>

And I work for a childcare company that pays some of its teachers less than $14 an hour 😡
What if we all took turns being execs for a week at a time? >

if it's 6 figures a day i can go for 2-3 days and i'm good >

I’d retire at the end of the first week. >

I’d stay as long as this guy and then retire in luxury. >

I’d say I was going to do that but would get addicted to the dopamine rush of seeing numbers in accounts and would become a shitbag greedy shell of a human, refusing to put any money I touched to use helping my brethren. >

Sir have you ever considered a career in politics?! >

He’d never make it. Too honest. >

Idk these days “I’m a shitbag who wants to get rich off your misery” might be a winning campaign slogan. Plus, there are several pictures of me in drag floating around. >

Aren't you already a congressman? >

No, they're the other kind of psuedo cultist. >

He did so little and made more money in that 180 day time period of moving, negotiating, failing and moving back than I’ll most likely make in my entire life. >

It’s worse than that. It was 90 days. That’s much worse. 
That’s a minimum of $9 million in 3 months. Or $36mln/year. Wow! >

The median lifetime earnings for a US citizen with a bachelors degree is 2.8 million.  4 million for a doctorate.
Guy made more than twice as much in three months, sitting on his ass screwing around.  Our economy is broken. >

Don’t forget all the taxes he paid though…….. >

Used a website for this 
Assuming they live in Florida (no clue using Florida cause Disneyland is there) have 0 dependents or any other tax breaks. And that is the entirety of what they earned that year
I got about 3.2 million in taxes on that money. Less than I'd say they should be taxed. And probably more than they were in reality. When you make that much money you have people for your taxes who get you every break >

If Disneyland then California, if Disney World then Florida.
Edit: than then english. Same same but different. >

If nitpicking, then... then. >

Is it? I was battling myself when I typed it. >

It's a conditional statement. If something, then another thing.
If/then, rather than "than."
I just thought it was funny, given the context. :) >

That makes perfect sense. My brain was stuck on when you list stuff as in orders, “do this and then do this” and the other part in my head was “this rather than that.” >

Wealth inequality is so bad it seems like a parody or Onion article whenever stuff like this gets revealed. >

The older I get the more I realize how fucked up this is.  The economy has a finite amount of capital, and if all these 1%ers are hoarding all this wealth, then that's money not making it to the bottom 50%.  It's just sitting in an investment account like Scrooge sitting on his pile of gold. >

Meanwhile we fight with each other over whether McDonald’s employees and regular workers “deserve” $15 an hour. >

What kills me is the folks in my life who get pissy about someone going from $10 to $15 are the ones making $15-17.
They perceive it as a threat to the little tiny edge they have over others in affording rent, food, and a car payment.
When one of the folks I'm thinking of got a bump to $25 an hour, suddenly he was all about the $15 for others. He made enough to feel safe relative to the small raise others could receive.
Low wages put people into a survival mode mentality. It's fighting over scraps and there's no time to tackle why we're fighting each other rather than the root cause. >

But the CEO deserves $6250 per hour because how else will they stay motivated to literally do nothing all day? It's actually quite hard and they have to work hard at it so they don't accidentally cause another oil spill, sexually abuse half their staff or any of the other PR disasters CEOs seem to be incapable of staying away from for a whole month. >

Company does well, the execs get a bonus. Company does poorly, the execs get a bonus. >

Don't forget about the workers. They get fired. >

And only the CEO gets a $20 million severance package, apparently >

Yep Golden Parachute off to another company he/she can be CEO of and make big bucks again. >

This is what gets me even more than the fact they get such huge severance packages. The fact that they will often find a CEO position at another company right away. 
Yup, bancrupting a company is such great experience to have. Absolutely invaluable skill in any company. No company can say no to such a qualified person, because there are only a handful people in the entire world who could do that job /s 
I feel like people who think that CEOs are one in a million super geniuses,  who deserve what they get, are brainfucked morons. >


Yup, bancrupting a company is such great experience to have.

