One-liners

HomerJ

HomerJ

Author Level
@SpyderTracks :LOL:

r/memes - Disney+
 
ubuysa

ubuysa

The BSOD Doctor
HomerJ said:
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I never subscribed to the notion that workers must always have a share in a company's profits. The directors may well have invested their own money in the company, they almost certainly invest more energy and a lot more time and stress in the company, they are criminally liable for the company's actions for example. Shareholders invest in a company to make money, nobody (except the super-rich like Mr Gates) invest in a company because they like the company. They expect the company to be profitable and they expect some of those profits to come back to them as dividends. Otherwise they take their money elsewhere and the company struggles for lack of funding. If people don't invest in a public or private company it will go under and everyone loses their job.

Workers are a valuable resource without which the company can't function. But so is electricity and water, materials, buildings, machinery, etc. etc. People are typically the most expensive resource too. When times are good you don't voluntarily offer to pay more for electricity or materials, do you? This 'wage theft' idea is narrow-minded thinking from people who have no idea how a company works. Of course wages and salaries should be attractive, and in most companies they are. Companies compete to attract the best people with the appropriate skill sets and part of that competition is the remuneration package.

If you have a skill that's in demand then you are free to leave and seek better money elsewhere, and many do. Some, like I did, go it alone and start up their own freelancing company. I can't tell you how scary and stressful that is. Those without skills/knowledge/experience and who have to take whatever job they can at whatever wage they can get should ask themselves why they have no skills/knowledge/experience.
 
HomerJ

HomerJ

Author Level
ubuysa said:
I never subscribed to the notion that workers must always have a share in a company's profits. The directors may well have invested their own money in the company, they almost certainly invest more energy and a lot more time and stress in the company, they are criminally liable for the company's actions for example. Shareholders invest in a company to make money, nobody (except the super-rich like Mr Gates) invest in a company because they like the company. They expect the company to be profitable and they expect some of those profits to come back to them as dividends. Otherwise they take their money elsewhere and the company struggles for lack of funding. If people don't invest in a public or private company it will go under and everyone loses their job.

Workers are a valuable resource without which the company can't function. But so is electricity and water, materials, buildings, machinery, etc. etc. People are typically the most expensive resource too. When times are good you don't voluntarily offer to pay more for electricity or materials, do you? This 'wage theft' idea is narrow-minded thinking from people who have no idea how a company works. Of course wages and salaries should be attractive, and in most companies they are. Companies compete to attract the best people with the appropriate skill sets and part of that competition is the remuneration package.

If you have a skill that's in demand then you are free to leave and seek better money elsewhere, and many do. Some, like I did, go it alone and start up their own freelancing company. I can't tell you how scary and stressful that is. Those without skills/knowledge/experience and who have to take whatever job they can at whatever wage they can get should ask themselves why they have no skills/knowledge/experience.
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homer did put it in the one liners for a reason, i.e. homer agrees with @ubuysa
 
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