Highly paid people do they deserve it?

6th · 27-06-2008 09:49AM

I am one of them

6th works hard, very hard. In fact 6th works alot harder than his boss who he can only imagine takes home more bread at the end of the day. Do the right thing boss, give me more money!

pickarooney · 27-06-2008 09:51AM

We should go back to the barter system, let's see where Alex Rodriquez would stash $300 million worth of pigs and wheat.

FunkZ · 27-06-2008 10:12AM

FunkZ doesn't work with a great deal of intensity but FunkZ admits it and that's his job. FunkZ wants a new job around the Drogheda area to keep FunkZ ticking overr till college starts back in late September, FunkZ needs a car and a place to stay in Dundalk.

RealEstateKing · 27-06-2008 11:14AM

I am one of them

Up to a point it's fair, it is a free market after all: Of course a doctor should get paid more than a toilet cleaner etc, etc.

However there are times when it's just ridiculous. One hedge fund manager in New York got paid in one year what all of New York City's 18,000 High School teachers put together got paid in 3 years!

Capitalism works a little like a game of Monopoly, up to a point one player is winning because they are rolling better dice and making better decisions than you, towards the end of the game, when they have all the decent property, it reaches a tipping point where you cannot but lose as you are handing cash over to them at every turn.

SheroN · 27-06-2008 11:20AM

If you can find someone willing to pay you vast amounts of money. Then you deserve it.

chakotha · 27-06-2008 11:27AM

If you are pulling in huge amounts of revenue for your employer then yes, of course you deserve it.

kaimera · 27-06-2008 11:30AM

6th wrote: »

6th works hard, very hard. In fact 6th works alot harder than his boss who he can only imagine takes home more bread at the end of the day. Do the right thing boss, give 6th more money!

fail

gurramok · 27-06-2008 11:38AM

I am one of them

Does a labourer who toils the land day in day out doing back breaking work deserve more pay than a high flying executive who sits on his ass in boardrooms all day?

RealEstateKing · 27-06-2008 11:44AM

I am one of them

Does a labourer who toils the land day in day out doing back breaking work deserve more pay than a high flying executive who sits on his ass in boardrooms all day?

Morally, quite possibly he does. Problem is, anybody with arms and legs can be a laborer, only a person with a rarefied skill can run a company.

Thats why they get paid more.

Its a pyramid: for every 1 CEO of a company there are thousands of people working for him, if you paid every one of those as much as a CEO gets, there wouldnt be enough money to go around.

Thats not to say that this isnt abused: CEOs and executives are cleverer than us regular people and they know how to work the system to get more cash out of it, so they get paid more.

WooPeeA · 27-06-2008 12:08PM

No, I work just as hard

Kipperhell wrote: »

So do people really deserve 6 million a year or even say 120k a year? Is there work that much harder than yours? Do you think you work harder for less?

You forgot about responsibility. Most of those people are responsible for many workers, lots of money etc.. Of course they deserve it.

Or they created those companies from zero and they own them. So why shouldn't they make money on their own creations?

RealEstateKing · 27-06-2008 12:15PM

I am one of them

Of course they deserve it.

Up to a point yes.

But you do realise that the last 30 years have seen the income gap between these people and everybody else grow to levels not seen since the 19th Century?

The levels of income disparity have become truly feudal. We have now reached a point where, that bastion of the middle-class, the teacher, can no longer afford to buy a house.

Capitalism, when left to itself, will distribute income fairly according to ability and responsibility, up to a point. Beyond that point it become a winner-takes-all game.

WooPeeA · 27-06-2008 12:50PM

No, I work just as hard

RealEstateKing wrote: »

Up to a point yes.

But you do realise that the last 30 years have seen the income gap between these people and everybody else grow to levels not seen since the 19th Century?

The levels of income disparity have become truly feudal. We have now reached a point where, that bastion of the middle-class, the teacher, can no longer afford to buy a house.

Capitalism, when left to itself, will distribute income fairly according to ability and responsibility, up to a point. Beyond that point it become a winner-takes-all game.

