Feeds

back to article Poor miserable Ballmer's pay SLASHED to a measly $1.26m

Failings on Windows 8 and a crippling Surface writedown have seen Steve Ballmer’s pay docked for a second year in succession. Microsoft’s outgoing chief executive received a total package of $1.26m – a base salary or $697,500 and a bonus of $500,000, according to Microsoft’s 2013 proxy statement. Ballmer’s bonus was just 79 per …

COMMENTS

This topic is closed for new posts.

This post has been deleted by a moderator

This post has been deleted by a moderator

This post has been deleted by its author

LDS
Silver badge

If everybody still thinks that MS makes money from the desktop only...

... should give a look to the Server and Tool division revenues. The front device is what you see and play with, but behind them there is a lot of often expensive software running.,..

0
2
JDX
Gold badge

Ballmer’s bonus was just 79 per cent of his eligible total

So he stunk up Windows 8 AND Surface and still gets 79% of his maximum possible bonus? What exactly did he achieve to get this 79%? OK, WindowsPhone is showing some promising signs of growth but nothing stellar.

Seems like he should be getting 21% of his bonus, not losing 21% of his bonus.

3
1
Anonymous Coward

Re: Ballmer’s bonus was just 79 per cent of his eligible total

"Seems like he should be getting 21% of his bonus, not losing 21% of his bonus."

That's simply not how executive pay works. I work for a certain major European corporation whose share price is now 25% of what is was some years ago due to disastrous strategy and blundersome M&A. During all of that time the bigwigs typically trousered bonuses of 150% of the eligible bonus amount. I know, because I supported one of the better performing bosses, and got to see, understand and manipulate the scheme, which allowed the bonus to be doubled for any objective where the director over-achieved by 5% or more. As a result my boss would enter the negotiations armed with proposals that I'd carefully selected as being acceptably challenging (inevitably a few targets would get missed), but ensuring that over-achievement was possible across most of the measures. And the weighting of the bonus for each objective was also considered by me before the boss sat down with the UK CEO.

Dirty, dirty business, but as Dominic Connor would perhaps say, know who you have to please, because despite what shareholders think, in practice it's not the company that pays your salary...

1
0
Bronze badge
Childcatcher

Re: Ballmer’s bonus was just 79 per cent of his eligible total

I suspect bonus calculations are done with an Excel VB script.

// author of which is long gone, so no-one understands the inner workings

4
0
Bronze badge

Re: Ballmer’s bonus was just 79 per cent of his eligible total

"That's simply not how executive pay works. (...)"

Yeah and that's what should end, rendered illegal, these scumbag schemes your types play.

0
0
Anonymous Coward

Re: Ballmer’s bonus was just 79 per cent of his eligible total

"Yeah and that's what should end, rendered illegal, these scumbag schemes your types play."

My types? Get lost mate, I'm not one of these lucky bastards. I'm a mere underling who has taken the king's shilling, but is wise enough to understand that.

I can't speak for you, but most of the rest of the commentariat are likewise working to make rich people richer, even if they can't see that.

Curiously, my master's dissertation was on financial performance, and the evidence is overwhelming that you get what you incentivise, for better or worse. The main problem is that what is incentivised is wrong. In my case I made sure that the games I was playing still delivered what the business needed, but not everybody does. In particular, the execs who didn't have a good henchman to manage these things tended to end up benefiting (or losing) from incentive schemes that rewarded them for doing nothing or even the wrong things.

Incentive schemes shouldn't be illegal, they should be mandatory, but with the significant change to permit retrospective clawback and pension rights cancellation. That way incompetent c*nts like Notsir Fred Goodwin would now be walking around in sackcloth and ashes, instead of enjoying an obscene and undeserved pension whilst he laughs at the rest of us.

2
0

Re: Ballmer’s bonus was just 79 per cent of his eligible total

Look beyond the headlines - Huge year in Server & Tools - taken LOADS of market share from VMWare. Great year through Office - O365 smacking Google. The Database area growing YOY - taking Oracle share every single quarter.

Have a look at the real stats. I'd be careful before bagging him to much... !

0
0
JDX
Gold badge

Re: Ballmer’s bonus was just 79 per cent of his eligible total

I don't care a fig if they want to pay him $millions, but it seems silly that if Surface and W8 and WP8 had all done great, he'd NOT be able to be paid much extra.

0
1

Not to Worry Steve

There's always prostitution.

3
2
Anonymous Coward

Re: Not to Worry Steve

That might work... I heard he's a real screamer!

3
0
Anonymous Coward

Re: Not to Worry Steve

You'll have to catch him first.

0
0
Bronze badge

Re: Not to Worry Steve

And you have to like the smelly type - he's a really sweaty one...

0
0
Headmaster

Re: Not to Worry Steve

"There's always prostitution."

No change there then.

0
0

I can see him on the...

advert for Safestyle UK double-glazing shouting "You Buy One.... You Get One Free!"

3
1
Anonymous Coward

Re: I can see him on the...

Nah, he couldn't sell Windows.

12
0

Proxy !

Are you sure this information is accurate and has not been garbled. Microsoft's proxy is very flakey!

0
0
Bronze badge

Musical Chairs.

Enough said.

0
1
Anonymous Coward

As an additional bonus..

chief financial officer Amy Hood also got 100 per cent of Steves "package".

0
0
Silver badge

Salary lmfao

>a total package of $1.26m

Which is probably less than what his total net worth of Microsoft stock moves in either direction on any given day based on market conditions.

4
0
Anonymous Coward

Re: Salary lmfao

I never thought of it like.. goes to show, even being public enemy number 1 and all the grief he gets, he must truly love his job and believe in what he does..

Still, makes little difference, he still shit at it!

0
0
This topic is closed for new posts.