Salaries, A6 and other unknowns

We certainly agree that a football player like Pogba definitely earns a lot of money for his performance in the sport, but that he receives 350 K EUR a week for it! does not correspond to his performance. In that sense, he has not earned it, but he gets it.

That was the only point.

And who decides what someone earns?

I find that interesting. Because at first, people say manager salaries are too high because they do nothing and the poor worker only gets minimum wage. But the football player on the field, who fills the stadium, attracts TV viewers, and enables merchandising, ultimately generating billions in revenue with his physical work, is overpaid?! In my opinion, world football is a good example of how those who do the work participate properly in the profits. The same applies to Hollywood actors. The fact that the absolute amount of these salaries is absurdly high compared to the average person is due to the amount of money the average person spends on, for example, football and movies.

And I find it interesting how some argue or stir up sentiments. No one said managers do nothing. But why the managers of Deutsche Bank have received millions in bonuses (!) over the years, even though the bank is continuously making losses and facing lawsuits in the billion range, just doesn’t make sense to me and I consider it extremely unfair.

Hello, I just got a huge raise and moved up 1,857,000 places in the ranking

Nobody said managers do nothing.

In my perception, this is often implicitly stated on almost every page of this thread. On the current page, you only have to look at #161 to read this again.

But why the managers of Deutsche Bank have received millions in bonuses (!) for years, even though the bank is posting endless losses and has lawsuits in the billion range hanging over it, I just don’t understand and consider extremely unfair.

The bank also fulfills its employment contracts towards its managers. These contracts will stipulate under which criteria bonuses are paid. If these criteria are met, bonuses are paid.
Maybe the losses would be even higher if the rewarded managers had performed worse? Do you know that? I don’t.
Why a billion-dollar company like Twitter can pay salaries even after 10 years without a positive result is probably just as much a mystery.
No one complains about the hundreds of millions in bonuses for the entire VW workforce, despite the diesel scandal that will cost 20-40 billion euros. But a handful of managers are supposed to pay their bonuses back retroactively... yeah, sure. They could ask the assembly line worker if he wants to transfer back his last three Christmas bonuses, then that drama would probably be huge.