Updated: Activision CEO Earned $64.9 Million in 2012

ToastiestZombie

Don't worry. Be happy!
Mar 21, 2011
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Kumagawa Misogi said:
ToastiestZombie said:
Kumagawa Misogi said:
Wow what a lot of whiners on here, maybe if you lot actually did something with your lives instead of spending so much time on forums and playing games you could earn decent money instead of whinge at those who said fuck working for minimum wage as a faceless nobody I'm going to make companies want to pay me decent money.
I wish I had your optimism. We aren't living in the 50's anymore, the days where you could actually say something like what you just said and be truthful are long-gone.

Yeah I guess Mark Zuckerberg. Eduardo Saverin, Andrew McCollum, Dustin Moskovitz and Chris Hughes didn't go and become billionaire's through working hard they just got it from already knowing rich people.
You're using Facebook as an example of how anyone can become billionaires "if they just work hard!", really? All five of those people basically won the lottery by making Facebook at the exact right time for it to become the biggest thing in the world. They went to Harvard which played a massive part in making Facebook popular, a school most people who "work hard" will most likely never get to go to because it costs so much to enroll. Extreme wealth and success is only partly down to hard work, everything else is down to luck and who your parents were. If your philosophy was actually true, then the thousands of young, hopeful teenagers who dedicate their life to studying and getting their degrees would be earning at least $100,000 a year by now. The chances of something like Facebook happening again is like the chances you and me will meet in person tomorrow, almost impossible, there is nothing new to make that the established companies aren't making already.
 

DarkSpectre

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Jan 25, 2010
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His effort is worth whatever people are willing to pay him. The shareholders and board think he is worth $64.9 mil. It is their company and their money. They have the choice what to do with it. If you think you could do better, well then go do it. Why should any of us have any say over what they do with their money? Who are we to know better than them? If the board is stupid and is wasting money on their CEO then they are going to fail. They will watch their funds flow away. Don't think he deserves it? Well guess what they only have money to give him if you buy their stuff.

Super Not Cosmo said:
Well said.
 

Colt47

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Oct 31, 2012
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Lawyer105 said:
What most comments in this thread seem to be missing is that, regardless of how legal this is (and it is legal), or how working-as-intended it is (and it is WAI), the basic fact of the matter is that this sort of thing is, at it's very core, immoral!

Capitalism, as currently practiced, can and will (and already is) lead to increasing levels of monopoly, increasing wealth and income distribution inequalities and do not, in any way, actually reflect the absolute or relative value-to-society of the various individuals involved.

The idea of capitalism is good. The implementation of that idea has been appalling, and has led to extraordinarily immoral welfare inequalities throughout the entire world.
Oh I agree that CEO bonuses are out of control. It's basically a case of one group feeling like they are being held hostage by a lack of options, and another group feeling the only way they can keep these CEOs with the company is via massive bribery. Milestone packages should be company wide and not focused on a single individual. The CEO is doing his part to run the company, while others work feverishly to provide products and services that make money and meet the milestones.
 

Strazdas

Robots will replace your job
May 28, 2011
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Super Not Cosmo said:
They can pile it all up in a big Scrooge McDuckesque pile and set it all ablaze in the middle of Yankee Stadium while poor starving children watch from the cheap seats if they want to. As long as they are paying their taxes on it and aren't making it illegally then it's no concern of yours or anyone else what they do with it or how much of it they have.
No they cant. well, they shouldnt be able to. this is where our legal system completely fails, that they actually can go and do that. it is a concern of every single human on this earth when somone is being paid so much money, because this is not magical money that grow on trees, this is money taken away from other people, that other people earn, and given to this person simply because he has control, and his biased opinion is what allows him to act like that.

Why should you or anyone else have the first bit of say how a private entity spends it's legally obtained wealth?
Because this wealth is obtained at my expense.
People should be allowed to make and accumulate as much wealth as their skills allow. If one guy can make a cool 65 million a year I say good on him. Bagging on people for making "too much" money reeks of jealousy and sour grapes. Bobby Kotnick making 65 million a year isn't harming anyone.
no they should not. they should be allowed to make a fair amount of wealthy as their skills allow, not be able to exploit others for the benefit of hoarding and waste. it is your statements that are the jelous wants, for you want everyone to be able to hoard things that often dont belong to them. you are mixing two important things - worth and payment.

If you or anyone else for that matter have a problem with "someone getting rich off your work" then go out and sell your services directly to the public and get rich off of your own work.
Yeah, because if someone is abusign others, the best thing is to do the same, becasue hey screw the rest of humanity as long as im rich right?

Nobody is forcing anyone to accept any given wage.
yes, they are.