That's the thing, it's all short term gain.  The CEO will swoop in.  Do layoffs, do short term fixes for maybe a few quarters of profit.  Then they jump ship with a bonus to another company.  
Meanwhile, long term fallout causes more issues and the workers left behind are screwed.  CEO's have absolutely no skin in the game and reap all the rewards., >

Fucking PREACH !!!
Ive been saying this exact thing for years... Just wish there was some obvious/practical way of changing things. >

Remember this when any major corporation tells you they don't have the capacity for a marginal raise in income for minimum-wage workers. >

what they really need to do is cut their managers and CEOs sallary significantly and start paying high taxes, so that everybody can benefit from it. >

Some of them times I'm fine with managers, it's the directors pay that's gotta go. >

Holy s*** balls, that's more than I, or most Americans, make in a year, that he got each day on the payroll. Disney shelled out over $1M for moving expenses - who has to spend $500k to move, even internationally, and even if you're rich? They bought his house from him when firing him. How in the hell do rich corporate executives get to fail so successfully while the rest of us peons are scraping dirt. >

Execs treat execs the way they want to be treated. If you punish and exec, they might punish you. It's a club. >

C-Suite controls who gets what, and unsurprisingly they give themselves the most.  They'd honestly take it all if they could, but they have to give a little to the bottom feeders otherwise it's illegal (and odds are no one would show up, but that's besides the point).
It's not like it's hard to trace this problem, either.  Executive salaries started to skyrocket back in the 70s and have continually grown disproportionately large as compared to "regular" employees.  They basically decided as a class they could start hoarding the profits and no one would do anything about it.  Lobbying helps.
Coincidentally, this is around the same time tax rates started falling for high-earners.  As an example, back in 1945, we taxed everything earned over $200,000 at a rate of 94% (adjusted for inflation, that is $3.3 million today).  Basically, that's the government's way of saying, "You don't need anywhere near all the money beyond this point, let's redistribute it and use it for good."
In 1981, everything earned over $108k was taxed at a 70% rate (adjusted for inflation that is $368k).  Double that for married filing jointly.  After that, rates started falling.  First to 50% and then down to 38.5% in 1987 during the Reagan presidency, infamously beginning the "trickle down" era.
We've hovered around there since then, and of course capital gains rates have stayed at 15-20% for a while, historically never rising above the 35-40% barrier.  Though there's slight variance for individual versus corporation. >

Regan fucked every generation after him that wasn’t born into massive wealth. >

That was the goal >

Hi Disney,
I feel like I would do at least as good a job as that guy.
I would be willing to work for you for 5 figures a day. >

Hi Disney,
I’m willing to work for less than the person above me at 4 figures a day. Hire me instead!! >

I’ll do it for $50k total if I can put Disney executive on my resume >

So is this just Racketeering? 3 months of 'work' and then gone and he made millions. >

He ought to be tarred and feathered >

America really is just a big pyramid scheme, isn’t it? >

You mean capitalism. Without intervention, capitalism will always funnel money to the top >

They’re one in the same for the time being. >

So the compensation he will receive in total — adjusted for both the $2 million unvested performance bonus and the $4 million in payments yet to come — comes to $10.3 million.
-I wish I was paid that well for any of my failures. >

I honestly could retire for life at 34 if I got that windfall today. It is so easy to make over a million dollars and keep a relatively decent lifestyle.
Assuming you get just 7% return on your investment you would be making $700k per year, for doing nothing with what he was compensated. If you only extract 4% you are still growing your money with average inflation at 3% so you are making $400k annually.
If you have over a million saved, and use the same basic math, you would have $40k to live on and get a 3% raise every year. That means that assuming you have your house paid off, your taxes would sit at around $5k-15k for your house+your income, leaving 35-25k for food, gas, and any travel without hurting your fortune EVER. You could theoretically pull out the growth % each year, and never give yourself a raise (basically have $70k to live off of); fair warning inflation at 3% basically doubles costs of ALL GOODS AND SERVICES every 24 years (rule of 72. 72/% of inflation = doubling cost; aka 72/3=24) Thus you want to give yourself a 3% raise annually, to maintain cost of living expectations.
Thing is, you go up from there, right, $2m gets you 80k annually, etc. etc. >

