Tuesday, February 25, 2020

The Median of 27 of the Largest Minnesota Companies' Top-Tier Executives Average Annual Pay and Employee Benefits Increase Was a Robust 16.3% Per Year During Mostly the Past 5-10 Years

Here's a summary of 27 of the largest Minnesota Companies' Top-Tier Executives Average Annual Pay and Employee Benefits Increase per year.  When you click in the chart below on #2 Northern Oil & Gas Inc, you will see an individual post for Northern Oil & Gas Inc including Compensation Tables, and then on the right side about one-fifth of the way down the screen, you can also access individual posts on the other 26 Minnesota Companies including Compensation Tables.

  1. nVent Electric plc +55.3% per year for the past two years
  2. Northern Oil & Gas Inc +54.5% per year for the past ten years
  3. Fastenal +40.1% per year for the past five years
  4. Medtronic plc +39.4% per year for the past five years
  5. Donaldson Co +34.4% per year for the past six years
  6. Sleep Number Corp +32.3% per year for the past five years
  7. TCF Financial +28.9% per year for the past five years
  8. Bio-Techne +28.5% per year for the past five years
  9. XCEL Energy +22.2% per year for the past ten years
  10. SPS Commerce +22.1% per year for the past five years
  11. Target +19.3% per year for the past five years
  12. 3M Co +18.3% per year for the past ten years
  13. ALLETE Inc +17.6% per year for the past five years
  14. US Bancorp +16.3% per year for the past five years
  15. Otter Tail Corp +15.5% per year for the past five years
  16. Hormel Foods Corp +15.5% per year for the past five years
  17. Pentair plc +15.4% per year for the past ten years
  18. Deluxe Corp +15.3% per year for the past five years
  19. Best Buy +15.0% per year for the past ten years
  20. Mosaic Co +14.3% per year for the past five years
  21. C.H. Robinson Worldwide +13.3% per year for the past five years
  22. Graco +12.1% per year for the past ten years
  23. Ameriprise Financial +10.5% per year for the past ten years
  24. General Mills +10.1% per year for the past five years
  25. UnitedHealth Group +9.6% per year for the past five years
  26. Travelers Companies +5.8% per year for the past five years
  27. Ecolab +5.6% per year for the past five years
Median Increase of all 27 Companies ..... 16.3% Per Year

When you review the above chart, it's  clear that Minnesota has a problem with continuing pay income inequality expansion.

And this has been happening for more than forty years.

So why has it not been fixed by the US Government?  Because both the Republican and Democratic US Presidential Administrations and the members of the US Congress either don't want to fix this horrific problem or the ones who want to fix it don't have the requisite skill set to get it done.  

The only 2020 Democratic Presidential candidate who doesn't want to fix it is Michael Bloomberg.  He says he wants to fix it but he is lying through his teeth.  He accumulated his $60 bil of wealth predominately on the backs of the middle and lower economic classes and was strongly against all unions and strongly for this massive, continuing expansion of pay income inequality which like all the overwhelming majority of Republicans are.

The other Top Democratic Presidential candidates (Biden and Bernie) want to fix this problem but especially at their advanced age they have absolutely no clue how to fix it. 


There is only one of the Top Democratic Presidential candidates who can fix this very complicated problem ..... the contemporary data-savvy, financially-savvy Pete Buttigieg, who also has a keen understanding of how businesses operate.

These elderly people running for US President all have obsolete data and financial skills and also have an obsolete view of how businesses operate.  I know first hand that especially in your 60's, 70's and 80's, this obsolescence of the requisite skill set to fix this problem expands exponentially.

The end result is that if any of these elderly candidates gets elected US President, I am certain that this massive, continuing pay income inequality expansion will continue unabated and probably even accelerate sharply like it has in the past three years.


On another matter, the Nevada election caucus counts seem very strange to me.

I suggest that it is mathematically impossible for Pete Buttigieg to get a 17.3% Final Vote, which is already after the voter redistribution for the 15% threshold effect, which miraculously dropped down by 17% to only 14.3% in the Nevada County Convention Delegate Vote without some unfair actions to have occurred.

It is even more mathematically impossible for Amy Klobuchar to get a 7.3% Final Vote which dropped down by an amazing 42% to only 4.3% in the Nevada County Convention Delegate Vote without some unfair actions to have occurred.

So, Joe Biden got a Not First Vote but Final Vote of 18.9% in Nevada just edging out Pete Buttigieg's Not First Vote but Final Vote of 17.3%.  But unlike Pete's 17% dramatic drop in the Nevada County Convention Delegate Vote, for some strange reason Biden's Nevada County Convention Vote increased by 7%.

End result, Biden got 9 delegates and Pete only got 3 delegates, even though Biden got a final vote  of 18.9% and barely edged Pete's final vote of 17.3%.  

What you have here is massive vote count corruption in the Nevada Democratic establishment in favor of Democratic establishment candidate Joe Biden.  And the Democratic establishment is asserting that Russia is subverting the US election when it's a drop in the bucket as compared to how the US State Democratic establishments including Nevada are corrupting the vote count.

And all of the Nevada election workers have to sign Non Disclosure Agreements to work there.  I now understand why.

What you have here is massive Nevada Democratic Party corruption in Sin City.

This is why many people have so little trust in the Democratic Party establishment and now realize that the deck is stacked against any Democratic Presidential candidate other than Joe Biden and thus it only makes sense that some of them will probably react by not voting for Democratic establishment darling Joe Biden in US States all over the country on Super Tuesday.

And for someone to loudly assert many times during the South Carolina primary, where 67% of the voters are black, that he was arrested for Nelson Mandela like Joe Biden did when he actually didn't get arrested for Nelson Mandela, it reveals that Joe Biden is either an opportunistic liar or senile and either way, he has no business being US President.