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Money and Righteousness

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Gina:

--- Quote from: octoberose on October 13, 2015, 02:12:42 PM ---Well, don't confuse CEO and owner - they can be two differnt people. For the purposes of this discussion I'd like to address the owner. The owner takes all the risks, takes on all the debt,  owns the intellectual and physical property, and therefore can pay himself anything he /she would like - after payment of all employees, all bills, all taxes, all health care. In a small business no one works harder than the owner and often their hourly salary while trying to establish their business is dismal. 
 As for me I would rather work as to the Lord and not worry if someone is getting my perceived share of $200!

--- End quote ---

Exactly.  It is hard to have your own business with employees.  Companies often get sued by their employees for various reasons but mostly because the employees themselves are greedy for gain, not so much the CEO.


I pulled this off the net to help in the discussion:


Owner

When you’re the only person with equity in a business, you’re the owner. If you have a partner, you’re a co-owner. An investor who gets a percentage of profits, but not necessarily a share of the overall company, is not an owner. Owners often use this title if they are the top person in charge of the business. As the company grows and you add other key executives, you might need to take a more formal title, such as president or CEO. If you started the company, you are also the founder, and can use a dual title of founder and owner.


President

A president often serves as the public face of an organization, especially if there is more than one key executive running the company. When a company has a board of directors, the issue can become confusing. A board chairman might take the title of president if he holds the public spotlight, such as making speeches, writing articles and giving interviews on behalf of the business or nonprofit. If the organization’s management executive is the public face of the business, he might take the president title in addition to the CEO title.


CEO

The chief executive officer of a business is the ultimate person in charge of the strategic management of the organization, and oversees all other employees. If the company has a board of directors, the CEO answers to the board, which provides strategic guidance to the business, but not day-to-day management. At nonprofit organizations, the top businessperson often uses the title of executive director instead of CEO. A board chairman might also take the title if he’s heavily involved in running the business. If you turn most of the day-to-day management of your company over to a top executive while keeping the strategic management responsibilities for yourself, you might give your key executive the title of chief operating officer.

lareli:
Don't know what I'd do until I were in this situation..

God willing I'd pay us all $20. Why? Because we're all just children of The Most High doing the best we can and trying to survive, and I'm not in competition with them. I don't want to be better than them. I want us all to 'make it' in this life. Because 'love your neighbor as yourself'.. Because 'think of others as better than yourself'.. And why do I need to have more than them? It's only money and my life is only a vapor. What will it benefit me to have more than anyone else?

If I were to hand them $5 each and then put $155 in my pocket.. Yes to me that would be greed and perhaps self congratulatory.

Dave in Tenn:
Not enough 'facts' in your question for an answer.

In fact, in my country at least--I would HAVE to pay my employees first--even if it meant I did not pay myself and even if I had to go into debt to get the money to pay them. 

This is assuming there is not some other sort of arrangement like 'commission' or some kind of contractual profit-sharing.  Even in those cases, I would have to pay my employees first.

Nelson Boils:
Largely,I think your answer is very wise and unselfish.It is kinda like sharing your intellectual property with those that are "under" you.

Dave,I like your answer too - you putting others first before yourself -that is good!I remember I was once in a similar situation as you describe,but the owner was like:"I don't have money,the business is closing!"And yet,he probably got 15 maybe 20 times what we got payed!Eventually,we got some money,but after some infighting and protests.I didn't get involved in the scuffles though,I just sat back and thought "I wonder what would I do if I was our employer,or Jesus?What would be the righteous thing to do from the perspective of the employer."

When I didn't get involved in the scuffles,my fellow workers started asking me:"Nelson,whose side are you on?"

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