Estate agencies are pumping prices up to the level when you can buy two houses in warm Spain for a price of small apartment somewhere in the Irish suburbs, food companies are selling **** that makes you only fat for price of best quality food in continental Europe etc... That makes that those teachers have to spend more money on daily life and at the same time prices of real estates are growing. I think that process will be stopped itself. Every too inflated balloon will crack..

The good thing about rich people is the fact that spending lots of money on travels, cars, houses, clothes etc.. they're giving lots of jobs.

whiskey&rum · 27-06-2008 12:51PM

Sam Vimes wrote: »

mama always said, there's only so much fortune a man really needs and the rest is just for showin off

Fcukin Plonker!

Sleepy · 27-06-2008 01:14PM

Like most other's have said - Yes and no.

I can't see how some CEO's salaries can be justified but, for example, I'd expect to be paid more in my position as a business systems consultant than if I was working as a barman or labouring on a building site.

Kovik · 27-06-2008 01:48PM

I am one of them

There's no such thing as a meritocracy. Wages are determined by supply and demand in relation to skills or training. While you can certainly increase your fortune by being very good at what you do, wage determination in general is determined by market forces rather than work ethic.

Kovik · 27-06-2008 01:49PM

I am one of them

Sleepy wrote: »

Like most other's have said - Yes and no.

I can't see how some CEO's salaries can be justified but, for example, I'd expect to be paid more in my position as a business systems consultant than if I was working as a barman or labouring on a building site.

The salaries of most CEOs tend not to account for much of their overall fortune. Assets account for the overwhelming majority.

AngryBadger · 27-06-2008 01:52PM

No, I work just as hard

Kipperhell wrote: »

Lets not include actors and sports people as that is a very particular group.

Out of curiousity what's so special about this group that they're being excluded?

27-06-2008 01:59PM

CSG reckons she derserves her pay as sometimes her job is really ****ing hard and sometimes it is easy enough to do. Yesterday she earned her money big time and since another person has been cut from her team she will be working god damn hard for it for the next while but she thanks herself for flexitime

Nichololas · 27-06-2008 02:00PM

AngryBadger wrote: »

Out of curiousity what's so special about this group that they're being excluded?

They get paid exorbitant amounts for not very difficult work?

all the stars · 27-06-2008 02:05PM

EM, i think the existance of this thread makes me remember a post i seen somewhere about "Ireland, being a nation of begrudgers" indeed the lovely Rosanna Davidson said it also.

Footballers is where i kinda wonder. How can one man who only kicks a ffotball be "sold" for 30 million or whatever.. I'm valueable - give it to me!

As for everyone else- sure why not... hope im one of the over paid soon

27-06-2008 02:06PM

Enlil_Nick wrote: »

They get paid exorbitant amounts for not very difficult work?

Bull****

Untill you've starred in a decent film with a decent skill challenging role or scored a penalty that won an important cup/league then you cannot talk

You cannot put a price on skill

brianthebard · 27-06-2008 02:14PM

Deleted User wrote: »

You cannot put a price on skill

And yet people do it everyday.

funk-you · 27-06-2008 02:18PM

Enlil_Nick wrote: »

They get paid exorbitant amounts for not very difficult work?

My GF is an actress and if you think it's not hard your just plain wrong. Just the three years in a London drama school alone is a killer. Emotionally and physically draining and she was up every day at six rehearsing, going to the gym, 8 hours of college, 4 hours of rehearsal and then come home and practice and learn lines , character study etc until bed.

Not to mention imagine going in every day under the strictest conditions and being told you have the grace of a bag lady and you are after putting on weight while you are trying to properly replicate some overly camp directors perfect vision on stage. When you finish drama school trying to get an agent and then giving up mst of your time to do unpaid auditions, most of which you wont get not because of lack of talent but because of your tits aren't perfect/you have a pimple/wrong hair etc etc.

Even if you "make it" the money you get is a lot to do with promotional work as opposed to the actual acting as well as people for some reason following you to want to know evey facet of your life and constantly judging you.

A lot of actors get into it for fame but most "real" actor do it for the love of their art. I've got a very good technical job and still have nothing but respect for actors who work very hard in a hard industry.

It's not all shopping and rat like dogs.

