Boeing faces strike of about 32,000 workers
10-16-2024, 09:53 AM
#171
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Joined APC: Nov 2017
Position: NYC 7ERA
Posts: 2,082
Agreed. The real problem is that the ones making these decisions are incentivized to make short-term solutions since they pay out based on them. Why would a CEO care about what that money would do to the stock price in five/ten years when they are worried about getting their bonus next quarter? The system sucks, and it's why I am glad that places like SpaceX and Starlink are, for now, at least, staying private. It allows for the business to develop outside of the yearly bonus structure most corps use.
His salary is impressive but the bonuses are where he makes real money.
And they are all tied to 3-10 year horizons. He gets the bonus for things he does now in 2027-2034.
Even if he moces on. Or his daughters get it if he's no longer living.
It is a well run company because they don't care about short term profits as long as the long-term plan is good.
But very few companies do this.
10-16-2024, 01:58 PM
#172
Gets Weekends Off
Joined APC: Mar 2017
Posts: 3,787
My wifes cousin is a C level executive at a company you've heard of.
His salary is impressive but the bonuses are where he makes real money.
And they are all tied to 3-10 year horizons. He gets the bonus for things he does now in 2027-2034.
Even if he moces on. Or his daughters get it if he's no longer living.
It is a well run company because they don't care about short term profits as long as the long-term plan is good.
But very few companies do this.
His salary is impressive but the bonuses are where he makes real money.
And they are all tied to 3-10 year horizons. He gets the bonus for things he does now in 2027-2034.
Even if he moces on. Or his daughters get it if he's no longer living.
It is a well run company because they don't care about short term profits as long as the long-term plan is good.
But very few companies do this.
10-16-2024, 04:04 PM
#173
At your mom's house
Joined APC: Jun 2008
Position: cpt 737
Posts: 2,829
I could be wrong tho
10-16-2024, 04:24 PM
#174
Gets Weekends Off
Joined APC: Sep 2016
Posts: 6,805
not to be political but…
10-17-2024, 07:18 AM
#176
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Joined APC: Sep 2016
Posts: 6,805
10-17-2024, 08:47 AM
#177
At your mom's house
Joined APC: Jun 2008
Position: cpt 737
Posts: 2,829
thanks. I must have remembered it wrong. Although such things were not as important to me or ubiquitous as they are now.
10-17-2024, 08:13 PM
#178
Line holder
Joined APC: Nov 2013
Position: On the bus,seat 0A
Posts: 3,343
It was during Reagen that stock buy backs were legalized, as long as we aren't political....
10-17-2024, 09:27 PM
#179
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Joined APC: Nov 2020
Posts: 1,913
I'm not in favor of stock buybacks specifically because it shows a business has run out of ideas for increasing revenue with it's cash, but in what rational could the govt outlaw stock buybacks?
10-18-2024, 02:14 AM
#180
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Joined APC: Jan 2018
Posts: 2,357
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