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Is goodwill a publicly traded company? I always assumed it was a charity so surprised to find out it’s a corporation. Assuming it’s not publicly traded the sal
by the_lonely_road 5y ago
Is goodwill a publicly traded company? I always assumed it was a charity so surprised to find out it’s a corporation. Assuming it’s not publicly traded the salaries would have to be higher than normal CEOs who get most of their contribution from stock options. Obviously this doesn’t apply if you think all CEOs don’t deserve their current pay level. But assuming that’s not you, I wouldn’t be too concerned with 500K “executives pay” even if that is an individuals compensation. There are Goodwills in every city I’ve been too, they need a competitor leadership team.
Paying some of its disabled employees less than minimum wage is an out of context character attack as well. These are government programs to employ the otherwise unemployable. Most employers refuse to take part in the program. Large low skill employers like famously McDonalds and Walmart but clearly also here Goodwill take part and give these people jobs paying them the government funds. We shouldn’t be throwing shade at companies like Goodwill for giving people with Down’s syndrome employment but instead be throwing shade at companies like Goldman Sachs for not doing it.
- valleyer 5y agoCharities are often corporations. Corporation doesn't mean for-profit, and it doesn't mean publicly traded. At its core it just means "an organization that is legally treated as a unit". Goodwill is not publicly traded (since, as a non-profit, that wouldn't make much sense).
- dragonwriter 5y ago> I always assumed it was a charity so surprised to find out it’s a corporation It is a charity. Most charities are corporations (pretty much anything with an identity that isn’t a government of a facade for an individual is a corporation, LLC, or partnership of some kind, and charities can’t be partnerships or individuals, and I’m not sure about LLCs but even if they can be there probably is no reason to.