What is 'Duration'. Duration is a measure of the sensitivity of the price -- the value of principal -- of a fixed-income investment to a change in interest rates. Duration is expressed as a number of years. Bond prices are said to have an inverse relationship with interest rates.
Now, an attractions employee of Walt Disney World who has put in, for sake of argument, 40 years with the company (yes, they exist, I have met many) after this contract will make $14.07 an hour (with additional $.50 per hour wage increases per year over the next three years).
I head that the executive chef ad Disney World makes about $100,000 + per year. Country clubs chefs typical make about $75,000 per year. Its true what the other people said.Being a chef is hard work. You have to work nights, holidays and weekends. Its not like what you see on TV. Plus, you have to work your way up.ou have to start out at an entry level position (like prep cook, line cook or dishwasher). It takes, at the very minimum, about 5 years of line cooking experience before you can start looking for a job as a chef. Line cooks don't make much over minimum wage.