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Steve Jobs Payment

Originally posted by exbox


so, pretty much, you want a awesome ceo to work for free? I dont think that you are ever going to find someone to work for free. Steve deserves this money, he has worked for it.
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Nobody works for free, but there is a loooooooooong sliding scale between 0 and 43million. I am sure he has worked hard, but to get that amount of money/plane you don't just work hard, you also have to put yourself into a position of power and control. In other words, don't try to find justice here, its is only people looking after their own interests at this point. NOBODY needs a private jet, believe me. This is ridiculous, even if it is 'normal' for corporate standards. Whoever dies with the most toys still dies...

And if you are not bitter at that point, then just look at it this way: who pays for all the toys in the end ? And of course: where are the real high end macs ? But that is another story...
 
Originally posted by exbox


so, pretty much, you want a awesome ceo to work for free? I dont think that you are ever going to find someone to work for free. Steve deserves this money, he has worked for it.
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Man I dont care who you are or what you do,,,,its not worth 43 mil. It just makes me sick that my wife makes $1600 a month teaching little jackass kids. This is FAR more important than giving a CEO a jet. I can see make a good wage,,,,but 43 mil?? Come on dude its just to much.
 
Originally posted by digitalgiant


Man I dont care who you are or what you do,,,,its not worth 43 mil. It just makes me sick that my wife makes $1600 a month teaching little jackass kids. This is FAR more important than giving a CEO a jet. I can see make a good wage,,,,but 43 mil?? Come on dude its just to much.
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Sorry that your wife decided to go to school and get a degree in a field were she knew that the average salary was low.... but hey that was her choice.... just like everyone else...

Let's not forget that Jobs has worked hard over the last 20 years to get where he is today. I am so sick of hearing people complain about others abilities to acheive their goals...

If you have such a problem with your wife's job choice, let her develop some device that the rest of the world wants and over the next 2 decades build a number of companies that employee hundreds of people, and then only take home $60,000 a year.

Or get a new wife...

God what a bunch of whining losers....
 
Are we forgetting something Steve did co-found apple computer, I think he's entitled to some "fruits of his labor". I'm not saying that 43 mill is not an obscene amount of money, but hell, i should hope i could create a company capable of such gain that i could garner that kind of bonus....

innovate, create, do what apple did and you to can achieve these "rediculous" bonuses
 
uh Hello... remember Bill Gates?

Steve Jobs CREATED apple.
Got bumped out.
Came back and reinvented the company.
And doesn't pull down a salary!

Movie stars get 10-30 million dollars per film... for 3 months work.
Sports stars get 3-10 million per season. There are CEOs who pull down sick salaries and perks that don't even run profitable companies.

Cut Steve Jobs some slack. Is anyone bitching about how Bill Gates is the richest man in the U.S.? Or how much monkey boy Balmer makes?

Steve-O is worth ALOT to Apple.
 
Steve doesn't deserve it I guess

Originally posted by 3777
That is a disgrace.....a 43 million dollar bonus, give me a break. I bust my a$$ for 50k a year, and there are people no better then I am, getting 40 million dollar bonuses. Until this type of stuff ends the world will never change. Teachers make 30k a year, while stupid baseball players make 100 million....... it's all crap.:mad:
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Come on look at Bill Gates he has made 43 billion dollars and is known worldwide as a Programming Genius when he cannot program. The programmers working in any software company do more work than the owner. It's everywhere, even at your office, your employer ( owner of the company where you work) would be making millions of dollars every year for attending board meetings etc. What about somebody who was born a billionaire, he didn't do anything to earn that money, but my fair guess would be that for me to make that much money in this lifetime is impossible. And btw, the guy who works at MacDonalds I guess puts in more effort than you and me and he gets nothing compared to what we make. Quit complaining.

Steve deserves the money he is getting without him there would be no Apple.
 
This is the free world, folks, everybody gets their chance and the playing field is sorta level for most of us.

My guesss is, that given steves character and reputation, he probably gives away more money in a year than eny of you will earn. He made the money, its his to do with as he pleases, and he deserves whatever the board and stock holders feel he is entitled to. The jet was a good move on the Apple's booard's side, because it gets used for a great deal of apple business. Corporations own jets because it saves them money and time (which is also money.)

