CEOs don't set their pay, the board of directors sets it. At the end of the contract they can renegotiate for more.
If the CEO of Wal Mart were to work for free with the savings passed on to the customer you would see no change on the price tag. They sell hundreds of billions of items a year. It would be less than a penny an item. Set down and work out the total number of hourly workers they hire world wide, then figure out the number of hours they are paying for a year and you couldn't give the workers more than a couple of cents an hour if that money was applies to pay raises. Fords CEO pay would amount to about 6 bucks a car, but employees pay/bennies and retirement pay account for 67% of the price of a new car. Cut current Ford employees pay and bennies in half would reduce the price of a new vehicle about 17.5%. On a new 55,000 buck pickup that's close to 10K.
We sell tractor parts! We have the parts you need to repair your tractor - the right parts. Our low prices and years of research make us your best choice when you need parts. Shop Online Today. [ About Us ]
Today's Featured Article - The Ferguson System Principal An implement cutting through the soil at a certain depth say eight inches requires a certain force or draft to pull it. Obviously that draft will increase if the implement runs deeper than eight inches, and decrease if it runs shallower. Why not use that draft fact to control the depth of work automatically? The draft forces are
... [Read Article]
Latest Ad:
1964 I-H 140 tractor with cultivators and sidedresser. Starts and runs good. Asking 2650. CALL RON AT 502-319-1952
[More Ads]
All Rights Reserved. Reproduction of any part of this website, including design and content, without written permission is strictly prohibited. Trade Marks and Trade Names contained and used in this Website are those of others, and are used in this Website in a descriptive sense to refer to the products of others. Use of this Web site constitutes acceptance of our User Agreement and Privacy Policy
TRADEMARK DISCLAIMER: Tradenames and Trademarks referred to within Yesterday's Tractor Co. products and within the Yesterday's Tractor Co. websites are the property of their respective trademark holders. None of these trademark holders are affiliated with Yesterday's Tractor Co., our products, or our website nor are we sponsored by them. John Deere and its logos are the registered trademarks of the John Deere Corporation. Agco, Agco Allis, White, Massey Ferguson and their logos are the registered trademarks of AGCO Corporation. Case, Case-IH, Farmall, International Harvester, New Holland and their logos are registered trademarks of CNH Global N.V.