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Politics : Formerly About Advanced Micro Devices -- Ignore unavailable to you. Want to Upgrade?


To: Tenchusatsu who wrote (336405)5/4/2007 8:20:40 PM
From: bentway  Respond to of 1574171
 
"What can my country do for me to guarantee that I will keep the job that I love and am good at?"

Make sure you're able to immigrate to India?



To: Tenchusatsu who wrote (336405)5/5/2007 1:04:37 AM
From: bentway  Read Replies (1) | Respond to of 1574171
 
Steve Jobs is top-paid CEO; hikes average 38 percent: report

AFP
Published: Friday May 4, 2007
( Did you get a raise this year? Was it 38%!? )

Steve Jobs of Apple was the top-paid US chief executive last year in 2006, receiving some 646 million dollars, Forbes magazine said.

Even though Jobs was paid a nominal one-dollar salary, the value of his stock options and other benefits made him the highest compensated CEO, the magazine said.

Forbes, in releasing its survey late Thursday, said the CEOs of America's 500 biggest companies got a collective 38 percent pay raise last year, to 7.5 billion dollars, or an average 15.2 million dollars.

Exercised stock options accounted for the main component of pay, or about 48 percent, Forbes said.

Number two on the list was Occidental Petroleum's Ray Irani with 321.6 million dollars, followed by Barry Diller at InterActive Corp (295 million), Fidelity National's William Foley (179 million) and Terry Semel of Yahoo (174 million).

Michael Dell, who retook the reins at Dell Computer, was sixth with a compensation package worth 153 million dollars.

With an outcry growing over extravagant pay packages for US corporate executives, Forbes said the highest-paid CEOs were not always those that delivered the most to shareholders.

Forbes said by its analysis, Apple's Jobs was 36th. Topping the list was John Bucksbaum of General Growth Properties, a real-estate investment trust. Over the past six years, Bucksbaum was paid 723,000 dollars a year while delivering a 39 percent annual return to shareholders.

At the bottom of the performance/pay rankings was Richard Manoogian, CEO of housing products maker Masco, with a six-year annual return of five percent and a paycheck averaging 11 million dollars a year.



To: Tenchusatsu who wrote (336405)5/5/2007 7:06:46 AM
From: SilentZ  Read Replies (1) | Respond to of 1574171
 
>My job can one day be "outsourced" to India. What can my country do for me to guarantee that I will keep the job that I love and am good at?

For one thing, provide tax disincentives for your company to keep their operations here. Also, provide tax incentives for them to keep training you so you can do more than an Indian worker.

I don't have all the answers on this, but I do know that for the last several years, our government has been concentrating more on the corporate bottom line than on the workers' paycheck. That includes Clinton and NAFTA.

-Z



To: Tenchusatsu who wrote (336405)5/5/2007 1:38:23 PM
From: tejek  Read Replies (1) | Respond to of 1574171
 
, > Is outsourcing the only problem this economy faces?

You brought up job security as evidence of conversatism's negative effects on society and the economy.

My job can one day be "outsourced" to India. What can my country do for me to guarantee that I will keep the job that I love and am good at?


Your country may not be able to save your job but it should be able to keep you off the street until you can find a new one.