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  • jaaake@lemmy.world
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    2 months ago

    Cornell, who has led the Minneapolis-based retail chain since 2014, received $9.9 million in total compensation for 2024, an 87% drop from his 2020 peak of $77.5 million.

    What the actual fuck? Why are humans being paid $10m A YEAR, let alone over $75m?!

    • GoofSchmoofer@lemmy.world
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      2 months ago

      I love breaking down these huge salaries into 2 week chunks because I think it brings the disparity into perspective more for people since most of us get paid 2x a month.

      For $75 million that is a twice a week paycheck (I know CEOs don’t get paid this way) of $3,125,000!

      That’s the total of 1000 employees 2 week paychecks if they all made ~ $40 an hour

      • cenzorrll@lemmy.ca
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        2 months ago

        What it must be like to be able to retire after your onboarding seminar.

        • jballs@sh.itjust.works
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          2 months ago

          When you put it that way, that’s fucking insane. $2 million in retirement plus having my house paid off has always been my retirement goal. Granted, by the time I reach that goal, inflation and the cost of living will probably make that not enough.

          Still, to think this asshat makes that in less than 2 weeks is fucking ridiculous. Like why even work at that point? I realize “work” for a CEO is mostly golfing and expensive dinners, but still…

      • gramie@lemmy.ca
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        2 months ago

        $75,000,000 ÷ 26 = $2,884,614

        $2.8 million every 2 weeks, not $3.125 million twice a week.

        The reality is bad enough without exaggeration.

          • GoofSchmoofer@lemmy.world
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            2 months ago

            That is exactly what I did. I’m not a maths person. So maybe me trying to do math in a internet comment section wasn’t the best decision.