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Wed Dec 5, 2012, 08:10 AM

AND THE SCROOGE AWARD GOES TO... Corporate America!

http://www.businessinsider.com/companies-need-to-share-more-profits-with-employees-2012-12



***SNIP

The first chart shows that big American companies now have the highest profit margins in history.

The second chart shows that the companies are now paying the lowest wages in history as a percent of the economy.

If you happen to be an owner of a big American corporation, these charts could be construed as good news: You're coining it!
If you happen to be a rank-and-file employee, however--or someone hoping to be such an employee--this is bad news: You're sharing less than ever before in the success of American industry.



Read more: http://www.businessinsider.com/companies-need-to-share-more-profits-with-employees-2012-12#ixzz2EBNFbuvu

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Reply AND THE SCROOGE AWARD GOES TO... Corporate America! (Original post)
xchrom Dec 2012 OP
Cobalt Violet Dec 2012 #1
rock Dec 2012 #2

Response to xchrom (Original post)

Wed Dec 5, 2012, 08:26 AM

1. Sadly nothing will be done about it.

It's only going to get worse.

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Response to Cobalt Violet (Reply #1)

Wed Dec 5, 2012, 09:27 AM

2. Correct

The MBAs will continue to think "If a company ain't growing, it's dying!" And thus look for some way to increase the profits every year even though the company produces less. Typically the solution is to cut salaries.

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