Employee: Wake up, go to work, go home.
Executive: Wake up if you were able to sleep, go to work to continue working, go home to keep working.
CEO: Work 24/7, take small breaks to enjoy life, or at least pretend.
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Shareholders Advisory Group Doesn't Want Tim Cook to Get $99 Million Pay Package
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Executive: Wake up if you were able to sleep, go to work to continue working, go home to keep working.
CEO: Work 24/7, take small breaks to enjoy life, or at least pretend.
It’s not well said at all. The bonus for a ceo that doesn’t do well is the unemployment line. There is no heads they win tails they lose. For apple, the employees, customers, management and shareholders have been winning for a while.
If those who build Apple products were included in my post, I am not sure what word I would use to describe the man because he's done nothing to make their lives better. All he cares about is how much money he makes the company and screw the people who build the products that allow him to become richer and richer. He get's richer and richer because he has made sure that the products the company makes are made in the poorest countries around the world. I will never ever raise a glass to the man or sing his praises. He disgusts me to my core due to doing nothing to improve the lives of those who make Apple products. As CEO he should do but he doesn't.
He has brought the company to a 3B market cap, how about the obscene compensation for professional athletes?
I too am a stock holder, and I vote on the annual stockholder proxies for ISS proposals.
It is not fair to compare Jobs with Cook. Jobs was a visionary in the right place and the right time. It took a good CEO to build a great company from his ideas. Could another top notch CEO done the same? I sure they could have, but no one could have had visions and dreams like Jobs to get the ball rolling. Both were essential in making Apple what it is today.
Work 24/7!!!! where the hell did you get that from, a cookie jar??? You are very seriously mistaken if you think CEO's as a whole work 24/7. Some do, many don't. Unless there is evidence that Tim Cook works 24/7, he's just a normal 9 to 5 guy as far as I'm concerned.
No one should make almost $450k a day.... .I say this being a corporate pilot for a billionaire. At least they make it by stock holdings and business moves. Not salary or bonus pay.
When things go well, probably, but when things don't go well, forget about relaxing. You mess up, your head and reputation rolls out the door.
Do you think the ceo of Foxconn profits from apples business? Those who make apple products are employees by Foxconn, not by apple. All Tim cares about is producing innovate products for the masses whilst making tech easy to use. From that mandate Tim gets richer.
It’s okay you will never raise a glass or roast him. He’s not looking for that. And apple under jobs did make a decision to contract manufacturing partners, not Tim.
Staggering
I know folks working their butts off who will need 10 years to make that amount
That he makes in -- a single day
Meanwhile other employees might get a raise if the middle management feels like.
You say your a stock holder and voter. Therefore you must have access to information about the company that the rest of us do not. So please tell me, aside from Tim Cook doing his job of CEO, you know, a job the CEO gets a yearly wage, the core function of the job role and job responsibility of a CEO which is to make the company profitable, which he has clearly done, so well done Tim Cook for doing what your paid to do, YOUR JOB, what has the man done outside of his job function of CEO has he done that has earned him the right to get such a huge pay deal?
does it not concern anyone that someone is getting $100 million dollars a year as a salary? It's absurd.
It doesn't really matter. The man is already worth significantly more than $1 billion USD. This is the greedy ultra wealthy fighting over who gets compensations none of them will ever need, while workers fight for scraps within carefully calculated pay bands.
So you don’t really know his schedule and yet don’t allow for the possibility he may work more than an 8 hour day.
Even if he worked 24 hours/day the entire year that's $10,000 per hour.
That’s the scenario when you bring your company from under $1t to $2t in market cap. It is a lot to get paid but the board feels it’s commensurate with market cap and gross revenue.
A story I heard the other day:
My neighbour's daughter works for the NHS she works 12 hour shifts, 6 days a week! Caring for all those needing help who arrive at the hospital's front door, she is well educated and qualified for her work in the A&E department, she has two boys and two girls and a very loving/caring husband.
Three weeks ago, one of the Consultant's at the hospital told her, you really should go for a Consultant's position, it will give you everything you need, my family are enjoying a good life on it!
Her polite, reply went something like this......
Thank you for your well intended advice, I absolutely love the work that I do, day in and day out, serving my local community, I have a very loving husband, my 4 children have good food on the dinning table every day their education at the local schools is good, with this all in place, my children are fully rounded young humans on the planet they live on!
In short we have enough for my family to be happy but for some it is never enough!
ONE MUST REALY, ASK HOW MUCH IS ENOUGH?
My neighbour's daughter works for the NHS she works 12 hour shifts, 6 days a week! Caring for all those needing help who arrive at the hospital's front door, she is well educated and qualified for her work in the A&E department, she has two boys and two girls and a very loving/caring husband.
Three weeks ago, one of the Consultant's at the hospital told her, you really should go for a Consultant's position, it will give you everything you need, my family are enjoying a good life on it!
Her polite, reply went something like this......
Thank you for your well intended advice, I absolutely love the work that I do, day in and day out, serving my local community, I have a very loving husband, my 4 children have good food on the dinning table every day their education at the local schools is good, with this all in place, my children are fully rounded young humans on the planet they live on!
In short we have enough for my family to be happy but for some it is never enough!
ONE MUST REALY, ASK HOW MUCH IS ENOUGH?
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Apple has 150,000 employees. Tim Cook didn't personally earn $1 trillion USD.
haha such a poor response lacking any nuance. There are so many directions a company can go in besides the one data point of their profit. What a joker...
It's absolutely diabolical to believe anyone would want to deny Tim Cook fair compensation for all the incredible work he has done in building on the Steve Jobs legacy.
Apple goes from strength to strength, constantly driving its innovation story forward, growing its industry leading services business, and making more money than ever before.
If Cook walked away, I'm not sure Apple shareholders would like the fallout.
Apple goes from strength to strength, constantly driving its innovation story forward, growing its industry leading services business, and making more money than ever before.
If Cook walked away, I'm not sure Apple shareholders would like the fallout.
A name you never would've known if he hadn't been convinced to create a product by someone who had a vision for a personal computer market.
CEOs of comparable companies to Apple make less? And those companies would be? Dot dot dot ...
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