A good janitor does some measurable good in providing sanitation, cleanliness,
preventive maintenance, and some add some level of mechanical skills and have
custodial responsibilities. A janitor can provide safety in cleaning snow from
walk ways, and some act as groundsman too. Some CEO's actually prove
disastrous to the businesses they run.We've heard of some of them. If the
janitor is the least well-paid full time employee and does his job efficiently,
honestly, and with a good heart, who is to say that he is worth some minute
percentage of the CEO rather than a better assessment of, in this instance, ten
percent.While it is difficult to put an arbitrary figure on the
worth of anyone, CEO or janitor, this article can make you sit up and think and,
I hope, intelligently discuss this novel proposition or the issues it raises.
If the shareholders or stakeholders vote for it is will be done, just like most
of them choose to pay the CEO or president 1000 times as much as a janitor
now.There is no proposal to take away voting board rights anywhere.
This issue needs a little analysis and I am a poor one at that, but I would
offer that more people can be a janitor or custodian than a college president.
Therein lies one reason for the pay differential.Custodian is a
better name for the service provided as the person cares for the building. The
college president has multiple duties, the main one is to bring in money to the
school from wealthy benefactors. There are fewer people who want to
run a college/university with all the political correctness, students who are
barely housebroken in manners and knowledge, faculty politics and government
interference, etc.. While it is arguable that the students are purchasers of
the product - education and want some say in the college operation, they should
focus the attention to the product and leave the management of non-academic
services to the administration. Or, go elsewhere for their education
experience.Oh, if your budget won't support your cable habit,
give it up. Never have had cable, and have been without TV period for a year
now. The custodian probably has a health plan that he/she can afford, count
Honest work for an honest wage. With the loss value of the dollar, so us the
value of the people working.
Chris,I actually agree with your for once. But I think it is the
CEO that needs to prove they are worth 40 time more than the workers.
Interesting that the GAP decided to increase the wage of those who the public
see first last and exclusively in their stores, and did so without raising the
cost of their product. Maybe there is hope for America.
If a college president(or CEO) adds 20 times the value of a janitor(or an
assembly line guy putting stickers on boxex) then he/she should be paid 20 times
what the janitor or assembly guy makes.To put arbitrary caps
suggests we know exactly how much value one person adds relative to another.
And that is patently false.
"I have to work overtime every week, had to let some of my bills go
(unpaid), like my house phone, cable, and cut back on my heating, food, water
and my gas bill,” said one workers, according to HuffPost.
“Sometimes I need to borrow money from friends, family, and by the time I
get my paycheck, I'm broke again.”Why did he have cable
if he couldn't afford his bills?Hard to feel sorry for people
who get themselves into bad financial situations by completely their own
doing.And heaven forbid you work overtime every week! Oh the
horror! Ive worked overtime for years at a time. Stop crying.And my
guess if if he was paying for cable when he couldn't pay all his bills,
there were a number of other red flags in this tearjerker of a story.