Tao Francis
speaker
430 appearances
7 recordings
1 series
first heard Nov 2017
last heard Nov 2022
Tao Francis’s voice in public audio — every appearance, attributed to the second.
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Appearances
They have much lower median pay numbers, $8,000 or so at Six Flags.
a little over 24,000 at LifeNation.
So really, when you're in different parts of an industry, you're going to see very different pay practices.
And a lot of that has to do with business structure as much as with company size.
That's right.
If you're an American worker looking for places to work, if you're looking at Hasbro and Mattel, you might be scared off by the lower pay number that one of them has.
That may just be a reflection, though, of their structural operations rather than what you're going to be paid as an employee in a particular kind of job at that company.
So these are useful numbers in analyzing companies.
Depending on the company and the industry, they may be useful in figuring out which firms are a good bet
for an individual.
But then again, it may have a lot to do with the kind of job you're pursuing.
Thank you.
That's right.
Lawmakers and the public really began to grow concerned in the financial crisis that high CEO pay gave companies and executives an incentive to swing for the fences and to take risks that they might not otherwise take.
So the idea really took hold that CEO pay isn't just a matter of equity or fairness or something along those lines, but rather a real risk that investors need to consider.
I was actually surprised by the frequency with which these large companies that have teams of lawyers and accountants
actually had to restate or revise past compensation disclosures.
And as you said, sometimes you're talking about $10 million, $3 million, $5 million.
These aren't always small sums.
So in this case, it wasn't the current year's pay.
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