Target CEO pay doubles.

[Frontlanegirl]

Target CEO Brian Cornell's total pay doubled to $17.2 million last year - https://www.cnn.com/business/live-news/stock-market-news-today-032919/h_2bec9be7f3c4f7a4f5c1d91ff6f7133f?utm_term=link&utm_source=fbbusiness&utm_medium=social&utm_content=2019-04-29T21%3A01%3A00&fbclid=IwAR3zZkInSAYLGCrLc1rQzDnrGc9TCOM_yz2HL4YZ7SUwnZ965RdBwriepHs

 

[Fyi]

We should all send a nice email to
[email protected] congratulating him.

“Cornell's salary was 767 times more than Target's median worker salary. The median worker at Target made $22,439 last year. Target had 360,000 employees last year.”

 

[commiecorvus]

Brian makes $32.73 a minute every day, no matter if he is awake or asleep.

 

[ThatAPguy]

Hey Brian, can I get a loan 💰

 

[NPC]

We should all send a nice email to
[email protected] congratulating him.

“Cornell's salary was 767 times more than Target's median worker salary. The median worker at Target made $22,439 last year. Target had 360,000 employees last year.”

Take his entire year's salary and distribute it to all 360,000 team members. We all get $48 bucks. Just for some perspective.

 

[jarman]

https://www.bizjournals.com/twincit...o-brian-cornells-pay-doubles-in-2018-but.html. base pay went up slightly. its stock options.😎

 

[Times Up]

https://www.bizjournals.com/twincit...o-brian-cornells-pay-doubles-in-2018-but.html. base pay went up slightly. its stock options.😎

Stock options that increase in value due to the labor that WE provide. I'll take some stock options to double my pay.

 

[NKG]

Whelp I see everyone forgot that the minimum wage is moving to $15 next year

 

[qmosqueen]

Whelp I see everyone forgot that the minimum wage is moving to $15 next year

Add gasoline right now is 3.29 per gallon in 2020 gasoline will we well over 4.00 per gallon. So I will be spending an extra 80 dollars a month just on gas for the car evens out or even less.

 

[Send me a sign]

Brian makes $32.73 a minute every day, no matter if he is awake or asleep.

And they want to put timers on us?????

 

[commiecorvus]

And they want to put timers on us?????

Makes you thinks, eh?

 

[band_rules16]

We get to wear jeans. It makes up for it.

 

[Send me a sign]

Whelp I see everyone forgot that the minimum wage is moving to $15 next year

Is that $15 coming out of Brian’s overstuffed pockets? 👎 It is coming from cutting tms hours in half, so please don’t try to present this as an overall win for everyone.

 

[NKG]

Is that $15 coming out of Brian’s overstuffed pockets? 👎 It is coming from cutting tms hours in half, so please don’t try to present this as an overall win for everyone.

I didn't say it was a win but everyone forgot about the pay increase

 

[commiecorvus]

Take his entire year's salary and distribute it to all 360,000 team members. We all get $48 bucks. Just for some perspective.

Cut his salary down by 9 million and use that increase hours.
It wouldn't be a lot but it would be some for each store.
This would come out to a lot more than $48.00 in the long run.

 

[Times Up]

Whelp I see everyone forgot that the minimum wage is moving to $15 next year

Um, unless you're currently making $7.50, that $15/hr isn't doubling your income.

Additionally, that full $15 may not fully show up for another 20 months.

 

[NKG]

Um, unless you're currently making $7.50, that $15/hr isn't doubling your income.

Additionally, that full $15 may not fully show up for another 20 months.

It's still an extra $100 in your pocket

 

[oath2order]

 

[signingminion]

It's still an extra $100 in your pocket

Not at 15-20hrs a week. Unless you meant $100 over the year...

 

[unknown]

I didn't say it was a win but everyone forgot about the pay increase

Believe me when I tell I have not forgotten it. It's not an increase for me. But I still got my hours cut. Brian's pay doubles, mine goes down. Thanks.

 

[Send me a sign]

I don’t understand your math. Where is this extra $100 coming from? The article states average tms made $22439 last year. Now that the hours have already been slashed drastically, averages will be dipping far below $19000 in 2019. That’s a generous estimate on my part, since I used $15 in my equation and most tms are still under $13. But let us all be ever so grateful for our CEOs generous leadership?

 

[Frontlanegirl]

It's still an extra $100 in your pocket

Not if your hours are being cut, like many people are posting.

 

[jackandcat]

Not trying to defend the guy but his actual salary was $1.38 million. The rest was "stock awards" and "incentives and other forms of compensation." CEOs hire negotiators who bargain and haggle with boards, they present a dog-and-pony show to the boards. All too common today in the biz world, it's not unusual except the pay gap is worse than companies with better paid employees.

 

[Tessa120]

If stock options were the dramatic increase, then why did my 401k that was tied to Target's stock lose money last year?

 

[Antennae]

Gonna be a yuuuuge golden parachute when this chump bounces.