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Post Info TOPIC: Well this sucks!


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Well this sucks!
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http://m.bizjournals.com/cincinnati/news/2015/05/14/kroger-ceo-mcmullen-gets-big-pay-hike.html?ana=yahoo&r=full



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http://www.wcpo.com/money/local-business-news/kroger-cokr-ceo-rodney-mcmullen-makes-96m-in-first-year-as-boss



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...And yet, the people who make that pay hike possible can barely feed their families...

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The real question is how can we stop this?

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Would you like fries with th... I mean, your milk in a bag?

Anonymous

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BagBoy wrote:

The real question is how can we stop this?




Only a company walk out would have any chance of changing anything. That will never happen. So just deal with the reality.

This.

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Anonymous

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That should have read company wide.

That.

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Anonymous

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1 Timothy 6:10

10 For the love of money is the root of all evil: which while some coveted after, they have erred from the faith, and pierced themselves through with many sorrows.

This.



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Anonymous

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So he gets a bonus of $2.4 million?

 

That's more than every worker in the whole store makes, combined. Heck, it is probably more than every worker in the entire DISTRICT makes, combined. 



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Anonymous

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I feel like if the union was smart they could fight for us to have better stock options. If we had more company control could we not vote down their raises or bonuses?



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Meanwhile, the Kroger Company fights tooth and nail to keep pay rates as low as possible while Walmart, Target, McDonald's and so on go to $9.00 an hour to retain quality, stable help.

Then, the company turns around and expects its workers to give 110% to the customers. Not happening.

Once I quit Kroger, I will never step foot in any one of this company's miserable, greedy stores again. Never will the company get another penny from me and I'll advise everyone I know to do the same. I suggests others do this, as well. Don't contribute to these fat cats' bonuses any more.



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Anonymous wrote:

1 Timothy 6:10

10 For the love of money is the root of all evil: which while some coveted after, they have erred from the faith, and pierced themselves through with many sorrows.

This.


 

I highlighted a part there for ya. Oddly enough, it's the one part that people often overlook or flat out forget when referring to this verse.

 

Spoiler

 

 

Tl; dr: Quit misinterpreting verses.



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GenesisOne wrote:

Meanwhile, the Kroger Company fights tooth and nail to keep pay rates as low as possible while Walmart, Target, McDonald's and so on go to $9.00 an hour to retain quality, stable help.

Then, the company turns around and expects its workers to give 110% to the customers. Not happening.

Once I quit Kroger, I will never step foot in any one of this company's miserable, greedy stores again. Never will the company get another penny from me and I'll advise everyone I know to do the same. I suggests others do this, as well. Don't contribute to these fat cats' bonuses any more.


 

Am I still contributing to them if all I walk in to the store for now is the Free Friday stuff and the half-gallon iced coffee that's marked down to $0.75?

 

God bless whoever does the ordering for bakery and dairy at the local store. They ALWAYS have tons of markdowns.



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This is why we need to vote. Our contract gave us minimal raises and kept everything else the same. It even took away some things for the newcomers. I voted "no" for that contract. We should be making at least $18 an hour for full-timers, and the part-timers should be making at least $9 or $10 starting out. We need to be able to make a living wage and live comfortably before the CEO's give themselves a raise.

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Cathy wrote:

This is why we need to vote. Our contract gave us minimal raises and kept everything else the same. It even took away some things for the newcomers. I voted "no" for that contract. We should be making at least $18 an hour for full-timers, and the part-timers should be making at least $9 or $10 starting out. We need to be able to make a living wage and live comfortably before the CEO's give themselves a raise.


I and others feel that the union is in bed with Kroger. The union gets its union dues and Kroger gets to keep the pay low while taking away things. It's a win-win for Kroger and the union.

Guess who loses.



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Here's what I did, I bought Kroger stock. Not through the 401(k) either. I have an old brokerage account at Schwab, so I bought 100 shares a few years ago, and Kroger stock went through the roof.

If you can't beat 'em, join 'em. I'm sure that's what Rodney is doing, due to the fact stock options and warrants are part of many executives' compensation.

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A former Kroger Kultist

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