Iger's compensation dropped slightly to $43.9 million in 2016

Goofyernmost

Goofyernmost

Well-Known Member
I'm feeling pretty good now. His went down and my Social Security went up $4.00 for the first time in three years. SCORE!

I'm going to try and concentrate on not thinking about the fact that my rent went up $100.00 per month with absolutely nothing being added. At least at Disney, I can chose not to go there. Living on the streets is a lot less attractive. I better cancel my order for that private jet. :D
 
LAKid53

LAKid53

Official Member of the Girly Girl Fan Club
Premium Member
Bandini said:
Yeah, but wouldn't it be great if they re-infused some of this money into worker's salaries? I know I'm dreaming. I just wonder when enough is going to be enough.
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Some companies do - which is why they are consistently listed as some of the best to work for.

I partially blame business schools (and I'm a B school grad). It's drummed into our heads from day one that one of the most important goals to achieve is increase shareholders wealth. One of my finance professors drew a circle on the board and divided it into three unequal sections, then labeled them "customers", "shareholders" and "government". And guess which was the smallest section? The government. He then proceeded to explain the logic. Screw the customer, you kill the company. Screw the shareholder, you get fired. Screw the government (i.e., pay little or no taxes), they'll give you an award. Powerful lesson for 20 year olds to learn....and explains a lot.

Look, the most costly operation in any business is the human asset. Difficult to control, most managers have absolutely no clue how to hire competent staff, manage them appropriately and retain the good ones. And when things get dicey, they lay off staff - usually the ones that should have been let go, because the smart and good ones already left. And the worst managers? The ones who don't get that their most important asset isn't that digital device on everyone's desk, but the people sitting at them (think the DNC painfully learned that lesson). I'd sit in managers meetings listening to our CFO about the reputation of our division in the organization. He just didn't get that the disbursement supervisor rudely telling the president he couldn't do something wasn't the way to make friends. He treated information that was crucial to other offices as top secret...and critical of any of us who were customer oriented...and proactive. Eventually he realized he needed to move on - president started to question his funding models - and is now making other employees lives unhappy...

Sorry, my rant for the day...
 
D

drizgirl

Well-Known Member
LAKid53 said:
I don't think Bob's gonna have to worry about his retirement nest egg. Unless he's really stupid and his portfolio is just one asset - Disney stock. One diversifies for a reason - 2nd lesson they taught us in B school.
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Maybe I needed one of these at the end of my post: ;)
 
LAKid53

LAKid53

Official Member of the Girly Girl Fan Club
Premium Member
drizgirl said:
Maybe I needed one of these at the end of my post: ;)
Click to expand...

Yeah, they really need the sarcasm font...


;);)

Addition: that's my main peeve about communicating via typing words on a digital device - you loose the context that voice inflexion and facial expression provides... and get yelled at for typing in all caps to make a point (or you just don't know how to turn off the caps lock key).

Business schools are now including classes on how to communicate face to face...because most students communicate exactly how we are right this minute...typing words into a digital device and hitting Send. It still amuses me to watch my daughter text her friend sitting not 10 feet from her.....
 
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