“The other factor is those 214,000 employees don’t all work full time. A high percentage are part time.”
That’s the Gotcha, most of these employees are part time, it scheduled to be just under full time so they won’t qualify for any benefits.
I’ve been management at places that have required me to schedule people at 27.5 hours or 31.5 hours. This was mall retail in the aughts, so things may have changed, but they’ve probably only gotten worse.
Corporate would rather have a bunch of part timers that have to be constantly replaced than a solid team of full timers that actually want to grow with the company.
Once again, I haven’t had to hire or write a schedule in over a decade, so let me know if I am wrong.
Bcs otherwise they would have to admit/look at the party getting the rest of profits, ie the owners. A relatively concentrated class even in such a widely treated stock.
So yes, CEOs are just a corporate systems lapdog to take the heat with relative peanuts in pay while the owners take billions.
Dollar Tree doesn’t pay dividends, but has done billions in stock buybacks, which is the same thing (different tax aspect, depending on “investor” location). That affects the stock price ofc.
“The other factor is those 214,000 employees don’t all work full time. A high percentage are part time.”
That’s the Gotcha, most of these employees are part time, it scheduled to be just under full time so they won’t qualify for any benefits.
I’ve been management at places that have required me to schedule people at 27.5 hours or 31.5 hours. This was mall retail in the aughts, so things may have changed, but they’ve probably only gotten worse.
Corporate would rather have a bunch of part timers that have to be constantly replaced than a solid team of full timers that actually want to grow with the company.
Once again, I haven’t had to hire or write a schedule in over a decade, so let me know if I am wrong.
I don’t know why people are so fixated on the CEOs pay. It’s only 0,8% of the total profits.
Bcs otherwise they would have to admit/look at the party getting the rest of profits, ie the owners. A relatively concentrated class even in such a widely treated stock.
So yes, CEOs are just a
corporatesystems lapdog to take the heat with relative peanuts in pay while the owners take billions.Dollar Tree doesn’t pay dividends, but has done billions in stock buybacks, which is the same thing (different tax aspect, depending on “investor” location). That affects the stock price ofc.
Because they don’t work 10,000× more than the lowest paid worker.
But they get paid that for the reason the other person said, in part too - to take the heat off the owners.