Thanks a lot, I like a lot this monthly wrap ups, tells what’s to be told and can focus on other stuff instead of being drained into the daily silly and useless headlines. Have a good one!
Energy crisis, more imports bought in USD, war and associated sanctions, less economic activity, rise of China's CIPS (clearing & settlement payment system) ... could be other factors, many variables for sure
Couldn’t agree more with your CEO payment take! And, great charts regarding life expectancy and declining birth rates, it’s hard to not be bullish on businesses related to automation and life insurance/healthcare.
Glad to hear, the only 'rationale' I heard (from an HR expert) regarding CEO pay is 'well, like this it creates this target of what's possible, hence motivating everybody to chase it.'
I so beg to differ: the huge gaps create more frustration and disengagement ... once people realise they are in the hamster wheel for something that is not actually realistic, productivity tanks and many other reasons and scenarios ... but would be too long.
I have some thoughts about the Bonus Chart :Growth of CEO pays relative to typical worker since 1978. First, the number of worker unions has been shrinking since 80s, it means that the bargaining power of workers could be smaller. Second, there are some alternative compensations for C level executives, such as Stock Awards beside basic salars. Third, advance technology has replaced some entry level workers and turns into automainto era. It reduces the working capital of business at the expense of labor income.
Great points Colin, appreciate them and agree ... all those play a role. Would still love the 50% off experiment and see what happens :). Have a great weekend!
Thanks a lot, I like a lot this monthly wrap ups, tells what’s to be told and can focus on other stuff instead of being drained into the daily silly and useless headlines. Have a good one!
glad to hear, jep ... no daily headlines, fancy/juicy hot takes etc ... thank you, U2!
Lots of great stories hidden in these charts, thanks for the post.
Glad to hear, welcome Amrita! Have a good day!
Thank you for these graphics.
Do you have an explanation for the 15 "SWIFT international payments", the movement is impressive?
Welcome!
Energy crisis, more imports bought in USD, war and associated sanctions, less economic activity, rise of China's CIPS (clearing & settlement payment system) ... could be other factors, many variables for sure
Thanks!
welcome!
Couldn’t agree more with your CEO payment take! And, great charts regarding life expectancy and declining birth rates, it’s hard to not be bullish on businesses related to automation and life insurance/healthcare.
Glad to hear, the only 'rationale' I heard (from an HR expert) regarding CEO pay is 'well, like this it creates this target of what's possible, hence motivating everybody to chase it.'
I so beg to differ: the huge gaps create more frustration and disengagement ... once people realise they are in the hamster wheel for something that is not actually realistic, productivity tanks and many other reasons and scenarios ... but would be too long.
Great points ref automation and healthcare!
Cheers!
I have some thoughts about the Bonus Chart :Growth of CEO pays relative to typical worker since 1978. First, the number of worker unions has been shrinking since 80s, it means that the bargaining power of workers could be smaller. Second, there are some alternative compensations for C level executives, such as Stock Awards beside basic salars. Third, advance technology has replaced some entry level workers and turns into automainto era. It reduces the working capital of business at the expense of labor income.
Great points Colin, appreciate them and agree ... all those play a role. Would still love the 50% off experiment and see what happens :). Have a great weekend!
great, thx!