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by aethros 551 days ago
I'd bet if you deduct C-suite salaries that profit becomes a heck of a lot larger. C-suite execs and wall street raid companies for profit all while screwing the average American. This is not news--look at stock buybacks.

If these companies paid less grossly-imbalanced compensation packages to their C-suite vs. the average employee salary, and they operated like an actual company vs. a rich person's piggy bank, I'd be sure willing to bet that profit margin would be a heck of a lot higher. They'd probably be more efficient and provide better service, too.

1 comments

>I'd bet if you deduct C-suite salaries that profit becomes a heck of a lot larger.

Instead of posting random conjectures with zero backing evidence, you could you know, actually do the research, because "burden of proof" and all. Anyways someone made a similar claim a few days ago, but about HP, and I debunked it with a 30 second search[1]. Unless there's reason to think that HP or united health are outliers in terms of corporate governance, I doubt the ratio between them will vary significantly.

[1] https://news.ycombinator.com/item?id=42342189