Microsoft CEO Ballmer gets $25,000 raise as company profit plummets 17%

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.]

56 Comments

  1. 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!

  2. 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.

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