A Quote by Charles M. Schwab
I am not a believer in large salaries. I hold that every man should be paid for personal production. Our big men at Bethlehem seldom get salaries of over one hundred dollars a week; but all of them receive bonuses computed entirely on the efficiencies and the economies registered in their departments.
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County government can be simplified greatly by reorganizing and consolidating some of the offices, making others appointive, and reducing salaries in keeping with the salaries paid by private business for the performance of similar duties.
Now, modern economies have a very effective mechanism for deciding if salaries are really too high: it's called the free market. That's how most people's salaries are set, after all, including those of major-league baseball players and European soccer players.
If bankers can push the loans and make more profits for the bank, they get paid higher bonuses. They often also get stock options. If the bank goes under, they get to keep all of these salaries and options - and the government will bail out the bank. These guys will take their money and run, which is pretty much what they're doing now.
Suppose two-thirds of the members of the national House of Representatives were dumped into the Washington garbage incinerator tomorrow, what would we lose to offset our gain of their salaries and the salaries of their parasites?
Salaries should be set based on production and contributions, not positions.
Many argue that graduates earn a 'premium' because of their education, and should have to pay their way. I agree, and that's why I've always advocated a progressive taxation system - so if people do receive large salaries, they pay more income tax.
You cannot set salaries by decree. At the end of the day, it doesn't work with the market. What you can make sure to do is to train workers in order to make them more efficient and demand higher salaries because of their qualifications.
Today the salaries of stars are astronomical in comparison with the 20's, but the high cost of today's living and taxes takes a huge bite out of these salaries.
CEOs pretty much pick the boards that give them salaries and bonuses. That's one of the reasons why the CEO-to-payment [ratio] has so sharply escalated in this country in contrast to Europe. (They're similar societies and it's bad enough there, but here we're in the stratosphere. ] There's no particular reason for it.
If charter schools are not more successful on average than the public schools they replace, what is accomplished by demolishing public education? What is the rationale for authorizing for-profit charters or charter management organizations with high-paid executives, since their profits and high salaries are paid by taxpayers' dollars?
The men and women that are hired to take care of players' health, their salaries are paid by the team. Before games, you would see team docs and trainers, and they're every bit as as excited to, say, beat the Raiders as you are; their emotions are tied up in it.
I've noticed two things about men who get big salaries. They are almost invariably men who, in conversation or in conference, are adaptable. They quickly get the other fellow's view. They are more eager to do this than to express their own ideas. Also, they state their own point of view convincingly.
Neoliberalism has left Britain's boss classes drunk on triumphalism, paying themselves record salaries and bonuses while their workers are imprisoned by poverty and insecurity. It was never going to last.
I leave the governor's office next week, and with it public life[which] has been on the whole a pleasant one. But for ten years and over my salaries have not equalled my expenses, and there has been a feeling of responsibility, a lack of independence, and a necessary neglect of my family and personal interests and comfort, which make the prospect of a change comfortable to think of.
I am deeply concerned with the diminution of the teaching strength of the country as a result of the disproportionately low salaries that are paid to teachers throughout the country.
Every home that I have is paid for, every car that I have is paid for, and I am a hundred-million-dollar man. I mean, this is the truth; it's not a lie.
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