How Peloton Instructors Get Paid $500,000 But 2,800 Employees Get Laid Off | Nicky And Moose

How Peloton Instructors Get Paid $500,000 But 2,800 Employees Get Laid Off | Clip From Nicky And Moose The Podcast Episode 72

Shownotes: www.nickyandmoose.com/72

Nicky and Moose Speak about the recent report of Peloton paying their instructors more than $500,000 while others get laid off. Is this fair? Are they awarding their influencers too much?

Peloton Lays Off Almost 3,000 Employees, But Pays Instructors $500,000:
Peloton is laying off more than 2,800 employees in a restructuring plan — but its instructors are safe. Peloton's instructors — recruited by talent agents — are full-time employees with a fixed salary and incentive compensation, according to Bloomberg. Senior instructors are paid more than $500,000 a year, Bloomberg reported, citing people familiar with the company. That's about 12 times more than the $40,510 annual median salary for fitness trainers and instructors, according to the Bureau of Labor Statistics. ~ Business Insider

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About Nicky And Moose The Podcast:
Nicky And Moose The Podcast is a weekly podcast giving you an inside look into the world’s top personal brands & businesses to reveal the blueprint behind their success. Each episode breaks down current marketing trends, as well as relevant topics to extract the business strategies, branding tactics and thought process of your favorite entrepreneurs. So, whether you are looking to grow your personal brand on social media or aim to scale your business in the digital world, your hosts; Nicky Saunders And Mostafa Ghonim will help you walk away with practical steps to take you to the next level!

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