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Friday, 01 October 2010 13:16

Microsoft CEO’s bonus cut in half

Written by Nedim Hadzic
microsoft

Now he can’t get that spaceship he always wanted
Steve Ballmer, the man that surely needs no introduction has managed to let slip half of his maximum possible bonus by making a few wrong moves. Namely, it was the Kin fiasco and failure to move fast enough to answer Apple’s iPad.  

Needless to say that the competition hasn’t quite been shaking in fear from Kin, but the other reason for the bonus cut ended up being quite important, if not even more. The company called it failure to take advantage of new form factors, which in Microsoft’s book probably means - why didn’t we nick that idea as well?

So, the “poor guy’s” bonus could’ve been anywhere from 0% to 200% of his paycheck, but he ended up getting “only” a 100%, amounting to $670,000 of “poorness”. Strangely enough, this happened despite the fact that he managed to hit record $62.5 billion in sales by launching new Windows and Office and with his efforts in cloud computing and gaming field.

More here.

Last modified on Friday, 01 October 2010 13:23

Nedim Hadzic

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Comments  

 
+7 #1 gangsta072 2010-10-01 13:36
Now he can’t get that spaceship he always wanted rofl rofl rofl :lol:
 
 
+8 #2 yasin 2010-10-01 13:36
i really do feel for him,.....NOT ;-)
 
 
+7 #3 thetruth 2010-10-01 14:03
...and despite all that, he's still getting more than anybody on the FACE OF THE PLANET. Well, almost.
 
 
+12 #4 xbasti07x 2010-10-01 14:06
lawl what a poor guy he is
 
 
+5 #5 VMB90 2010-10-01 15:16
Its about time !
 
 
+14 #6 NickThePrick 2010-10-01 15:37
I have to say Nedim Hadzic's articles, along with Farrell's, are some of the best on Fud. I always enjoy reading them.
 
 
0 #7 bono 2010-10-01 23:52
Quoting thetruth:
...and despite all that, he's still getting more than anybody on the FACE OF THE PLANET. Well, almost.

Like Michael Jordan compared to normal people. :)
http://www.thisblogrules.com/wp-content/uploads/2010/07/jordan-and-bill-gates.jpg
 
 
+4 #8 The_Wolf88 2010-10-02 06:47
$670,000 of poorness !!

I wish I had that number as my poorness !
 

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