Income disparity? Tim Cook's sweet 378 million 2011 salary..

Discussion in 'Economy' started by Sallow, Jan 10, 2012.

  1. Sallow
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    Sallow The Big Bad Wolf. Supporting Member

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    What income disparity?

    BAU baby!
     
  2. Cuyo
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    Cuyo Training a Guineapig army

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    Does 'vest' mean he can't sell them until then?

    If so, worry not. The book value of this package is closer to 80 million, and I don't think the hype is going to continue for 4 more years, let alone 9 more years. He'll likely cash out for a lot more than $80 million, but nothing approaching $378 million.
     
    Last edited: Jan 10, 2012
  3. Sallow
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    Sallow The Big Bad Wolf. Supporting Member

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    Depends.

    In any case..what exactly does this guy do to justify a salary like that? What value does he add to the company?
     
  4. California Girl
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    California Girl BANNED

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    As far as I am concerned, it is not my business how much a private company pays its employees. Jealousy is such a sad thing.
     
  5. Sallow
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    Sallow The Big Bad Wolf. Supporting Member

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    Little history..


     
  6. expat_panama
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    expat_panama Silver Member

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    --any how can you 'justify' your posting that comment considering in the half hour since you made it over four thousand people in the world have died? Maybe we need to just accept the reality that you don't have to 'justify' your comments to me and Apple's stockholders don't have to 'justify' their CEO salaries to you.
     
  7. expat_panama
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    expat_panama Silver Member

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    Covetous envy is an age old poison, and imho it's the route of the suffering the world's been enduring these past few years.
     
  8. California Girl
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    California Girl BANNED

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    Yep. I'm struggling with the concept that this is anyone's business other than the company's shareholders.

    I don't buy Apple products so I don't care. I ain't paying.
     
  9. expat_panama
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    expat_panama Silver Member

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    --and I do care about my fat profits from having been an Apple stockholder:
    [​IMG]
    I got no problems with my paying high CEO salaries. Not for a second.
     
  10. Dragon
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    Dragon Senior Member

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    Conservatives never understand liberals, mainly because when we're talking about principle, they make the mistake of thinking we're making a personal complaint. Hence, in this case, the insertion of the words "envy" and "covetousness" where they have no place.

    What happens at Apple matters because it's not just at Apple, it's throughout our economy: more and more of the company income goes to the top, less and less to the employees. That's why the middle class is shrinking (fewer and fewer jobs pay enough money to belong to it). It's why the economy is so shaky (imbalance between productivity and consumer demand). It's OUR problem, whether or not it is MY problem.

    We really are all in this together, hard as that is for some to understand.
     

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