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back to article Oracle investors get hot under collar over execs' bulging packages

Three long-term investors in Oracle are planning to protest against the firm's executive pay policies at its annual shareholder meeting today. Pension funds from Britain, the US and the Netherlands wrote to Oracle to express "severe concerns" about how much top execs were getting paid and the accountability of the board. "At …

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The rate of remuneration for successful top executives

is generally highest a year or two before the company goes tits up one way or another.

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Anonymous Coward

Re: The rate of remuneration for successful top executives

we can only hope

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Anonymous Coward

Re: The rate of remuneration for successful top executives

Absolutely, I'm hoping the company goes tits up too, thereby giving overpaid executives a few months holiday before move onto the next victim, and leaving thousands of innocent employees unemployed, families ruined, houses lost, etc

Merry Christmas, idiots.

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Anonymous Coward

Re: The rate of remuneration for successful top executives

Well that explains where the nearly 100K we pay them a year in support & maintenance goes.. it certainly doesn't go on their support staff, the majority of whom seem to be pretty clueless when it comes to actually working out why things have gone wrong....

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Anonymous Coward

Oh, come now, what are they complaining about?

The board clearly made a huge change in Oracle's pay structure in that it's not giving any raises to its 130 thousand-odd workforce this year. Considering the savings made, the board is clearly being underpaid for this bold move!

(Anonymous for obvious reasons)

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Anonymous Coward

Re: Oh, come now, what are they complaining about?

If that's annoyed you, try this hypocrisy for size!

Anon, for similar obvious reasons

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Anonymous Coward

Re: Oh, come now, what are they complaining about?

Nice, especially this sentence:

"For example, awarding Oracle employees an average pay rise of 4% at the end of the year, is a $600 million commitment."

Wow, he's so lucky he doesn't have this commitment to make this year! Whew, really dodged that bullet there, Mark!

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Anonymous Coward

Re: Oh, come now, what are they complaining about?

Well, he did say he wasn't "comfortable" making that commitment with no data, so really it's not his fault at all, it's simply because he's got no "data"! That's probably our fault.

Given everyone in my area already feels like they're being managed by metrics, and have been for years, I'm not sure what more data he needs or expects.

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Anonymous Coward

Re: Oh, come now, what are they complaining about?

Mind you, it's not like 4% is a raise. More like inflation adjustment. So if there's no such adjustment coming and if you got a promotion last year, tough break, kid, you'll do more work for less money.

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