• @[email protected]
    link
    fedilink
    101
    edit-2
    1 year ago

    Underpaid employees: Corporations are going to fix this problem they created by paying employees their share of record profits?

    Corporations: No, not like that!

      • @[email protected]
        link
        fedilink
        31 year ago

        I agree with this statement but thought I’d have a go at challenging it just for fun. The nature of profits and wages is relative to whether or not a business model requires workers to make profit. For example some companies make money off of owning the result of a worker’s labor (patents, software, creative work etc) rather than their ongoing labor. So while not all profits are necessarily unpaid wages, they are still dependent on the exchange of labor.

      • keeb420
        link
        fedilink
        -51 year ago

        Profits can go to cover capitol expenditures on your business as well. And there’s nothing wrong with that.

        • tider06
          link
          fedilink
          311 year ago

          Profit is what’s left of revenue after expenses are covered.

          • 👁️🫦👁️
            link
            fedilink
            21 year ago

            And capital expenditure isn’t necessarily an expense in the accounting sense. CapEx comes from previous profit

            • tider06
              link
              fedilink
              41 year ago

              It’s an asset charged as a fixed expense, depreciated over time. It is an expense, generally property or equipment, but still is an expense, which is defined as money spent in pursuit of revenue, which is determined before profit.

        • @[email protected]
          link
          fedilink
          131 year ago

          No, that’s “capital expenses” and companies write that off on their taxes. Profit is what’s left after all expenses, including capital ones.

        • theodewere
          link
          fedilink
          21 year ago

          they can be used to build a doomsday bunker in the desert for the owners

    • theodewere
      link
      fedilink
      91 year ago

      wait, you mean the Trump Tax Cuts haven’t trickled down to workers? well what in the Wide Wide World of Sports is a going on here?

    • Flying Squid
      link
      fedilink
      21 year ago

      My boss likes to show us how much money the company is making at our quarterly meetings. I think he thinks it’s morale-building, but I know, in at least the case of me and a co-worker, that all it does is make us think of how low our pay is.

      • arefx
        link
        fedilink
        21 year ago

        I would just straight up say that next time and make it weird.