Kay Johnson September 12th, 2009
This is the same United Health Care that pays their CEO, Stephen Hemsley, $102,000 per hour. No doubt, his salary is about to go up!
socialist September 12th, 2009
Wow, his hourly earnings exceed the yearly earnings of 90+% of people lucky enough to have a job. It seems the concept of meritocracy has been inverted. Parasites that destroy are rewarded lavishly, while those that do productive work are treated like indentured servants.
True, in the USA, "meritocracy has been inverted". It has been flipped around so that the USA can now accurately and fairly be called an "unmeritocracy," or a "reverse meritocracy." The more rotten and useless you are, the higher your pay. Laugh out loud, but it's not really funny because it is very real.
For many years now, executives have been rewarded for how aggressively they gut pay, send jobs out of the country, and shrink employment above and beyond the off-shoring.
At the same time, a big majority of US corporate executives will not commonly hire, in the US at least, the most academically gifted, intellectual type people into their front line, "regular operations" positions. They will hire such clearly intelligent people only for the very, very small number of "academic back office type" jobs that might be available. And even before the current jobs depression, there were often no such jobs available.
[All of the above was in response to this article.]
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