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[quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous]Hope he wins. There’s two sides to every story of course, but the complaint puts Jen Cotter in a very bad light. [/quote]

On FB there are people who know her who say this doesn't sound like her, and FWIW (since this is all speculation) she has an LGBT kid, and Daniel has been liking a lot of anti trans anti vax stuff on social media.

I have to admit I agree with others that Peloton must have had a very good reason to let him go with a fairly paltry severance package. They know their press has been bad, and they know he's a popular instructor and it would have benefitted them to pay him off. They chose not to. And I have learned a lot of less than flattering things about him lately. I mean liking Candace Owens on twitter is enough all by itself almost. Which is a real bummer because he was my favorite strength instructor. I'm not going to say I know for sure who is right or wrong, but I know there are always three sides to every story and we're only hearing the first one, which in the world of PR gets a big advantage. And when there is money at play, the stories are always biased.

As for overpaying instructors you guys are nuts. Cody would be close to irreplaceable for them. The instructor salaries, even in the 6/7 figures, are drops in the bucket for the overall overhead and people fall in love with them. The fact that they don't have a rotating door of instructors honestly says a lot and it keeps butts on the bikes. People get attached, they get followings, people feel personally connected to their favorite instructors. Cody, with his 2-3 classes a week, is probably viewed by at minimum hundreds of thousands of users a week. And if he quit, I bet they would see a not insignificant of app users cancel. He's worth the million bucks or whatever he's getting. When you think about what the 'instructor salary' line item is at say, soul cycle? Its likely FAR more than peloton because they pay hundreds of instructors all over the country, instead of 50 like peloton is doing. [/quote]

SC pays their instructors peanuts; new instructors make $50/class and teach 12 a week.  I think they get a nickel or a penny for every butt on a bike.  They just redid the salary structure so people are getting even less.  A few instructors made six-figures before this and consistently sold out rooms pre-pandemic; that's not happening anymore and they got salary cuts.[/quote]

My cursory google says 277 soul cycle instructors with an average salary of $50k. Peloton has 50 instructors probably with an average salary of like 300k. With a couple special 'extra well paid' ones which I assume SC has too. That actually comes our fairly even.

Peloton's operating costs last year were like 6.2 billion dollars. Let's say they spend 20M on instructor salaries. Thats .003% of their operating costs. And the ROI on that .003% is an annual retention rate of 92% (like unheard of in fitness). [b]The problem isn't instructor salaries. The problem is mismanagement by previous leadership[/b].[/quote]

+100M, it's a company run by clowns from top to bottom.  The instructors get the short end of the stick.[/quote]

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