If someone doesn't feel they are being fairly compensated for their skills or services they are free to withhold those skills and services and look for someone who is willing to compensate them more to their liking. If you can't find compensation that you think is acceptable then maybe the service you are offering isn't so valuable after all.
you mean, like slaves didnt deserve to be paid because they werent so valuable after all right? because the current situation is not very far from what slaves had to break though when they were freed and everyone told them they are not worth decent pay and should work for scraps. this is not 18th century or Chinese sweatshop.

Are you not free to accept or reject any offer for your services as you see fit?
No, im not.

If you truly feel you should be paid a certain amount of money then go out and get yours. Hold to your convictions and go find a company or someone else who will pay you what you think you are worth. If you can't find someone that will pay you that much then maybe your skills aren't as valuable as you may think.
or maybe they are in agreement not to pay what i am worth? That way all of those companeis get to keep companies. because you know, if you paid decently how would you be able to afford a new ferrary every month. it is unthinkable not to be albe to afford one right?

If you happen to be in a high demand field where there are incredibly few people to fill a growing number of positions then use that shit to your benefit and go demand more money or go find a new employer who more appropriately appreciates your particular set of skills.
except that you cant demand more money, because the person at the top is too greedy, and if you dare demanding anything they will make sure you will never get hired again.

Your aruments seem to be from extreme capitalist perspective, which has never in entire human history ever worked for anyone but few "big" people favour. such a system is simply not acceptable and should not be tolerated.
 

ToastiestZombie

Don't worry. Be happy!
Mar 21, 2011
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Kumagawa Misogi said:
http://en.wikipedia.org/wiki/Amanda_Hocking

A woman who wrote in her free time self publishes on Amazon then becomes a millionaire why because she TRIED she didn't tell herself she would fail so it wasn't worth trying she went ahead and did it.

Stop blaming others for being a pathetic whiner you are a nothing because you never tried you beat yourself down in your own mind dooming your self to being nothing.

Also an education dosen't mean anything in the real world it's those with or without an education who don't give up that become the 1%.
Sorry, but I can not hold the "YOU CAN DO IT!" attitude you have. For every 1 Amanda Hocking you have 1,000 writers who, because they didn't write teen Vampire crap when it was popular, are un-employed and living terribly, even if they "tried", like you said. You aren't getting that success is pretty much ENTIRELY down to who your parents are, and the times you live in, working hard is just one tiny aspect of getting the kind of success she did. Do you really think the woman who wrote Fifty Shades of Grey got massively wealthy because she was some sort of writing genius rivaling Dickens? No, because the reality is she became incredibly lucky when her shitty Twilight fan-fiction (literally) got popular.

Also, calling someone a "pathetic whiner" and "nothings" just because they aren't as optimistic as you. That doesn't really make your argument sound any better.
 

Farther than stars

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Jun 19, 2011
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Bah, what liberal propaganda! Everyone knows CEO's need to be paid these salaries because of reasons and some kind of logic.
 

Farther than stars

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Jun 19, 2011
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IanDavis said:
Imagine that your job never really stops. You don't have weekends, and going home to see your family doesn't mean jack. If you screw up, you cost hundreds of people their jobs and piss away the money you borrowed from hundreds more. Also, no one will ever hire you again. CEO salaries aren't that ridiculous when you factor that stuff in.
Hmm, that's an interesting perspective, especially considering that most game developers suffer working conditions which approximate this. The only exception is the fact that a CEO is responsible for so many people under him/her. But then if CEO's really cared about their workers, they would pay them a better wage instead of cashing the money themselves.

Kumagawa Misogi said:
Wow what a lot of whiners on here, maybe if you lot actually did something with your lives instead of spending so much time on forums and playing games you could earn decent money instead of whinge at those who said fuck working for minimum wage as a faceless nobody I'm going to make companies want to pay me decent money.
It sounds like you're talking more about yourself and less about the people on this site. Tell me, are you not living up to your own expectation because of internet forums and playing video games?
 

FamoFunk

Dad, I'm in space.
Mar 10, 2010
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I can't feel shocked or angry, this goes on everywhere. It is terribly unfair, but nothing will ever change in the world of money.
 

DarkSpectre

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Jan 25, 2010
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Strazdas said:
Super Not Cosmo said:
They can pile it all up in a big Scrooge McDuckesque pile and set it all ablaze in the middle of Yankee Stadium while poor starving children watch from the cheap seats if they want to. As long as they are paying their taxes on it and aren't making it illegally then it's no concern of yours or anyone else what they do with it or how much of it they have.
No they cant. well, they shouldnt be able to. this is where our legal system completely fails, that they actually can go and do that. it is a concern of every single human on this earth when somone is being paid so much money, because this is not magical money that grow on trees, this is money taken away from other people, that other people earn, and given to this person simply because he has control, and his biased opinion is what allows him to act like that.
Who are you to force him to give away what he belongs to him? Who are you to force your ethics upon him? How exceptionally tyrannical and intolerant. Who are you to decide he should sacrifice his desires and wants for your desires and wants? What say do you have over his possessions? If he wants to be selfish then that is his right. If he wants to bury himself with all his wealth and possessions then so be it. He did not seize the money by force. He did not steal it. His customers willingly gave it to him. A lot of people decided to give the company their money and the company decided to give it to him. Don't like it? Don't give them your money. Are you a god to say how others should use their money? You cannot force people to love other people.

