Holyrichshitballs. If I were in that position I'd give so much of that away, I'd pay my employees heaps more and still have enough to live on. Hell, why do you need more then 70,000 a year? The rest I'd give away.
Updated: Activision CEO Earned $64.9 Million in 2012
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Awful and here's why, everything you said can be applied to the following:IanDavis said:
Doctors
Surgeons
Air traffic controllers
Pilots
Soldiers
and I'm sure there are many more but that's all I could think of.
Point is, these professions are as demanding as a CEOs yet get paid way less and have to potential to have more to lose. So don't be a CEO sympathizer they're not your friend.
And this is an excellent illustration of just how badly we need a maximum wage or at the very least much higher taxes on the wealthy. There was a time when the wealthiest were paying 90% of their income as tax. The economy was flourishing back then with a healthy job market for anyone that wanted to work. Seems high time to bring that back.
On a side note, intentional destruction of currency is actually a federal offense. Carries a potential 6 month sentence. Purchasing anything from activision should qualify.
On a side note, intentional destruction of currency is actually a federal offense. Carries a potential 6 month sentence. Purchasing anything from activision should qualify.
Well no surprise. My friend got into Skylanders and dropped over 1000 dollars in less than three months.
If you do that you would only make 500,000 - one million because his base salary was only two million during the year. He normally makes well under ten million a year total after all his bonuses.Yuuki said:
The vast majority of what he earned fifty six million was stock awards which is not actually cash but stock in the company. This would come with a massive amount of paperwork attached to it. He wont be allowed to do anything with that stock except collect dividends for a quite a few years. He has also been working there for over twenty years and did a massive amount of work to earn that salary and rewards.
Yup pretty much this. What irks me isn't that it's not my lazy ass getting paid all this crazy money. It's that there are so many other professions that I feel deserve much better compensation than what they are recieving. You can definitely add Teachers, Nurses, Police and Firemen to that list.Skipper3 said:
Looksl ike we are in for the long haul.
I do think that what i make, which is aroun 600 dollars a month, is quite fair. However if you were to consider the same standarts as Kotic, the stress,knowledge, ect factors, i should be earning closer to 60.000. And its not that i should earn more, its that Kotick earns too much.
No. I have earned 5 millions legally. I will hire a hitman to kill you. By your logic, i should be allowed to do that.Super Not Cosmo said:
yes it could, however there are many more sensible reasons than "its my money omg" to not do that.
Yes it is. I guess if they wanted to pay him 65 cents, ala slavery, you would be okay with it too right?
yes, i am.
I dont buy fast food. i make all my own food.
I do think that what i make, which is aroun 600 dollars a month, is quite fair. However if you were to consider the same standarts as Kotic, the stress,knowledge, ect factors, i should be earning closer to 60.000. And its not that i should earn more, its that Kotick earns too much.
yes we should. I guess if you would be forced to cement 100 dollars each month of your earnins just because some crazy guy wants that you would care too.
they shouldnt be. and they arent. there are laws agasint monopolizing and business certelization.
It is a tough question, i agree. we as a human race gets to decide that. not Kotick, not activision, humans. A fair amount is an amount that leaves the person rewarded for their work (not effort, effort does not count) results without it taking away from the same reward of others. That is, reward is based on the work you done. No work ever done maybe save for curing cancer is ever worth 64 millions.
Yes, i do not deny that my 2,5 world country lives in excess copared to some and that they should stop whining so much. however when you look at the moneygribbing that happens (which is similar to ill pay you less because i want a new car, and you will ahve to work harder) i can udnerstand the whine.
best anecdote i read today. I can only assume you have little work experience to claim such a thing.
there is this little thing called food. we both need it, it holds us for ransom.
of course they would. for most people learning a new skill without having money to do so is impossible. do you think people woudl rather starve to death than work for 6k a year? a thing like this is already im place, though not at a 6k limit. and it works. Capitalism has turned into plutocracy.
I am glad you arei n the industry that does not have this yet. others do. Here, the counter offer would not happen, for they are in agreement not to raise the pay.
A human. And that is all i need.
Who is he to decide we should sacrifice our desires and wants for his desire and wants? why do you think he should be allowed to get away with that?