Please, how's anyone supposed to have a mega-yacht, a private jet, and six different mansions on a paltry $400k a year? You commies just want everyone to be poor. >

A DAY
Now let's assume 5 days per week for let's say 46 weeks a year:
Assuming six figures means exactly 100k, you're looking at a yearly salary of 23 million. >

Although he would have made less per day had he not been fired.
The calc includes the additional 5M for his house and relocation, and presumably some severance beyond the rest of his contract. >

A largely overlooked fact of corporate America is that those executives/directors are paid to move, live in free housing, given stipends to pay for all the cost of looking for their free housing, plus relocation bonus, plus yearly bonus, plus pay raises for position movement, plus corporate dinners every week, lunches 3 times a week, corporate bank card, the list goes on and on. 
There's a reason those high and tight executives move every 2 years. >

Nobody is worth that kinda money >

I am totally worth that money. But every time I ask them for that pay rise and those bonus payment they laught at my face. >

I wish people understood that when they pay $22 for a Hamburger at Disney, this is why. >

And rich people unironically wonder why we hate rich people. >

they call it jealousy, like i should not be extreamly angry a dude does dick all for 3 months and make probably 3-4 times what i will make my whole life working hard. 
i assure any rich people jealousy is not the emotion i am feeling. >

Right.  I am not jealous, I don't care that these people are rich and I don't care about the life they are living. What I am pissed about is the purposeful steps they have made to make life for the rest of us more difficult just so they could have more bragging rights about being rich. >

Bro made like $9 million doing absolutely dick.
Jesus Christ these people are living a different life, in a different world. >

I wonder where he'll end up next and how much they will pay him for the experience and expertise he now has. >

No one actually creates that much value. >

At the levels of upper management, you are actually paid for "protecting" the levels above you and the "management" institution. >

Managers don't really work and are overpaid. >

Bullshit. Too many managers are working 60-80 hour weeks to protect the team from the shit falling from above them. >

This tbh.
I think part of the problem is the good old Peter Principle. 
Management really is its own type of role and involves its own distinct skillset. A significant portion of that skillset also involves soft skills, which are harder to quantify.
But at the same time, management roles are often positioned such that it's the default or natural "next step" for anyone who wants to "move up the ladder" within a company or in their general career.
So it doesn't seem that shocking to me that a lot of managers were excellent salespeople, or engineers, or marketing strategists, or whatever other applied work they were doing, then got promoted into management despite being ill-suited for it.
Add in the fact that management roles often pay better than the positions that they manage -- which are seen more as "doing the real work" -- it's not surprising that a lot of Redditors have had more bad experiences than good when it comes to managers, and have developed a resentment toward management in general. >

It’s why large companies have multiple tracks for advancement. In mine for example you can progress on 4 tracks, management, project management, technical or other.
So a skilled engineer doesn’t need to step into a management role to advance. They can just progress as an engineer, without losing pay opportunities. Same deal with project managers. Rather than needing to step into a management role, they progress to manage larger/more visible/more expensive projects.
There are still some people who end up on the management track that shouldn’t . But managing people isn’t the only way to progress your career in larger companies. >

I bet Disney $1 million that I could do this person’s job at the same level or better and for the same pay. >

For 6 figures in one day, I’d be set for life.  It’s fucking sad we’re working our asses off to put food on the table and this guy made enough in one day doing nothing to feed 4000-5000 people for an entire fucking month.  You don’t even half to be a socialist or a Marxist to understand how fucked up this is, its blatantly obvious >

I could work for two weeks and then just stop showing up and never eve work again >

Pfff.... they lost their chance to hire me to screw up Disney for WAY less money! >

I personally still believe in your ability to screw things up. >

CEO Starter pack:

