Executives earnings
-----------------
Magnum Allan - FLCC member. My website: http://dropzone224.tripod.com
*** This post was edited by MagnumAllan on 8/4/2002. ***
Whatever dude... don't tell me about business. I've managed half-million dollar development projects. What have you done? I would love for you to say to the face of any CEO who runs a publicly traded company that they don't work for it. Somehow I bet they'd be a little insulted that you don't consider the 60+ hour weeks "work." And if it's really so easy and you're so clever, why aren't you running a billion dollar company?
Oh yeah... because just enough to pay the mortgage and car is enough. I remember now.
-----------------
Jeff - Webmaster/Admin - CoasterBuzz.com, Sillynonsense.com
"Let's stop saying 'don't quote me,' because if no one quotes you, you probably haven't said a thing worth saying." - Dogma, KMFDM
-----------------
Magnum Allan - FLCC member. My website: http://dropzone224.tripod.com
yep, you're right Magnum Allan, Dick Kinzel does nothing...suuuure...riiiight... Is that why whenever he makes a decision everyone in the business sit up and pays attention?
Name any other person in the Amusement/Theme Park business who is thought of so highly both within his corportation and outside...I bet you cannot think of more than five. And THAT is why he is paid what he is paid. True he is not out on the midway serving up fries. True he is not being a ride op. But guess what! That is the way it is!
I only know of one park where the owner(s) are out on the midway, picking up trash, at the rides greeting customers, running the rides..(Holiday World)...and they can do it because they are not a huge park with a resort, not to mention having nine properties to manage!
Yes, most (if not all) CEO's say, "I want to do this" and the people who report to him work on that task. Guess what, The President of my comapny says he want something done, it gets assigned to my boss, who then makes the plan and assigns it to his direct reports and then I, in turn assign the detail work to my staff and the project gets done!
For a person who is getting an MBA, you have no freaking clue as to how business actually runs, so I do hope you follow through and quit posting on this topic as you stated in your post.
(EDIT: He had stated in the second to last post of his that he was going to stop posting on this subject, but sebsequently edited that statement out of his post.)
-----------------
Posting, "Me too" like some brain dead AOLer. I ought to to the world a favor, and cap you like old yeller...
*** This post was edited by redman822 on 8/4/2002. ***
Actually, I'm not getting an MBA. As the quality of your message indicates, you really don't understand what I'm saying. I'm not saying he doesn't do a lot of work; I'm simply saying that he does not do enough work to justify his salary.
p.s. I really had a great laugh when you said 'True he is not out on the midway serving up fries. True he is not being a ride op" because you obviously had no idea what I was saying. At least your post was worth some entertainment value!
-----------------
Magnum Allan - FLCC member. My website: http://dropzone224.tripod.com
OK, you want to talk about humor value, let me hit your posts...
First you said at 7/31/2002, 4:03:31 PM:
Kinzel's salary needs to be reduced by half at least
Then at 7/31/2002, 6:31:24 PM
The problem I have is not with their salaries but with their bonuses.
Then at 7/31/2002, 6:38:53 PM
Well, you are generally correct and while I still think they are slightly overpaid, I can agree.
And as far as my thinking that you were going for an MBA, you stated at 8/3/2002, 1:51:46 PM:
After business school, I could do his job.
So, who's humorous now?
You with your floating arguments and vague references to school?
Make up your mind...then come to us with a valid point of view so we know exactly what you want to debate here.
-----------------
Posting, "Me too" like some brain dead AOLer. I ought to to the world a favor, and cap you like old yeller...
-----------------
Magnum Allan - FLCC member. My website: http://dropzone224.tripod.com
MagnumAllan stated:
Now I am done with this thread.
Please, God, let it be true!
As far as my going through your posts to compile my last message, it took me a matter of minutes, I have seen your argument change all along and felt it necessary to make it clear to everyone else that you can't even make up your mind on what you're arguing for or against.
And if you make nebulous comments to "I am going to school" and then drop in a line of "After business school, I could do his job", what do you expect us to think? That you're going for a degree in underwater basket weaving? We are not mind readers here. If you want to have a discussion with one, go ahead and contact Miss Cleo - the first three minutes are free.
