Apple Exec bonuses
- Started
- Last post
- 51 Responses
- eieio0
nobody 'deserves' these sorts of bonuses, they are exceedingly fortunate to get this sort of money for being a pampered exec... it is humanly impossible to actually EARN this amount of money.
- The fact they are receiving these bonuses because somebody believes they have earned them kinda blows your comment. Just sayin'.goldieboy
- Comment. Just saying'.goldieboy
- they don't actually think they earned it they just get to get the money and pat each other on the back sayin "well done"eieio
- They don't deserve it? They earned the company 43 billion this year, they're only getting scraps.raf
- no they just made the money they didn't EARN iteieio
- You get paid right? You don't deserve it because you didn't EARN it! This is how stupid your statement soundsgoldieboy
- Nobody could EARN 60 million, they just MAKE that much.eieio
- Stating they deserve a 60 million bonus is like saying the King of Saudi Arabia deserves to be King because he is the best.eieio
- ...best man for the job.eieio
- Their experience or education or job duties would never actually equal what they make. Not possible.eieio
- Guess what? It's possible because it's happening... And we're discussing it!goldieboy
- Actually it didn't happen, they didn't earn shit... it was a gift, they were paid off .eieio
- A bonus based on their and the companies performance... that's how it works. You can spout how it's 'humanly impossible' until you're blue in the face... it ain't going to make any difference to them or megoldieboy
- until you're blue in the face... it ain't going to make any difference to them or megoldieboy
- ok stop posting in my notes theneieio
- your posts? hahaha ok!goldieboy
- This one's really going to piss you off... F1 drivers get paid approx £15+ million a year to drive fast cars and look good in ads! Crazy eh!goldieboy
- ads...goldieboy
- BusterBoy0
Let's not forget we're not talking CEO's here. We're talking senior execs. Does anyone seriously think Phil Schiller is worth $60M?
- lowimpakt0
everyone knows banks are public because you pay your cash in yourself but I guarantee you pay direct cash and tax cash into other companies.
there is little or no private. people pay through their tax for the means for companies to make profit
- aanderton0
Possible that Jobs decided to give a proportion of his shares away to staff as a bonus after his death.
- drgs0
I don't understand the effect of the incentive. In almost any outcome, if the stock value is halved for whatever reason, and you end up with 30 mill, 15 mill -- when you have this kind of money, what is the purpose of even having a job, not to mention doing it well?
- UKV0
This is about retention as much as it is reward. An executive at this level is a rare cat. Execs operating at this level bore quickly, and are track focused. Thus, they get some very enticing offers every day, many of them to go captain other leading brand with incredible incentives. I suspect I would do the same thing, albiet on a much less grand scale.
- "Free fries at company lunch! Yay! How could I ever leave?!?"
UKV
- "Free fries at company lunch! Yay! How could I ever leave?!?"
- monNom0
^ WTF?
- BusterBoy0
It's ridiculous. $60m each? That IS obscene. It breeds a culture of entitlement right across the corporate landscape which ultimately trickles down to poor old Joe Citizen.
In Apple's case, they can afford it - good luck to them. Problem is, this culture breeds executives who demand these ridiculous bonuses where the performance criteria are so heavily weighted in their favour it is just out of whack.
- no, it's stock right now that's worth that much, but they don't get the full value until 2016monospaced
- if it goes down, then it's a bonus worth only a percentage of that, you see? And it's not right now anyway dudemonospaced