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Drudge Retort: The Other Side of the News
Sunday, May 16, 2021

Kroger's is closing various stores in California claiming it's because the hero pay is too high but they have more than enough money to give their CEO a $22 million dollar bonus.

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It's not about whether they can afford it, it's about them not wanting to afford it. The proles can go get better jobs if they don't like it. Kroger's CEO is a winner, he deserves his big money. Loser grocery clerks need more marketable skills if they want $4 more per hour. Simple.

#1 | Posted by Effeteposer at 2021-05-16 01:55 PM | Reply | Newsworthy 1

They can just move to China!

#2 | Posted by HeliumRat at 2021-05-16 02:33 PM | Reply

Eff,

"he deserves his big money"

That's BS.

Top earner wages today are less tied to "their worth" or "their value" and more tied to "power" and greed.

They are willing to demand as much as they can get.

Greed makes people push for the max.

A few decades ago top corporate leaders were more motivated and controlled by social mores that discouraged utterly selfish thinking and a tax code that made it less enticing to squeeze the company.

In America mainstream social values have been on a steady decline and the most horrible attributes of the human race instead of being discouraged are now encouraged, rewarded and praised.

No. This CEO isn't worth this money. He just has the power to take it.

#3 | Posted by BillJohnson at 2021-05-16 05:20 PM | Reply

Kroger's is Krap.

#4 | Posted by LegallyYourDead at 2021-05-16 07:43 PM | Reply

We quit shopping there when I was told the district office told them not to enforce the mask mandate.

#5 | Posted by AMERICANUNITY at 2021-05-16 10:19 PM | Reply | Newsworthy 1

This goes for Smiths too.... F them. My local Hispanic supermarket La Bonita blows everyone else away anyway.

#6 | Posted by bocaink at 2021-05-17 02:33 AM | Reply | Newsworthy 1

Kroger aquired a statewide grocery chain here in Wisconsin several years ago. The turn over of employees terrible.

#7 | Posted by SLBronkowitz at 2021-05-17 07:07 AM | Reply

#5 | Posted by AMERICANUNITY

I am so split on that. Enforcing it is the right thing to do for humanity but on the other hand people have been shot and killed doing it.

#8 | Posted by GalaxiePete at 2021-05-17 08:12 AM | Reply

As a former Cincinnatian I know that Kroger operates with very sharp elbows, in a business with razor thin margins. The company once was much more respected in its home town. They have had terrible employee relations for years, making unionization of their stores an easy mark for a long time. This guy deserves to be roundly criticized for his leadership 'style'.

That said, I wish they would come to Okiehomie, where the grocery stores are one step up from a combination general store and feed mill...

#9 | Posted by catdog at 2021-05-17 09:52 AM | Reply

Yeah, this is where the line has to be drawn. Like in 2008, bonuses should be scrutinized at an individual level, instead of holistic. Bonuses are meant for people who do good. When things go bad, then bonuses are not given. However, because they are relegated at a holistic level, the bottom-line numbers rarely show the real picture. If 10 stores close, that means nothing to a place like Kroger. But if you look at each store and determine how much it impacted the employees, the picture would be different.

But this is all predicated on the fact that the people who determine and approve bonuses are the ones getting them. Just like Congress making their own payouts and raises. See the trend...

#10 | Posted by humtake at 2021-05-17 12:20 PM | Reply

It's not without risk though. To have that job you have to but a lot of the stock. Businesses do fail and that value gets wiped out.

#11 | Posted by sitzkrieg at 2021-05-18 07:50 AM | Reply

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