Originally Posted by Timbo

Pay raise vs. profit sharing...

The CEO club always wants to pitch it as an 'either-or' proposition.

Chose one.

But it doesn't have to be a choice.

You can have BOTH.

Employees SHOULD have BOTH!

First off, you need a 3% raise every year, just to keep up with inflation.

Second off...WHO took a huge pay cut to save Delta and American and United?

WHO?

Yeah, the EMPLOYEES!

THAT is why they should always share in the wealth their sacrifices produced.

AND they should have raises, above a cost of living increase, to recover from the pay cuts.

Of course nobody in the CEO club will see it that way. They are paid with stock options. They would rather give that money to the share holders, to run the stock price up, so in effect, they can transfer your sacrifices to their pockets.