this post was submitted on 20 May 2025
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[–] jaaake@lemmy.world 105 points 14 hours ago (35 children)

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 57 points 13 hours ago (34 children)

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 25 points 13 hours ago* (last edited 13 hours ago) (1 children)

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

[–] jballs@sh.itjust.works 6 points 4 hours 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...

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