Get compensation package tied to stock price.
Issue stock buybacks to raise share price, depleting all reserve cash.
Company falls on hard times, has no reserve cash.
Receive government bailout. >

You forgot the most important thing of all.
The golden parachute. >

Step 4 immediately leads back to step 2. Then the golden parachute is deployed before repeating step 3. >

How do I get one of these exec jobs? I'm willing to forgo a lot of my personal morals to get paid that much >

You have to show a pattern of immoral behavior, yet not get locked up, yet still bring in money >

That would support me for more than my entire life >

Ya know it’s becoming pretty clear to me we should be well past the ‘Storming the Bastille’ part by now in the US. 
Wouldn’t it be something if we all stopped getting pulled into the media, elected officials and billionaire curated and masterfully executed distractions and called out their bull shit? 
Imagine what could change if we united and worked together to bring meaningful changes to all us regular folks? 
I’m usually a cynical Gen X’er about everyone and everything - but fuck these gazillionaires and their toadies.  It doesn’t have to be this way. >

I mean we should be doing a nation wide strike. Shit we should have done it years ago >


Morrell received $8.3 million in salary and bonuses during his three months on the job and five months on the payroll

That is obscene. >

6 figures a day for 3 months? How many movies are they gonna release?.... >

Does that include tips? >

Maybe he was an illustrator and drew six figures daily? >

Look, I know there is a ton of work into being an exec (obv job and person pending) but like, what could you EVER do to warrant even $100,000 a day?
Seriously, I can't think where that would EVER be justified >

Imagine all the nurses and teachers salaries you could pay with that.
He needs to be eaten. >

Assuming that the blerb from Disney is correct that he actually made 6.3 million, and assuming that the average teacher makes 50,000, then 126 teachers could have had their whole year paid for this execs 3 months >

That’s just one executive in one company >

Wow.  Another example of someone pulling themselves up by their bootstraps and earning every penny they make.  Too bad healthcare professionals, teachers, and nonprofit workers can't work as hard as this guy. vomit >

God damnit. Working one of his shifts would relieve 98% of the stress weighing on me right now. It's insane how $100,000 can be so little to some but an unreachable fantasy to many others. >

What the fuck. How do you justify being so important that you earn 6 figures A DAY. This is ludicrous. What kind of work do you have to do do justify earning that much? >

I mean, how effective can you be at a new company for the first three months ？ and to receive such a paycheck…. >

There’s this big push lately to replace workers with robots or other automation. When you replace a person with a self checkout machine, you’re only replacing relatively low wage employees.
We should be replacing CEOs and other execs with robots, it makes much more sense financially. With chatGPT prompts like “ceo style motivational speech about increasing profits and vague references to moving in a positive direction” it could do 95% of what many of these dinks now do. >

And with all the stuff chatGPT completely makes up but sounds 100% confident about literally no one would know the difference between it and a real CEO anyway >

This is why you should cancel next time they raise the price of their subscription service. >

I always wondered about these exec titles. Is it just me or do they sound like a bunch of made up bullshit? Did these jobs even exist 20-30 years ago or are they recent inventions? VP or AVP of some made up functions. Advocacy ? CEO consulting? Advising CEO’s of how to CEO? >

Assistant to the Assistant CEO >

I knew cast members who lived out of those weekly hotels. I had to live 6 to a house to barely make ends meet before Covid. I know soooooo many front line cast members who live paycheck to paycheck, and they get paid weekly. This ass clown can make that kind of bank but the company wants to bitch and moan about $15/hr??? Fuck these people >

When you spend money on Disney stuff, this is what you’re supporting. >

Paramedics in NYC don’t make in a year what this “exec” makes in a day. >

bUt cEo'S aRe wOrTh tHaT mUcH!!! nOt mAnY pEoPlE cAn dO wHaT tHeY dO!!! >

This story makes me hungry. >

I'll bring the A-1 sauce! >

I did the math.  My CEO makes my annual salary in one hour.  It's fun! >

Mine takes 13 hours…. Oof that’s not fun to think about. >

I think I see where some corporate fat can be trimmed to prevent future layoffs >