Why should you or anyone else have the first bit of say how a private entity spends it's legally obtained wealth?
Because this wealth is obtained at my expense.
In what way? Did he come to your house and force you to give him your money? Should his customers have been forced to give you their money? Should he have been forced to sell you his products at a lower price? People have the right to make choices about what to do with their life and wealth. Nobody owes you anything.

People should be allowed to make and accumulate as much wealth as their skills allow. If one guy can make a cool 65 million a year I say good on him. Bagging on people for making "too much" money reeks of jealousy and sour grapes. Bobby Kotnick making 65 million a year isn't harming anyone.
no they should not. they should be allowed to make a fair amount of wealthy as their skills allow, not be able to exploit others for the benefit of hoarding and waste. it is your statements that are the jelous wants, for you want everyone to be able to hoard things that often dont belong to them. you are mixing two important things - worth and payment.
And who are you decide what is fair? Who is anybody to decide that? If they want to work so they can horde then then who are you to say he is wrong? He didn't steal his money. Somebody gave it to him in return for him giving them something. He traded for it. Millions of people made a choice to trade their money the product his company made. The employees who are working there knew what they were going to get paid when they made the choice to work for the people that own the company. They are not slaves that have to work there.

If you or anyone else for that matter have a problem with "someone getting rich off your work" then go out and sell your services directly to the public and get rich off of your own work.
Yeah, because if someone is abusign others, the best thing is to do the same, becasue hey screw the rest of humanity as long as im rich right?
You could take your money and time apply effort and seize opportunity. Use what wealth and power you have to start your own company. Implement a pay scale you think is fair. Treat your employees nicely. Be better as you see it. Do what you think is right. Be a better man as you see it. I'd bet people would flock to your company and clamber to work for you. I'd bet you'd have loyal and adoring customers.

Nobody is forcing anyone to accept any given wage.
yes, they are.
They are? In what way are they being forced to choose to accept that wage? I don't like my paycheck. I would like more, but I am choosing to accept it because I prefer that over the alternative of no paycheck. I could choose to leave my job. I could choose to go find some land and start substance farming. I could take my tent and live in Alaska as a hunter to feed myself. I have a lot of choices I could make besides work for the pay I am given. I just decided this is my most favoured option Those people could quit their jobs right now. Nobody will drag them to a slave camp, clap them in irons, and force them to work at threat of life. Life would be harder yes, but that is an option. Nobody is owed a high standard of living.

If someone doesn't feel they are being fairly compensated for their skills or services they are free to withhold those skills and services and look for someone who is willing to compensate them more to their liking. If you can't find compensation that you think is acceptable then maybe the service you are offering isn't so valuable after all.
you mean, like slaves didnt deserve to be paid because they werent so valuable after all right? because the current situation is not very far from what slaves had to break though when they were freed and everyone told them they are not worth decent pay and should work for scraps. this is not 18th century or Chinese sweatshop.
And you know what those slaves did? They proved themselves. They proved everybody wrong. I hold as example the exceptional Fredrick Douglas. He didn't think he was worth scraps. He struggled until he made something of himself. I'll let the man speak it better in his own words: http://www.artofmanliness.com/2009/07/11/manvotional-self-made-men-by-frederick-douglass/

Are you not free to accept or reject any offer for your services as you see fit?
No, im not.
In what way I ask? Have you lost your free will? Are you a slave? No you are not. Nobody has you in chains. Nobody is beating you if you don't work for no pay. Nobody will hunt you down and drag you back to your job if you up and quit. You are free to accept their offer or not accept as you see fit. Just because you can't stomach the alternative to accepting it don't say you don't have a choice. You always have a choice.

If you truly feel you should be paid a certain amount of money then go out and get yours. Hold to your convictions and go find a company or someone else who will pay you what you think you are worth. If you can't find someone that will pay you that much then maybe your skills aren't as valuable as you may think.
or maybe they are in agreement not to pay what i am worth? That way all of those companeis get to keep companies. because you know, if you paid decently how would you be able to afford a new ferrary every month. it is unthinkable not to be albe to afford one right?
A resource is only worth as much as people are willing to pay for it. The skill and labour you offer has no inherent worth or value. Your time and effort is a resource, and they don't think it is worth much. Your time and effort has zero worth and value beyond what anybody is willing to give for it. I have a tiny little plastic army man sitting on my desk. Probably worth two cents to you, but worth more than any amount of money in the world to me. A man who can't fix his own car is values the labour of a mechanic highly, but a man who is a mechanic probably doesn't value that same labour very highly. One man's trash is another man's treasure. Nothing has value beyond what we assign it in our minds.

