amount was going to fund 20 new company jobs.