Abercrombie: Wage Increases to Cost $6M

Quote from EqtTrdr:

Oh.. poor CEO... only will take home $23 million instead of $29 million.... poor baby :(

oh.. wait.. I forgot... they will just past the cost along to their customers....


god forbid the top brass cant make extra insane $$, and would have to settle for just insane $$

:eek:

Has nothing to do with CEO pay. His pay is determined by the Board of Directors. It has to do with margins. Once the margins get squeezed, the investors will bail. At the end of the day, it's the worker who suffers, not the top brass.
 
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