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"We chased large bands of Americans into a canyon and blamed them for being trapped," she told members of House Financial Services. She pledged at a hearing to strengthen the rights and protection of workers.
"Bob Iger is a nice guy, a brilliant manager, just like most CEOs, but corporate surpluses have become so standardized that they can no longer see the problem, as well as their peers," he said. she declared Wednesday.
The company responded by stating that it was paying workers a wage above the federal minimum wage of $ 7.25 at the time.
"We need to change the way we understand and practice capitalism," Disney told members of the House committee.
"Yes, executives have a fiduciary duty to their shareholders, but they also have the legal and moral responsibility to provide shareholder returns without compromising the dignity and rights of their employees and other stakeholders," he said. -she adds.
Disney argues that there is nothing wrong with a big payday for executives as long as workers can support themselves. She urged lawmakers to look at the wage relationship between CEOs and full-time workers with the lowest wages, rather than the salary gap between top-level employees and the median income level – something that some Democrats have advocated.
"The median ratio is not a useful ratio, it treats the least paid worker as if it were invisible," she said.
Some Republican members of the committee have asked Disney to say what is a fair salary for a CEO and what rate is a living wage. She replied in response that not all CEOs should be paid the same way and that a decent salary is not the same in all cities.
"What I'm trying to say is that we provide figures on the appropriate remuneration of the CEO, what should the CEO be … but there is no clarification on the way to do it, "said the representative of Indiana, Trey Hollingsworth adding that an attempt to determine what these rates would lead to a" socialism ".
The hearing also focused on a Democratic proposal to require public companies to disclose more information on employee compensation.
Wisconsin Republican Representative Sean Duffy asked Disney what she was earning and what she was paying at home for the lower-ranking worker. Disney reports that she earns between $ 5 and $ 6 million, pays her about $ 75,000 a year for her most junior employee, and between $ 7 and $ 8 million a year.
Later in the day, a Disney spokeswoman said that she misunderstood the issue and that she had other employees to whom she was paying less, although she is paying for it. $ 75,000 to his housekeeper.
Republicans also drew attention to the fact that Democratic committee officials had allowed Disney to be assisted by a private film crew.
Disney said she hoped to make a documentary about income inequality and that audience footage could be helpful.
When asked if the filming would be directed to a for-profit entity, Disney said the film might be making money, but that she would not see it.
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