New York CNN — 
Few top executives have ever failed in a job so quickly — or so lucratively
I'm just gonna leave this here >

Fuck them. They pay Long tenured employees not enough to live off of. It's fucking criminal. >

Oh honey, we've been screaming this for decades now, hello? The news is NOT paying attn. As workers (you know, the ones who actually make the money for the corporations) have lost benefits and salary increases which *might* have kept up with the rate on inflation, EXECS have been taking, taking, taking. And for what? Because they collate the info that goes into those BIG reports to the head honcho? They're overpaid, and this article proves it. >

Look. This is why your subscription to Disney+ needs to go up. 
He needs to be paid for nothing >

Feels a bit like late 16th century France >

We need to start calling them aristocracy. >

Straight up wage theft from the mouths of the thousands of people employed by Disney just scraping by and their families. >

Also Disney: “we’re losing money, where can we make cuts?” >

Everybody does a job this man just does a different job. Gets paid more than we’ll ever see. The world is fucking trash. >

What did he do day to day that earned that kind of pay? >

Really shows you just how much money they are making off of us. >

In total, yes. They also have hundreds of millions of customers. Even $1 profit per customer gets you hundreds of millions of dollars. >

Very important person. Deserves a raise for all that stress. I hope he takes a rest at one of his many beach homes. >

If you think that’s bad, all the people who interviewed and hired him get paid even more! >

I've said it before and I'll say it again:
If any major companies are about to lose value due to the bad decisions of a former CEO but you need to blame it on a new guy I'm in. 
Just pay me like this for a few months, I'll take a hit to my reputation, and then you can bring in someone else to fix it. 
As long as it's not so bad it will get me criminal charges I'm all for it. 
"Who greenlit this awful restructuring?" Me! That's fine I don't care
"Why did we get this awful new software?" I suggested it. Personally. I even pushed for it. 
"Why did that guy get a VP role? He destroyed the department!" Everyone else hated him but I personally vouched for him.
I'll take credit for whatever legal dump you want me to. >

While the character actors and park maintenance staff can’t afford rent and food… what a scumbag company >

And employees are on food stamps. >

But they can’t afford to pay animators? Sounds like they suck at managing money >

Such a joke, this guy is small potatoes compared to what some of these assholes are making.  Why is everyone focusing on this one guy? >

For the same reason that yokels identify doctors as "rich". Big numbers are truly hard to comprehend and the numbers in this case are presented in a relatable way. >

Doctors make a lot of money in many cases. Doctors also tend to have a lot of school debt.
Doctors work their asses off like the rest of us. I wouldnt want to deal with every hypocondriac, every true chronic illness sufferer, every child with a snotty nose, trying to determine the best course of action for them through miles of red tape and restrictions and allergies.
This guy sat at a computer for a couple hours every day, maybe talked in a 10 minute zoom meeting. Failed to do his job satisfactorily, got fired and got paid a fortune to be fired.
If this aint illegal in some way, or to wash some illegal money, Ill eat my hat. >

I mean...we should start copying the French and just light stuff on fire.. >

This guy made more in one day than the average person will have at one time in their entire life >

Simple fact is taxes are far too low, and the highest bracket doesn't come close to approaching the levels of income the truly wealthy are paid >

Current taxes for the lower and middle class are fine. The rich need to be taxed way more, and this needs to be ENFORCED. No more financial loopholes or offshore havens for billionaires who steal resources from everyone and hoard it for themselves. >

Yeah, it's time to rectify this. >

I think the French had some good ideas on how to do so. >

And he'll pay less taxes than the average citizen. >

More is starting to emerge about why he was ousted so hastily. Evidently, Trump BFF Ike Perlmutter was trying to weasel his way back into the inner circle at Disney via a hostile takeover with another investor and Chapek was open to it. I think they averted a massive disaster by bringing Iger back in for a while longer. >

