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).
Next up is Goodyear CEO Richard Kramer, whose cash compensation of $15,086,645 resulted in a CEO-to-worker pay ratio at the company of 323-to-1. Third place is Disneyâs Bob Iger who earned $12,112,603 in 2013â283 times more than the average Disney employeeâs compensation of $60,300.he numbers are significant. Companies who pay their CEOs much more than their average workers âmust offer a 50% price discount to garner as favorable consumer impressions as a firm that charges full price but features a lower [CEO-to-worker-pay] ratio,â according to the study.