Steve Jobs may get a raise in pay

Discussion in 'Apple, Inc and Tech Industry' started by Blue Velvet, Nov 16, 2007.

  1. Blue Velvet Moderator emeritus

    Joined:
    Jul 4, 2004
    #1
    http://blog.wired.com/business/2007/11/steve-jobs-may.html


    They might just double his pay. ;)
     
  2. Peace macrumors Core

    Peace

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    Apr 1, 2005
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    Space--The ONLY Frontier
  3. WildCowboy Administrator/Editor

    WildCowboy

    Staff Member

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    Jan 20, 2005
    #3
    Hmmm...sounds like it's time for more stock options. Let's make sure we do it by the book this time, guys. :cool:
     
  4. MacsRgr8 macrumors 604

    MacsRgr8

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    The Netherlands
    #4
    WOW... a 100% increase! :eek:

    Tout est relatif.. :D
     
  5. Eraserhead macrumors G4

    Eraserhead

    Joined:
    Nov 3, 2005
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    UK
    #5
    Its outrageous what CEO's get paid these days :p.

    The really sad thing is that the year it does rise, probably by 1 million percent or so, some left wing economist is bound to leap up and quote the percentage increase of CEO wages of fortune 100 companies and declare it an outrage.
     
  6. MacsRgr8 macrumors 604

    MacsRgr8

    Joined:
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    Location:
    The Netherlands
    #6
    LOL... I hear you.

    I can even hear them now....
    .. and nobody mentions how much that increase really is worth in real money.
    Welcome to the world of journalism. ;)
     
  7. Rodimus Prime macrumors G4

    Rodimus Prime

    Joined:
    Oct 9, 2006
    #7
    I want to know what the real amount jobs is making now his so call salary but what it is after all his bonuses and stock options he is given. I am going to guess it is fairly large number.
     
  8. jaydub macrumors 6502a

    jaydub

    Joined:
    Jan 12, 2006
    #8
    well as that link said, it has all contributed to his net worth of ~$5.7B
     
  9. CalBoy macrumors 604

    CalBoy

    Joined:
    May 21, 2007
    #9
    Indeed. I like Apple's products, and I know that they wouldn't be the same without Jobs at the helm, but I can't defend cooked books.
    I know you guys are joking around, but seriously (just for a moment; I won't ruin too much of your fun :p) speaking, CEO earnings have sky-rocketed in the past ten or so years. Prior to the boom of the '90s, the ratio of CEO to average worker wages was around 100. As the boom continued, CEO salary to worker salary went up to an astounding 300:1, its peak. It then began to retreat again until recently, where it's shot up again to 262:1.

    When we consider what's been going on lately with back dated stocks, cooked books, etc, it's rather saddening.

    Here's the link if you want more info.

    [/no fun zone]

    Jobs is one of the more deserving CEOs in the industry. He's taken a once forgotten brand, and made it the hottest electronics name in the world. That not only deserves kudos, it deserves some mullah to boot.

    Oh yes, I'm sure it's quite a large number. I think that with the recent success of Apple, he might have been given up to $10 million in shares last year. Considering the leap frog effect the stock has been experiencing the past few years, that's certainly worth a great deal more now.
     

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