What i wanna know is HOW is shit like this so prevalent in our society? 
HOW do companies allow this/want this? I cant comprehend it like NOBODY cares that these guys come in and just siphon iff ABSURD amounts of money? And for WHAT? ITS ALL SO CONFUSING AND SAD >

They have employees in the theme parks having trouble making ends meet. I used to be one of them. >

Six figures a day? Fuck off >


That sum included $537,438 for relocating his family from London to take the job…

I moved 800 miles or so across country to take my most recent contract position, and they offered me $500 to cover all the costs of moving.   
Granted, I of course was not the CEO or any high ranking position. But you’d think a multimillionaire wouldn’t need to be incentivized to take a job and need that much for relocation but where would we be if the adage “the rich get richer…”  wasn’t true. >

Well clearly he worked like a gajillion times harder than you. >

Can I have a go for just like a long weekend? >

Nobody wants to drag these people out of their homes yet? Just me? >

$150000 per day, that’s $250 per second. NO-ONE is worth that! Whoever put forth, approved, or agreed to such an absurd amount should be handed a pink slip. If the board approved it, they all need to go! People who think such a salary OK have no grip on reality whatsoever. No wonder Disney brought Iger back with obvious lunatics running it into the basement. Why else have they raised park prices so much! We get to foot the $250 a second bill because of geniuses who are (hopefully WERE) in charge. >

No one needs 6 figure payouts a day 
Gross >

Absolutely no one is brilliant enough for that much money. >

All of these high priced execs get paid for maintaining the illusion of control. Maybe they set the vision of the company, maybe they develop new products or generate new streams of revenue, but at the end of the day, it is entirely about rewarding those who maintain the capitalist system. They are not kings of territory, they are lords of the capitalist system who are entrusted with investors’ money who also have an interest in maintaining the competitive system. You can’t be a socialist because that would go against the will of investors who all got their money the same way, by being brutal to consumers, labor and competitors.  And the people who trade stocks and manage huge funds, they all get paid big bucks for the same reason. Some execs might stray creatively from the mainstream but fundamentally they are holding up the pyramid while pushing everybody else down. That’s what they get for. >

He simply must've worked approximately 1,071 times harder than the average American worker. Hard work pays off, and this man is just that hard of a worker.... >

$148,000/day based on a 5 day work week. 
Based on a 40 hour work week, he made $18,500/hour. Damn. >

Okay, how the fuck do I get myself that job? 😂 >

What would America be without the key economies of California and New York? >

America…the land of opportunity if you’re a white  megalomaniac >

Cool, but no one cares about his low-skill ass anyway. >

Dude made the right turn at albuquerque >

He’s done literally nothing other than force his employees back to the office. WTF. >

For WHAT?! That’s ridiculous >

I can't tell if Disney fired him for standing up for the LGBTQ community or punished him for losing the rights to operate without Tax in Florida to appease Desantis Ego >

My dad worked 30 plus years clearing the roads from fallen trees. On call 24/7 and 9-5. Vital part of keeping our county up and running especially during storms. He was lucky to get to drive his work truck home. And then guys like this float around the corporate world signing off on this and that and get paid truck loads of money for what? The rest of us plebeians just keep the world running and get paid scraps. >

No single person’s work is ever worth that much. >

If we don’t overpay these CEOs, who else will we find to lose billions of dollars? Not just anyone can lose billions of dollars. You need to come from a family with a rich history of being billionaire CEOs. If you’re lucky, they’ll think of revolutionary economic strategies, like « layoffs ». >

"It's okay, he clearly did more work in those three months than the average American does in multiple lifetimes."
- People who think Capitalism is a Meritocracy >

Executive pay has become obscene. It's literally obscene. This just makes me hate Disney even more. I'll be god damned if I ever give that shithole company a red cent. >

This borders on obscene. >

Borders?  This stepped way over the line of obscene. >

Agree wholeheartedly, was being facetious with my comment. If they can find money to buy back his home surely they can find the money to pay their employees more. But alas, the argument about how stressful and more taxing the C suite is and how they need to be compensated will rise above the din and no change will occur. >

American corporations are corrupt. Run by greedy sociopaths. >

Fuck man, I’m depressed as shit and this is not helping. 
The fuck am I supposed to do about something like this.
Feel so fucking helpless >


The fuck am I supposed to do about something like this.