Woz didn't start with a crap load of money either, but he's a bilionaire these days, owned a couple of pro sprts teams here and there, probably still has a buch of stock in Apple, etc. If any of you could design the first apple motherboards et al, or at least the modern equivilent, you would be filthy rich too.

0f course, for people like our kill-happy president, you get the chance to borrow money on you failing company to buy stock in a good company to borrow against to buy controling interest in a baseballl team for less money than the second string first base coah makes (even with danger pay.) But that's only if your daddy is in the white house and you take some insider traing deals.

You wanna be pissed about greed and privilage, get pissed about that, then vote.
 
It is a disgrace. 43 Million? Sheesh. Next enron maybe? worldcom?

Also, a great ceo should get good money, but not more than what 85% of the world countries make in a year...

To bad I am even more addicted to the hardware and os now that MOSX 10.2 came out ;_;
 
$ Figure is misleading...

People, he didn't get $43 million in cash. If you read back a few years for the facts, when he turned apple around to profitibility, as a show of thanks, the apple board gave him a gulfstream V jet and $ to pay for the taxes on the jet. They didn't just write him a check for $43 million.

Considering what he has done for apple, and what he has asked for in return, I think he more than earned this. If you have a problem with it, yell at apple's board... but if sir jobs hadn't turned things around, you all might be running Win XP right now. :)
 
This is not a question of choosing the right job, and the playing field is not even for most of us, sorry... that is just the myth of the American dream.

In the US, 40% of the nations wealth is owned by 1% of the population, while 13.7% of the population lives in poverty. Don't tell me that those 'losers' are all lazy, unmotivated workers. Somebody said that unregulated market capitalism was the best system ?

43mil might not be much compared to the salaries of movie stars or other CEO's, but don't compare bad and worse.

As for Steve Jobs being valuable for Apple, sure, but that would probably still be a couple millions for every good decision...without subtracting anything for the bad ones...

;)

I whine, because I can. And it is fun, you too should try. :D
 
Re: uh Hello... remember Bill Gates?

Originally posted by chubakka
Cut Steve Jobs some slack. Is anyone bitching about how Bill Gates is the richest man in the U.S.? Or how much monkey boy Balmer makes?

Steve-O is worth ALOT to Apple.
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Last time I checked Microsoft was making Billions of dollars. :D
 
yeah and?

Last time I checked Apple had 4 billion in the bank.

The only other computer company making a profit besides Dell.

They say Steve is the highest paid CEO because he got the 43 mil in one quarter. Other CEOs are making alot more than that but it's spread out over 4 quarters. Make a 100 mil a year and you only get paid 25 a quarter.

And by the way... it probably only covers the expenses of his Jet.
 
Re: yeah and?

Originally posted by chubakka
Last time I checked Apple had 4 billion in the bank.

The only other computer company making a profit besides Dell.

They say Steve is the highest paid CEO because he got the 43 mil in one quarter. Other CEOs are making alot more than that but it's spread out over 4 quarters. Make a 100 mil a year and you only get paid 25 a quarter.

And by the way... it probably only covers the expenses of his Jet.
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I hear ya, but I am saying that probably because Gates is in a much better position right now than Steve people do this. If Apple we giving better hardware (for those who are waiting for it), making ridiculous amounts of money, then nobody would wine.

Just an observation. I am not saying he doesn't deserve the bonus for the turn around he did.

Btw, this is Microsofts cash and short investment holdings, in millions of $

Total cash and short-term investments 38,652 :eek: :rolleyes:
 
Re: People get paid what companies think they're worth.

Originally posted by cubist
I thought the Republicans were the ones who thought people should get paid differently commensurate with their abilities. The Democrats were the ones who thought everyone should get paid the same... after all, the Democrats have one idea and one idea only: Raise taxes. The Republicans don't have an idea.
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Huh? Neither party has any desire to set salaries and compensation. That is up to the free market. As a gross oversimplification, the republicans feel that the world would be a better place if government got out of business' way and let the market decide everything. The Democrats feel that it is government's responsibility to make sure that business does not trample the rights and safety of the people in the quest for greater profits.

"Read my lips. No new taxes." -Bush the elected shortly before introducing new tax increases on the middle class.

Bush the selected is about to push us into a war with Iraq to finish daddy's business and who do you think will pay the price for all those million dollar smart bombs? The taxpayer. How will the taxpayer pay for this? With tax increases. The democrats aren't the ones pushing this new war, it's the unelected president and the republican party members who want it and will then pass off the cost to the working people, not the corporations who will profit from it or the rich who own the corporations.

whew, sorry about the rant...
 
sour grapes make good whine

Hmmm...
Steve made Lots of money. I didnt. It is obscene.
Hmmm.... I made lots of money- I'm a good person.I work hard. 24X7 for 25 years or so. I deserve it.
Anyone here made the first statement and think they woudlnt make the second statement?
Let he or she who is without sin cast the first stone.
I for one am happy for him. Thats a LOT of money for sure, and yes there are those without ( me included at times), but what he gets paid isnt the reason they are down and out.
For those who complain that they work very hard for $50,000 a year ( BTW, i own my own business work 80 hour weeks sometimes and make like $30,000- $40,000 so can I have half of your hard earned $50,000 because i feel cheated for my choices ?), figure out a way to do more. I dont know, maybe revolutionize computing and create an entire industry that feeds and clothes millions of people worldwide. Or, go hit a " ball with a stick" at a level that allows you millions a year. bottome line, stop whining and do something about it. Bourgouis. PLEASE. There are LOTS of completely immoral ways to make that kind of money, and to see someone doing it the right way ( GREAT forward thinking ideas, GREAT products, GREAT company performance without sacrificing service, etc....) is really refreshing.
Anyone complaining about this could maybe use their whine time to daydream and create something new that might just be the next "subsidized airplane idea"
Bottom Line. Without Steve, ALL apple employees, their families and anyone affected financially by their success are not going to eat tomorrow. Personally, I wouldnt worry about what Steve makes. Think about what kind've possible Ripple affect you are having on those around you. The reality distortion field Takes care of a LOT of people, so GO STEVE!
As always, just my 2 sents
Tech
 
concidering that apple makes lik $50 mil a quater, if he idnt get that back it would at a large sum to their anual profits
 
Originally posted by etoiles
This is not a question of choosing the right job, and the playing field is not even for most of us, sorry... that is just the myth of the American dream.

In the US, 40% of the nations wealth is owned by 1% of the population, while 13.7% of the population lives in poverty. Don't tell me that those 'losers' are all lazy, unmotivated workers. Somebody said that unregulated market capitalism was the best system ?

43mil might not be much compared to the salaries of movie stars or other CEO's, but don't compare bad and worse.

As for Steve Jobs being valuable for Apple, sure, but that would probably still be a couple millions for every good decision...without subtracting anything for the bad ones...

;)

I whine, because I can. And it is fun, you too should try. :D
Click to expand...

Good God, even Communist Russia has learned that "spreading" the wealth doesn't work...

I will start worrying about the "Losers" of this country when I see them stop buying all the crap that they fill there lives with, stop producing children that they can't afford to raise, and start taking better care of themselves physically.

Until that time, those who do take responsibility for themselves and are successful should be praised as heros....
 
How did this get turned into a political debate?

For one thing, why all the bitching about how much Jobs makes? Does it really affect your life knowing that Steve makes exponentially more than you do? If you feel cheated out of life take a risk and start your own company!!! After you calm down a bit after that statement tell me how many Fortune 1000 CEOs make less than the average income (as defined by the Treasury Department this is a whopping $25K, yes, even teachers are paid above the national average, but should be paid more, IMHO)...

Now for rant #2...
This is not a question of choosing the right job, and the playing field is not even for most of us, sorry... that is just the myth of the American dream.

In the US, 40% of the nations wealth is owned by 1% of the population, while 13.7% of the population lives in poverty. Don't tell me that those 'losers' are all lazy, unmotivated workers. Somebody said that unregulated market capitalism was the best system ?

You also failed to mention that the top 1% (household income above $290K/yr) pay well over 30% of the Federal Personal Income Tax... Looking even closer at the facts we see that the top 10% (above $80K) pay 65% of the Income Tax. What about the 50% below $25K? 4.2%!!!

The fact is you must work hard to get ahead... Yes, some people are born wealthy. But some of us worked hard to get where we are today. If Steve decided to flip burgers (not that there's anything wrong with that) for the rest of his life he wouldn't have gotten a $43M bonus now would he? Why do you not consider the "playing field" even? What's preventing you from being a millionaire (if you aren't already)? I could be, but I chose a different path, there was nothing forcing me to have a net worth in the thousands rather than millions other than my own choosing!!!
 
Can you blame him?

Hi, I've never posted before, but the passionate outcries on this thread have inspired me to speak up. People here are either happy that Steve gets a lot of money, or they are infuriated by it. Has anyone ever really asked why he gets so much in the first place? Sure he "turned the company around", and sure he brings that unique "Steve-ness" to the company that nobody else can. But is that all? I mean, how do you even value something like that?And if you try to tell me "compare it to other CEO salaries" I don't buy it. Frankly, I think you have to compare other company CEOs to Steve Jobs, but that's another topic. No, I say the reason Steve Jobs gets "paid" what he does, and the reason Bill Gates and Steve Ballmer and Kenneth Lay for that matter get "paid" what they do is because they do a job nobody else will touch. Nobody wants to have these jobs. I know, sounds crazy, but bear with me. CEOs get paid what they do BECAUSE OF scandals like Enron and woldcom. What if I told you I was going to give you a job that would give you incredible power? You would get to direct the operations of a multinational billion dollar company. Sounds good, right? Now what if I told you that if you ever make a mistake, I'm going to freeze your assets and take everything you own to pay for the mistake you made that left thousands of shareholders penniless. The amount could easily leave you hundreds of millions of dollars in debt. How much would you want to be paid for that job? How willing are you to take on that sort of liability? Would you do it for 50k? What about 100k? 200k? OK, how about 43 mil? Everyone begged Steve Jobs to come back to Apple, but the exercise is tantamount to begging someone to slice their own throat. What if he hadn't turned the company around? What if he hadn't "earned his bonus"? What if the company went bankrupt after an anti-trust suit was brought against the company for violations surrounding how they package the applications that work with the new operating system? Seriously! How many people have bought 10.2 because of the hype about iCal, iSync, and .Mac? I don't care if you think that's stupid. People do stupid things. Look at Internet Explorer. Where would Steve be if any of that happened and he DIDN'T have his bonus? Anyway, whatever. sorry this post is so long.
 
Originally posted by Mirus

You also failed to mention that the top 1% (household income above $290K/yr) pay well over 30% of the Federal Personal Income Tax... Looking even closer at the facts we see that the top 10% (above $80K) pay 65% of the Income Tax. What about the 50% below $25K? 4.2%!!!

The fact is you must work hard to get ahead... Yes, some people are born wealthy. But some of us worked hard to get where we are today. If Steve decided to flip burgers (not that there's anything wrong with that) for the rest of his life he wouldn't have gotten a $43M bonus now would he? Why do you not consider the "playing field" even? What's preventing you from being a millionaire (if you aren't already)? I could be, but I chose a different path, there was nothing forcing me to have a net worth in the thousands rather than millions other than my own choosing!!!
Click to expand...

waaaaaaait a minute. Of course, people with more money pay more taxes, but that still makes them richer than the rest...and where does the tax money go ? Hardly into the poor people's pocket. I would not say anything if there was at least a good health system or a solid public school system in this country...And people who pay more taxes tend to have more political power, they are more likely to grab the attention of politicians. As for the 'playing field', well higher education is not accessible to everybody, women still get paid less (and are less likely to 'climb the corporate ladder') than men in general, ethnic background makes a difference etc. Sure, you can always come up with that killer business plan and create your own company or product, but it is a hell of a lot more difficult when you spend all day flipping burgers, not because you are lazy but because that is the only job anybody will give you. I am not saying that everybody should have the same salary, but the gap between rich and poor in America has tremendously increased over the last twenty years, which is not healthy for a country as a whole...okay, I'll stop here, I must be three billion light years off topic by now.

So, I'll join the chant: go steve ! Don't forget to release those high end powermacs anyday, christmas is coming up !


;)
 
Man, I might read those last two posts if they were

well,

formed easier to read

(try the return key at least once)
 
Why is it such an odd amount of money. Couldn't they just give him 43.5 mil, or something like that instead of 43.53691 mil. I made up that # btw.
 
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