In a preliminary filing Friday with the U.S. Securities and Exchange Commission, Microsoft Corp. says it raised CEO Steve Ballmer’s salary by 4% in fiscal 2009 even as the software maker’s profit plummeted 17%.
Ballmer’s 2009 base salary rose to US$665,883 from $640,833.
Microsoft didn’t disclose Ballmer’s bonus for fiscal 2009, but last year it was $700,000.
MacDailyNews Take: According to Forbes, Ballmer has a net worth of $11 billion in 2009, or $7.6 billion more than Steve Jobs, which is considered by leading experts to be the ultimate proof that this sonuvabitchin’ life just ain’t fair.
And, oh yeah, BTW: Microsoft axes 5,000 jobs in first-ever companywide firings as revenue, profits miss expectations – January 22, 2009
And, now, the toast: May Steve Ballmer remain Microsoft CEO for as long as it takes!
[Thanks to MacDailyNews Reader “Brawndo Drinker” for the heads up.]
Ah heck, I think we should double Job’s salary to $2!
What a slap to the face of all those MS employees who were layed off. As if Ballmer needed a 4% raise. I’m sure he’s worth a few hundred mill in stock alone.
I remember when bonuses were the reward for a job extremely well done, not just expected and given as part of one’s income. This seems perverse to me.
At this rate, Apple should be paying his bonus, not M$! LOL!
Here’s a shining example of the problems in corporate America today. It used to be you earned your pay, now it just seems you’re entitled to it.
And may the board keep paying him for as long as it takes!
I think they should raise his pay to $60 million and give him a $6 million bonus. That would cause layoffs, and the employees would be able to find dignified work, such as selling flowers at the airport. It would also force Microsoft to focus on its core business of hype and get out of our faces.
May he remain Microsoft’s CEO for as long as it takes.
I say we all donate to the cause and keep him employed at m$. He is the best thing that ever happened to promote Apple’s growth other than Steve Jobs.
US$665,883? That’s just sick.
Ever wonder how many times that ugly tongue has been up Bill Gates’ toot-hole?
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As MS nosedives and Apple continues the rising star, Ballmer is doing a great job (from my perspective)
Give him another raise, and short sell MS stock.
At least Microsoft is still managing to make a profit. If the companying were losing money and he’s still getting a raise, that would be irresponsible.
Maybe he should go to work for Goldman Sachs? Blankfein (CEO) pulled in a cool $43 million (2008).
They wanted it to be rounded to $ 666 k.
just saw this on the net, Balmer is going to be the keynote speaker at an efficiency event put on my MS. Only in bizarro world would this be possible.
http://www.microsoft.com/business/thenewefficiency/keynote/en/us/
Jeebus, Sir Gill, that was friggin’ disgusting, because it led me to wonder how many times Bill had done it the other way ’round, too. I’m going to go have to clean the little bit of vomit out of my mouth now.
MrMcLargeHuge, I agree. And yet, some would have us believe that we should simply trust corporate America to do the right thing all the time, every time, because it will be in the best interest of the company and the consumers and, of paramount importance, the shareholders. Yeah. Right on.
So that’s how you make those outrageous salaries. Get plastic surgery so your face looks like your ass, and eat flies with your tongue after you squash them by smacking your hands together, which I assume he’s trying to do in the picture.
Ballmer and his raise represent everything that has gone amok in corporate America. Salary and bonuses are no longer tied to performance; they are tied to your relationship with the board and how well they are taken care of.
Yes!! This is an indication that MS wants Balmer to stay as CEO. May he be MS’s CEO for as long as he shall live.
considering grown men run around in cute hats hitting little balls with sticks make millions a year playing a sports game… I’m really surprised he makes less the a mil a year…
He totally deserves this raise, simply for having the self control this year to not do the monkey dance again. This raise + all the replacement chairs are totally worth it if he never does it again.
@ aka Christian,
Sorry, I agree that my comment was in bad taste.
The raise seems like a token gesture. Like maybe 4% was the average raise for all employees. $25,000 is a lot for me, but for Balmer, it was probably an insult. The real “gesture” is the bonus; his “bonus” last year was more than is base salary! Now that’s some bonus…
I think he gets a fiver for each employee canned.
@ aka Christian,
Uh, I also apologize for that last one.
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