-----------------
Posting, "Me too" like some brain dead AOLer. I ought to to the world a favor, and cap you like old yeller...
Of course Dick Kinzel will tell people what he wants done and expect them to do it. I certainly would not expect him to do all the "grunt work" necessary to implement those decisions. There is not enough time in the day. As a LEADER he must delegate that work to others.
As for the amount of time he spends working... I have yet to come across a boss who has worked less hours than me. Most worked more hours and had more hectic schedules. I would be surprised to find it any different in the amusement park industry.
My last point... I fail to see how "anybody" can be a CEO. School can provide you with knowledge. That is a far-cry from having the WISDOM necessary to run a business. I can't remember how many leadership courses I had during my Naval Officer training. Compared to the experience of leading a Division of Sailors, all those classes were practically worthless. The same applies in business.
MagnumAllan said:
You all are idiots. Go ride some coasters and have some fun but by all means, please have the dignity to not try to act smart when you aren't.
that's a weird statement coming from, someone who stayed up intil 4am responding to posts different from his views.
Well at least with the name calling now we can be sure he won't be answering.
-----------------
Jeff - Webmaster/Admin - CoasterBuzz.com, Sillynonsense.com
"Let's stop saying 'don't quote me,' because if no one quotes you, you probably haven't said a thing worth saying." - Dogma, KMFDM
True leadership and vision are valuable commodities in the business world. These traits are not taught in B-school. They are cultured, nurtured and developed through years of experience and are rewarded accordingly.
Congrats, Mr Kinzel, on a job well done.
Allen, you sound like any other under grad with your head filled with a grandious ego.
Well, I missed a lot over the weekend. I am NOT saying that Dick Kinzel doesn't deserve what he makes. Nor am I saying that Michael Eisner doesn't deserve what he makes.
I believe they both have contributed to the success of their companies over the past 15 years and should be paid accordingly. What I was saying, and perhaps not very well, is that someone who works for Disney, with the success that companies has, should not be struggling to pay rent and should not require food stamps. Why should the government support an employee of the Disney company?
Cedar Point is different. None of the full time employees are at the poverty level. What I was saying in their case is that I know where the salaries start for low-level, year round employees and it is low. Should it be 40K? No, of course not. But, it could be higher considering the number of hours they put in, especially when you consider how much the operating season has been extended over the last 12 years or so.
Executive earnings are "what the market will bear"....so are all other employees.....is the market fair? NO! Never has been, never will be.....
But I did in fact get my Bachelor's in Bus. Admin., and my *point* is that employees who interact directly with the public ARE your first, best, and lasting contacts with your CUSTOMERS....much like the argument of wearing a $10 motorcycle helmet on your $10 head, paying minimum wage to your "front-line employees" suggests to me that your business feels that guest relations are easy, or SO much fun that anyone would want to do it.....
I *understand* that there is an inherent benefit to working at a park, or as an on-air personality, or ahem, even in Florida, but it does NOT mean that employees working with the public don't need to be paid or appreciated either.....
bill, jumping down off his "socialist soapbox"....for now...;)
*** This post was edited by rollergator on 8/6/2002. ***
But if you (and everyone else it seems) understand this, then why is it so hard to imagine that the so-called under-appreciated and under-paid people keep doing the same jobs for the same money?
-----------------
Jeff - Webmaster/Admin - CoasterBuzz.com, Sillynonsense.com
"Let's stop saying 'don't quote me,' because if no one quotes you, you probably haven't said a thing worth saying." - Dogma, KMFDM
Well, there are a TON of people (the majority in fact) who live SO close to their weekly paycheck that they really don't "get it" that there is a whole other way to live.....it's not *hard to imagine*....it's reality.....
Not that much different really from the "silver spoon" crowd that just doesn't "get it" that most folks don't have to (get to?) choose between the Jag and the Rolls when driving to work....
Believe me, I've seen both, and there really is very little interaction or understanding between these diverse populations....
Why do they? Good question. But, the parks are going to have to act before the employees do.
It used to be simple to recruit. Talk to any HR manager at any of the parks and I guarantee you they will tell you their job is more difficult now than it was 10-15 years ago. And the trend is not in their favor.
You must be logged in to post
