Google

Friday, January 03, 2014

The vast gap between the Discovery CEO and the Bangladesh worker

Discovery CEO Stands to Make $110 Million in 2014 Pay - Bloomberg: "Discovery Communications Inc. (DISCA) Chief Executive Officer David Zaslav stands to make more than $110 million in compensation in 2014, the first year of a new contract that keeps him at the cable-network giant through 2019.

Including salary of $3 million, $6.6 million in potential bonuses and more than 1 million performance-based restricted stock units, Zaslav’s compensation would reach about $110.1 million this year, based on the value of the shares at today’s close. "


Bangladesh’s Poor Left Struggling as Power Fight Risks Gains - Bloomberg: "Standing on a dusty road in Bangladesh’s capital, Tanjila Begum weighed her options for getting to work at a garment factory as a planned political rally to scrap a Jan. 5 election kept buses off the streets.

For a moment, she considered walking 3 miles (4.8 kilometers) to avoid taking a rickshaw for 40 takas ($0.51), four times more than a bus ride and about 20 percent her average daily wage. In the end, Begum shelled out the cash, as she risked being docked a day’s pay if she arrived late.

“People like me suffer the most from this political unrest,” she said from her home in Rampura, one of the poorest neighborhoods in Dhaka, recalling her ordeal on Dec. 29. “I cannot stay home. I need food, and for that, I need money.”"

No comments: