a-
The
Walt Disney Company is a microcosm of today's
corporate America: millions paid in
salary and bonus for the big boys while the company
downsizes by
"laying-off" staff.
The remaining employees are
squeezed as hard as possible.
Finally, foreign workers are hired on
H-1B non-immigrant visas thus shutting out
qualified Americans from mid-level management
positions.
For the lucky ones at Disney, January started out
with a financial bang.
On January 6, Disney announced that Chief Executive
Michael Eisner received a $7.35 million cash bonus in
2004.
With his base salary of $1 million and other
compensation, Eisner's total pay package was $8.3
million.