Comments on: Brother, Can You Spare a Jet? http://southernmaledemocrat.com/2008/11/20/brother-can-you-spare-a-jet/ (There are more of us than you think...) Thu, 05 Feb 2009 21:36:22 +0000 http://wordpress.org/?v=MU hourly 1 By: Mark http://southernmaledemocrat.com/2008/11/20/brother-can-you-spare-a-jet/#comment-586 Mark Thu, 20 Nov 2008 20:50:45 +0000 http://southernmaledemocrat.wordpress.com/?p=263#comment-586 "the peanut butter to the chocolate of profit in our national peanut butter cup"? Like me, your mind is never far from the refridgerator......... “the peanut butter to the chocolate of profit in our national peanut butter cup”?

Like me, your mind is never far from the refridgerator………

]]> By: Mrs. SMD http://southernmaledemocrat.com/2008/11/20/brother-can-you-spare-a-jet/#comment-585 Mrs. SMD Thu, 20 Nov 2008 20:36:49 +0000 http://southernmaledemocrat.wordpress.com/?p=263#comment-585 The CEO of Costco is a fantastic example of an effective top-level executive who "gets it". In 2006, Costco sales totalled $52 billion with 462 stores nationwide. Pretty successful, right? The CEO, Jim Sinegal is on a first name basis with employees and pulls in a whopping salary of $350,000 a year. Granted, as founder, Sinegal also has a large amount of stock in the company, but to me, that's ok. He founded it and he should reap the long-term rewards. However, the fact that he takes a relatively modest annual salary shows he "gets it". The company pays hourly staff $17 an hour, which is well above the national average. So, it can be done. Costco is a good, solid company and from what I've read, the employees and the management are all quite happy and living a good life. Why can't other CEO's put their egos aside, live a "normal" life, and stop asking for handouts??? The CEO of Costco is a fantastic example of an effective top-level executive who “gets it”. In 2006, Costco sales totalled $52 billion with 462 stores nationwide. Pretty successful, right? The CEO, Jim Sinegal is on a first name basis with employees and pulls in a whopping salary of $350,000 a year. Granted, as founder, Sinegal also has a large amount of stock in the company, but to me, that’s ok. He founded it and he should reap the long-term rewards. However, the fact that he takes a relatively modest annual salary shows he “gets it”. The company pays hourly staff $17 an hour, which is well above the national average. So, it can be done. Costco is a good, solid company and from what I’ve read, the employees and the management are all quite happy and living a good life. Why can’t other CEO’s put their egos aside, live a “normal” life, and stop asking for handouts???

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