OT a lot of very well paid people have paid there dues and worked some god awful roles to get where they are and have loads of skills and experience that you just wouldn't see looking in from outside. In the private sector you'll only be paid what you're worth. If they're not making money off you then you wouldn't be there.

-Funk

Nichololas · 27-06-2008 02:21PM

Deleted User wrote: »

Bull****

Untill you've starred in a decent film with a decent skill challenging role or scored a penalty that won an important cup/league then you cannot talk

You cannot put a price on skill

Ok, how about an old old farmer in the back end of Vietnam. He's been farming rice from sun up til sun down for the past 60 years, and knows everything there is to know about it. That's a skill, yet he gets paid 10c a week. Now consider Cameron Diaz getting paid $20 million for Charlie's Angels: Full Throttle..

Wazdakka · 27-06-2008 02:29PM

Poll invalid...

No Atari Jaguar option

funk-you · 27-06-2008 02:30PM

Enlil_Nick wrote: »

Ok, how about an old old farmer in the back end of Vietnam. He's been farming rice from sun up til sun down for the past 60 years, and knows everything there is to know about it. That's a skill, yet he gets paid 10c a week. Now consider Cameron Diaz getting paid $20 million for Charlie's Angels: Full Throttle..

Ther's only one Cameron Diaz that would have gotten that reaction and made people come to the box office to spend their money. There's a million rice farmers giving the exact same product.

-Funk

gabgab · 27-06-2008 02:31PM

This is hilarious and smacks of begrudgery, a person, a product is worth what somebody or the market will pay for it.

That is a very simple facet of business.............

Some of the views on this are hilarious, everything is easy until you try and do it yourself, and anybody that has made a decent success of themselves at football has worked damn hard to get there.

For the people that do not think they deserve it, what do they deserve......?? How many people here are in a competitive job, every day the could get cut from a team, they train hard and have made alot of sacrifices to get there,

That is ignoring the percentage of people that NEVER make it, it is the same for the guy that opens up his own shop, they work hard.

The BEGRUDGERY on this thread is hilarious, almost comical if it was'nt actually so firmly believed,

That house/apartment that you're buying or renting....... Is it worth the amount you pay for it?? What makes it worth it? The principals are the same for most things involving money,

funk-you · 27-06-2008 02:32PM

gabgab wrote: »

This is hilarious and smacks of begrudgery, a person, a product is worth what somebody or the market will pay for it.

That is a very simple facet of business.............

Some of the views on this are hilarious, everything is easy until you try and do it yourself, and anybody that has made a decent success of themselves at football has worked damn hard to get there.

For the people that do not think they deserve it, what do they deserve......?? How many people here are in a competitive job, every day the could get cut from a team, they train hard and have made alot of sacrifices to get there,

That is ignoring the percentage of people that NEVER make it, it is the same for the guy that opens up his own shop, they work hard.

The BEGRUDGERY on this thread is hilarious, almost comical if it was'nt actually so firmly believed,

That house/apartment that you're buying or renting....... Is it worth the amount you pay for it?? What makes it worth it? The principals are the same for most things involving money,

+1,000,000,000

-Funk

gabgab · 27-06-2008 02:34PM

Enlil_Nick wrote: »

They get paid exorbitant amounts for not very difficult work?

Hey Enil what do you do for a living?? I reckon its a piece of piss and you're seriously overpaid for it.............

Thats annoying is'nt it......??

did you get up this morning at 5am, after finishing last night at 7 or 8, then going home, doing all the stuff the rest of us have to do, and then head in today, working in a pressurised environment, answering maybe:
25 and 200 phonecalls/e-mails in between appointments
lunch, you must be joking
Flat out all day people pulling from you in every direction, needing an answer for this, approval for that
Decisions that have an impact on your livelihood, your employees livelihood,

etc etc etc

colly10 · 27-06-2008 02:37PM

No, I work just as hard

Enlil_Nick wrote: »

They get paid exorbitant amounts for not very difficult work?

Because people look at these types of jobs differently, I think a Pro footballer is worth every cent he gets, if his job was easy everyone would be doing it. The simple fact is that even players like John O Shea are massivly talented and deserve to be paid well for it.

Highly paid people do they deserve it?

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