SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Technology Stocks : Intel Corporation (INTC)
INTC 36.15-0.6%Dec 24 12:59 PM EST

 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: carl a. mehr who wrote (172903)2/7/2003 1:32:28 PM
From: GVTucker  Read Replies (1) of 186894
 
carl, RE: What is a Bean Counter worth versus Intel Engineers?


Just to reiterate a message I've said time and time again, I'm a true bean counter.

In just about any successful corporation--and I'd put Intel in that group--the bean counter's primary duty is to keep score. Nothing more.

The engineers should be much better compensated than the bean counters. Heck, the marketing and sales staff--at least the successful ones--should be much better compensated than the bean counters.

And the most successful engineers and marketing and sales staff should be better paid than the CEO.

And, lest you think that is rather idealistic, there are plenty of corporations that are true to this ideal. Warren Buffett's salary has been $100,000/year for several years. No options.

Oh wait, you must say, he's not part of the tech world. OK, how about Bill Gates. A large number of people at Microsoft made more money last year than Bill Gates? (Ballmer should follow Gates' example, for the good of Microsoft. He hasn't, thus far.)

Michael Dell would do well by his namesake company is he remembers those examples before he asks the board for another million options.
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext