Target CEO gets over $36 million in 2006

Are you kidding me!!!!! I dont care if the CEO has 1400 stores or 100 stores. It is his or her job to visit and hear employee feed back! But not at the tune of $36 million!!! People in corporate America need to wake up to the insanity of these salaries. I worked in the reatail industry for 24 years as a Manager for both Target and Sams Club. They are both Monsters who will drain the very soul out of you. The retail industry is in real trouble. I give it two years and they will be closing stores like a midnight madness sale!! You cannot continue to be Open 24/7 Weekends, Holidays, Longer Nights and expect to keep quality help. I dont think any of these CEO WORK PAST 5:00PM!! And if they do its probably a power dinner!!! But we are at fault for shopping in there stores and not demanding changes such as a Cap on CEO salaries,Better hours for employees, Better benefits, and lastly better pay. OOPS THAT'S ASKING FOR TO MUCH!!!Any way the Hell with them!!! They dont care about the hard working person!!!

Well, Target is mostly a well-run company, and it shows in the stores. It needs to do a bit more in the employee department, because Target is still hiring a lot of people who have behaviors that reflect the bottom of the wage scale. There ARE places with worse employees, including Wal-Mart, but Target could do better, probably by paying a bit more and insisting on better employee performance to accompany the increased pay.

Still, I don't see high employee turnover in my local Target, I see them retaining people I know to be good employees (yes, there are a few of them), and the store is orderly and well-kept. The merchandise mix is mostly right, and I see things that are definitely appropriate for the residents of the surrounding neighborhoods on the shelves.

Compared to what some of the other idiot CEOs of late (notably Home Depot's) have received in compensation, Ulrich's package is at least somewhat justified.

I bought Target stock (TGT) originally because I've shopped at Target for years, and I'm still adding to my position. I have about 50 shares.

you are correct

Bob Ulrich does do a great deal of work inside the company to earn his salary. I've met him on 2 seperate occassions as he goes around to the stores to see how they are doing -- not an easy thing when you have over 1400 stores to visit.

on both occassions when I've met him he was actually wandering the store talking to employees directally, asking them questions and hearing their comments or suggestions. On one occassion we had an issue with how some signage was supposed to be displayed and instead of being brushed off with a "well lets see what is said" he got out his cell phone and called the corporate office directally to seewhat the proper way to set up the signs was. Not exactually what you would expect to see from a CEO and he also got an answer from them within a few minutes.

cliff

you are correct

Bob Ulrich does do a great deal of work inside the company to earn his salary. I've met him on 2 seperate occassions as he goes around to the stores to see how they are doing -- not an easy thing when you have over 1400 stores to visit.

on both occassions when I've met him he was actually wandering the store talking to employees directally, asking them questions and hearing their comments or suggestions. On one occassion we had an issue with how some signage was supposed to be displayed and instead of being brushed off with a "well lets see what is said" he got out his cell phone and called the corporate office directally to seewhat the proper way to set up the signs was. Not exactually what you would expect to see from a CEO and he also got an answer from them within a few minutes.

cliff