If you happen to be in a high demand field where there are incredibly few people to fill a growing number of positions then use that shit to your benefit and go demand more money or go find a new employer who more appropriately appreciates your particular set of skills.
except that you cant demand more money, because the person at the top is too greedy, and if you dare demanding anything they will make sure you will never get hired again.
You can demand it. You just don't want to because you're afraid of the their reaction. Nobody owes you a job. Nobody owes you anything. They are not your slaves. You would force them to make choices. You would take away their liberty and freedom to do as they see fit. You would impose your ethics upon them. What other option would you suggest beyond liberty? If we are to distribute resources fairly who would decide what is fair? Who would hold that power? Who as that right? Does it rest in the hands of the strongest and best armed? That is tyranny and dictatorship. Do you think that they would be free of the greed of humanity? Would you give to the majority? What then would protect the minority? Is it acceptable to sacrifice 1 person against their will for everybody else? Is it acceptable to sacrifice 10%, 20%, 30%, 49%? A gang rape is a majority vote. No not for me. No for me I choose liberty and all its difficulties. I value ever life and person whether they be rich, poor, white, black, man, woman, young or old. I don't want anybody telling me what to do and I won't tell anybody else what to do. This is what I believe.
We hold these truths to be self-evident, that all men are created equal, that they are endowed by their Creator with certain unalienable Rights, that among these are Life, Liberty, and the Pursuit of Happiness. That to secure these rights, Governments are instituted among Men, deriving their just powers from the consent of the governed
I would sooner die than live in chains or on my knees to another man's desires, and I would give that choice to everybody else out there. Nobody owes me anything and I would have it no other way. Give me liberty or give me death.
 

Weaver

Overcaffeinated
Apr 28, 2008
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90sgamer said:
IanDavis said:
Imagine that your job never really stops. You don't have weekends, and going home to see your family doesn't mean jack. If you screw up, you cost hundreds of people their jobs and piss away the money you borrowed from hundreds more. Also, no one will ever hire you again. CEO salaries aren't that ridiculous when you factor that stuff in.
I think you are the only person in this thread who is able to see the situation sensibly.
If a company hires me for one year paying me $65 million, I'll take the risk of never being able to work again. Likely because I'll retire within the year. I'll buy a 1 million dollar house, which is basically a mansion around here, and live the rest of my life off savings.
 

Colt47

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Oct 31, 2012
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AC10 said:
90sgamer said:
IanDavis said:
Imagine that your job never really stops. You don't have weekends, and going home to see your family doesn't mean jack. If you screw up, you cost hundreds of people their jobs and piss away the money you borrowed from hundreds more. Also, no one will ever hire you again. CEO salaries aren't that ridiculous when you factor that stuff in.
I think you are the only person in this thread who is able to see the situation sensibly.
If a company hires me for one year paying me $65 million, I'll take the risk of never being able to work again. Likely because I'll retire within the year. I'll buy a 1 million dollar house, which is basically a mansion around here, and live the rest of my life off savings.
Again, I'm against the payout system in place for CEOs. The bonus money from meeting milestones should go towards the company and help improve work conditions, give out bonuses, and encourage internship opportunities. The CEO is already getting paid more money than any other worker under him: usually in the hundreds of thousands of dollars a year. They really shouldn't need such massive million dollar bonuses.
 

Lazy Kitty

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May 1, 2009
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So...
Does he just like big numbers or does he actually manage to spend that much?

Seriously, with money like that, I'd try to start my own space program.
 

Atmos Duality

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Mar 3, 2010
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Good for him.
As long as he doesn't buy out any of my developers and grind them to dust with that kind of spare cash, he's free to cost/embezzle/earn/steal/BBQ however much money from his company as he likes.
 

Yuuki

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Mar 19, 2013
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IanDavis said:
Imagine that your job never really stops. You don't have weekends, and going home to see your family doesn't mean jack. If you screw up, you cost hundreds of people their jobs and piss away the money you borrowed from hundreds more. Also, no one will ever hire you again. CEO salaries aren't that ridiculous when you factor that stuff in.
I would work in such a job for ~3-6 months and make enough money to never NEED to work again and not NEED to give a fuck about anything or anyone ever again, just me and my family (and future generations).
 

Darks63

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Mar 8, 2010
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Rex Dark said:
So...
Does he just like big numbers or does he actually manage to spend that much?

Seriously, with money like that, I'd try to start my own space program.
Sadly you would have to add one or two more zeros to the end of that salary to make an actually viable space program and not end up in the poor house.