That's a bit harsh don't you think? Not being eligible for assistance because your boss is successful?
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Anybody get a 35% raise last year?
- Thread starter Smooth
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Disneyhead'71
Well-Known Member
$8.90/hr min.
Yet those same people support those practices by continuing to fund the company. Disney isn't the federal government where you have to pay taxes if if you don't agree how that money is spent.
Based on what?
Disneyhead'71
Well-Known Member
The boss is successful, in large part, because of his work force.
So based on your statement, employees should not receive federal or state assistance just because the boss doesn't need it. That's ridiculous.
Disneyhead'71
Well-Known Member
Umm, SNAP qualifications. You know, the Supplemental Nutrition Assistance Program. They have actual formulas and stuff.
WDW Monorail
Well-Known Member
But the times the company is unsuccessful it is because of "incompetent management"
Kind of like how a team wins by it's players and loses by it's coach.
So at 8.90 people can live. Why then is there such an uproar for $15.00 an hour for fast food workers if 8.90 is the reasonable number.
Disneyhead'71
Well-Known Member
No, it is immoral and should be illegal for a CEO to make obscene amounts when a full third of his work force is being paid to work at Walt Disney World by the taxpayer.
So it would magically become moral if all CMs made 8.90?
Disneyhead'71
Well-Known Member
In Orlando $8.90 is doable. NYC, not so much.
yepitsandy
Active Member
Grossly large amount? Yes. No argument against that. CMs should get more, absolutely no argument against that.
However, he had a good year. Business is booming, parks are packed. Parks may not be perfect as we all wish, but they are making bank. Can't fault that. They are making money, so he is making money.
However, he had a good year. Business is booming, parks are packed. Parks may not be perfect as we all wish, but they are making bank. Can't fault that. They are making money, so he is making money.
Disneyhead'71
Well-Known Member
Yeah, if the taxpayer isn't paying your employees to work for you.
So just so I understand. If Disney were to announce that they are going to pay all their hourly workers $8.90 an hour regardless of what they do or their tenure, then Igers compensation becomes moral?
It wouldnt bother me if he made $100 million in a year. It bothers me that he inflates his own personal worth through (stock buybacks) which takes away from cash reserves and Im sure that is a contributing factor as to why it takes them longer to build a kiddie coaster than it took to build ALL of EPCOT. (and please keep in mind I said "contributing factor", obviously there is more to it) The company is making more money than ever yet the parks (in Orlando) need more help than ever. Sure, there are things in the works but they are YEARS away and Iger will be loooong gone by then.
Disneyhead'71
Well-Known Member
Kinda, certainly more moral.
Good luck operating a business that way.
And so we're tilting at windmills now? I'm game.
So, good luck running a business where the wages are set based on an arbitrary amount vs what the market states the job is worth? I agree.
Disneyhead'71
Well-Known Member
When you are the single largest employer in the market by far, you get to set the market.
"It's good to be the King."
GoofGoof
Premium Member
Well the article says his pay was down 15% the year before so he's making up for lost time
CEO pay is outrageous. So is the amount entertainers and athletes make. I'm a Phil's fan. Ryan Howard made $25M last year and hit something like .220 (for those who don't know baseball - that sucks) and he has another $60M coming to him for the next 2 years I have a hard time imagining making that much money. Don't even get me started on Justin Beiber making $80M this year...seriously. When compared to that Iger is grossly underpaid
One thing glossed over from the article is that the shareholders are voting on whether to split the roles of CEO and chairman again. The positions were consolidated under Iger. It's unlikely that will pass, but it really should. It's always a better idea to have an independent leader of the board.
CEO pay is outrageous. So is the amount entertainers and athletes make. I'm a Phil's fan. Ryan Howard made $25M last year and hit something like .220 (for those who don't know baseball - that sucks) and he has another $60M coming to him for the next 2 years
I have a hard time imagining making that much money. Don't even get me started on Justin Beiber making $80M this year...seriously. When compared to that Iger is grossly underpaidOne thing glossed over from the article is that the shareholders are voting on whether to split the roles of CEO and chairman again. The positions were consolidated under Iger. It's unlikely that will pass, but it really should. It's always a better idea to have an independent leader of the board.