By paying inadequate wage to thier workers.
Yes, i am a slave to capitalism. if your only understanding of a slave is the one in chains you should think wider. Just becasue nobody has a gun on your head does not mean your actions are not forced.
If one persos death means benefit to many, yes. Ergo the existence of capital punishment.
Sadly, it seems you are a ghost who does not realize his own death then.
And what exactly makes you think he is doing the least amount of work? Do you think a CEO just sits there doing nothing all day? Maybe once you get into the real world you'll understand.Adam Jensen said:
So what if he only makes a million in that 6 months? As a highly qualified professional, working in an international company at the top end of middle management (before I quit because of the stupid hours), I used to have an annual salary (before tax) of £50,000-ish. That puts me at around 2.5x the national average income. And even if you ignore tax (which you can't) it would take me TWENTY YEARS to make a million. If you include tax, it would be 27 years - the vast majority of my working life.Little Gray said:
As long as you're living a reasonably frugal life, it's entirely possible to live for the rest of it on a million, whether you're talking USD or GBP. Whether this dude's total income is $60m or $8m, it's still an immoral obscenity as far as I'm concerned.
Don't be so naive. I've been in the real world. I've worked with CEO's of big multinationals. Hell... in some cases, I've even been "in charge" of reviewing their pay packages (in as much as I had any say in the matter...). The vast majority work hard... I don't deny that... but they don't work any harder than I used to, and most of them work less. THEY would go home to their families, while I was still sweating away over the files/accounts/other stuff and say "I'll look at it tomorrow morning... just make sure it's done!"Assassin Xaero said:
Maybe it's you that needs to spend some time in the real world...
Read the head line, my hatred for Bobby went up.
Read the update, my hatred for bobby went back to its normal level.
Thought about it, my hatred went back up again.
Read the update, my hatred for bobby went back to its normal level.
Thought about it, my hatred went back up again.
I would say that in corporate terms, or in any sort of work terms really, you don't get a higher pay because you do "more". Just doing tens of hours of simple labor isn't going to make you much. Indeed, 10 hours of manual labor will earn you more than 8 but the pay grade is the same.Lawyer105 said:
The way I see it, and I don't want to defend the savage capitalism that has become the norm around the world too much, you get pay more in terms of 2 things. The quality and complexity of your work and on the levels of responsibility and accountability you have.
CEO don't get payed more because they can crunch numbers better than anyone else, they get payed more because its their responsibility to oversee an entire company or part of one. And believe me, pushing paper, crunching numbers or even intellectual work (even the highly graded one) is nothing compared to having to deal with people.
If someone told me, "here take this 600+ employees company and make millions with it" I would surely as hell would have to get payed a lot of money to be accountable for all those workers.
...replace jobs with lives and that's a bit like being a noncommissioned officer in the military. The ones that make ~$40,000 a year (if you count benefits... it's under 30 for actual pay) and tend to live quite comfortably on that. I know I did.90sgamer said:
Of course, now I do considerably less with a whole lot less responsibility while making more in the private sector. This system is completely fucked up even on the low levels where I exist. Compensation based on real-world contribution simply isn't a thing in this country.
"THIS MAN MAKES MONEY. THEREFORE HE IS AN ASSHOLE! FUCK HIM!"
Da fuck, people? You don't have to like how much he's making, but how many people have straight up called him a prick in the first page alone? Someone they've never met and know nothing about save for his name and his salary.
P.S. The article has been amended, and apparently his earnings last year were only $8.33. I suppose it remains to be seen whether or not he's still automatically a piece of shit at this salary level.
Da fuck, people? You don't have to like how much he's making, but how many people have straight up called him a prick in the first page alone? Someone they've never met and know nothing about save for his name and his salary.
P.S. The article has been amended, and apparently his earnings last year were only $8.33. I suppose it remains to be seen whether or not he's still automatically a piece of shit at this salary level.
Have you been living in a cave without internet access for the past 5 years, or have you just missed the articles about Activision's business practices that has been floating around, like the Activision vs. Jason West and Vince Zampella lawsuit? Even the more unbaised article paints a picture of Kotick being a cynical, brutally pragmatic businessman at best, or a greedy, petty cut-throat at worst.The Inquisitive Mug said:
