Slashdot Mirror
Worst Tech CEOs Earn the Most Money
tappytibbins writes to tell us Baseline is reporting that in a recent look at the 100 largest tech companies they found that there was a striking correlation between the highest paid CEOs and the lowest returns. From the article: "The one-third highest performing companies paid their chief executives an average of $7.12 million--while the bottom third paid their CEOs $9.29 million. The study compared direct compensation, which includes base salary, bonus and value of stock grants. Why the disconnect? Jack Dolmat-Connell, founder and president of the firm, cites the phenomenon of 'chasing the median': Companies benchmark their executive compensation figures on peers instead of looking at factors related to performance."
My Tech company isn't making anything. $0 returns. I think that means I should be getting paid WAAAAY more than all these guys. I wonder who I talk to about that..
If you can talk continuously about nothing at all and go on and on for hours without even accidently saying something funny then you can make a comfortable living on morning radio.
You are so boring that when I see you my feet go to sleep.
Hell yeah.
Where can I sign up to be a CEO?
I'll be the worst CEO you can imagine.
Yeah, it was nice. Anyways I jumped ship a year later; I got a new offer with even better pay. I love money.
Now where have I heard that one before...
"...did you just say that the company isn't loosing money fast enough?" ...
"Dilbert, will you stop embarrassing yourself, if you read Dogbert's book you would know that a fast growing company always looses money while it's expanding"
"were not a fast growing company!"
"and we never will be if we don't loose more money!"
True. Remember Carly?.
Trying to forget.
The higher the technology, the sharper that two-edged sword.
That explains why Bill Gates is the richest man in the world.
Anthropic principle: We see the universe the way it is because if it were different we would not be here to see it.
Probably right here.
Give me a $7M golden parachute and I'll spend the rest of my days snorting coke out of supermodels' cleavage on my private island,
Dude, you haven't checked the prices of private islands lately, have you?
$7M will barely buy you a decent jet to get to your island.
-jcr
The only title of honor that a tyrant can grant is "Enemy of the State."
"Hell, some of them repeatedly run ventures into bankruptcy and are still able to secure financing for their next abomination."
Yeah, I hear that practice can even lead to a presidency.