Probably go see a doctor because this post has nothing to do with you and should not make you feel this way. >

As long as there are millions of bootlickers defending this kind of shit >

If the shareholders of Disney stock don't care, then who are we to say how the corporation spends their money? >

You don't get it bro!!!1!1!!1 He is actually working 600x as hard as everyone else!! >

His body must be in terrible shape because I worked construction for a year and I was in constant pain, and this guy worked 600x harder than I did! >

The problem is Americans hear this and think "...hey, that could be me!"  And then they jam one thumb in their mouth and the other up their ass and waddle around the rest of their lives being miserable to each other because they're just a temporarily-embarassed millionaire.  
The correct response is nobody deserves this sort of reward for any job for any reason.  It is obscene.  That money can be used to better our society, or, if you're a sociopathic type, at least used to better the company they work for.  These people and those that put them there are deserving of neither title nor property, and we should be very, very angry.  We should be talking about ways to criminalize this behavior.  
But nope, doop-dee-doop-dee-doo work that thumb, dumbshits. >

It’s zip-a-dee-doo-dah with the thumb when wearing mouse ears though >

I can’t afford 6 Lego mini figs a day for 3 months >

This is why we don’t have a Wedway Peoplemover at Disneyland. >

That's not even that much. Minimim its $9,000,000. What'd he's gonna do with that? That only covers a mcdouble and a small fry. Not even medium. He'll have to go halfsies on a drink. 😂
Lolthissumbullshit >

I might make six figures total before I die. I will of course be passing it along to my many debtors. >

No wonder it's so expensive there now >

That needs investigating. Sounds like tax evasion on the company level >

Holy shit. Can they hire me for a week? I'd be GOOD. >

Good for him, many of Disney’s employees get paid shite and this dude came in and banked off of the clique like over payment that execs get. I hope they realize they’re dumb for throwing money like this and remember this stain in their balance sheets. Man as an investor I would be so pissed to see how money was thrown away like this >

It’d be real nice if the raising rates weren’t going to line the pockets of yokels like this, and to actually pay more to the creators, and artists that make the movies, shows, and theme parks happen.  Or it’d be nice if they just didn’t pay this much and kept the rates where they were. >

Can I have that job for like 3 days? >

This makes absolutely zero sense. There's no way he was doing any work that had this much value. He's literally been a talking head his entire life, what the actual fuck. Failing upwards doesn't even describe it >

I guess thats bit better than the 1 figure a day Disney's manual labourers get >

Boutta send in my application brb >

what i don't get about publicly traded companies is, their goal (or one of the top ones at least) is to maximize profits - so why don't they cut back on pay for execs? >

That’s a steep price for a pencil pusher >

This is why Cinderella makes $32,000 a year at Disneyland… every board member should be fired for this including Bob Iger. >

I would do a lot for 100k+ a day >

Disney bought this guy a $4.2 Million home, on top of paying him all that. Meanwhile, Disneytheme park employees struggle to afford basic shelter. >

Do executives add so much value to a company that it justifies paying them twice the average employee's annual salary each day? 
Is an executive's job really so productive that two average employees working for a full year only break even with a single day's worth of executive work?
If our system is supposed to be paying people for what they're worth to the company, and it is determined that the executive does not actually contribute as much value to the company as they're taking out in pay and compensation, then shouldn't the shareholders have a problem with that?  That there's a class of people at a company who take out more than they put in? >

Man how do any companies validate the cost for executives. Like I’m waiting for the day where it becomes a fad to let an AI run your company to gain 2% quarterly profit >

When you wish upon a star. . . 
Makes a difference who you are. >

Man, this ticks me odf