Karma is a removed!
Target’s CEO pay ratio now stands at 753 to 1, with median employee pay at $27,090.
I found the problem!
So every single day this guy makes TWO YEARS of wages for his median worker. Every year on the job, he makes over a DOZEN LIFETIMES of wages for the median worker at his company.
Seeing the hundreds-to-one ratio shows that there’s a big difference, sure, but mapping that to the time comparison really puts it into perspective. Kind of like how a million seconds is 11 days and a billion seconds is 31 god damned years.
It’s never going to be a surprise that the head of a company gets paid more than the other employees, but let’s not pretend that their ridiculous compensation is “what I earned” versus “what I could get away with.”
Yeesh, you’re exactly right that this is the right way to think about it and thank you for pointing it out that way. Absolutely disgusting, I can’t believe we all allow this. I’m pretty fuckin good at math and those timescales and numbers are just not intuitive, I’m always surprised with figures like these, even though I’ve seen em before. If people knew, really knew this stuff, I have to believe it would change.
Anyone “earning” like this while the people (and their families) propping up these fiefdoms sacrifice and struggle the way they’re forced to - anyone doing so is de facto amoral. I’d go so far as to say deserving immediate death, no further evidence needed.
But maybe that’s the 4 beers my old ass had tonight making me feel spicy, lol.
Oh no! His salary was slashed 50% to only $9M?!?!? How does the poor dear survive?
Most of us survive on less than 1% of that. Yay! We’re One Percenters!
Target’s CEO pay ratio now stands at 753 to 1
That oughta teach him!
Oof
I saw CEO and chopped in one sentence and I thought the guillotines have finally come out. It’s a good start, I guess.
Oh no, only a few hundred million a year instead of all the millions a year? Devastating
Guarantee this prick is furious over this, don’t worry. Like, probably even more upset than you or I would be for getting fired unfairly. These people have their entire identity and ego wrapped up in this stuff, their brains are broken.
He can only buy one yacht and winter home in Aspen this year. How sad.
Wait until they see a guillotine rolling up the street
I personally prefer to buy my guillotines from Costco rather than target.
I prefer public caning so everyone can get a whack.
Still not enough. As someone who frequently shopped at Target, I doubt I’ll ever go back.
Keep axing and I bet the situation will improve for everyone.
I closed my target account when they pulled this crap. Shopping Costco and thrifting only now. No walmart, no amazon either.
Amazon has sucked for at least a decade. It was a solid base idea. But they don’t give a fuck about the consumer.
Neat! Hope he loses even more!
Go woke or go broke.
Go fash lose cash.
Didn’t target boost prices leading to record profits during the pandemic? Seems like balance is returning to the world. Perfect time for some tiny violins
He still “earned” 753x more than the median Target salary. Crushing, I am sure. How will he ever survive?
meanwhile costco traffic doubled :)
The only bit of the title I can fully get behind is this:
Target CEO.
Target CEO 🎯🎯Greedy pricks like this should live in fear.
