An interesting talking point has seized the interwebs today: The amount of money Target has set aside to pay its Canadian staff is slightly less than the money it paid out to one former employee: Its CEO.
Gregg Steinhafel took a total of $61 million U.S. from Target when he left the company last spring, according to Fortune’s calculations. Meanwhile, the fund Target set up to pay employees as it winds down operations over the next four months is set at $56 million U.S. (That’s $70 million Canadian, at current exchange rates.)
http://www.huffingtonpost.ca/2015/01/21/target-ceo-severance-canadian-workers_n_6517272.html
Advertisements
Tags: canada, inequality
Leave a Reply