Poor
Mr. Seidenberg !
He
got only $ 820 for every employee he laid off !
Absolutely
unfair compared to Robert Iger who earned $ 6346 for every worker he sacked.
Here
are the details, as reported in DNA Money/Sept. 02, 2010:
|
Source:
|
||||
|
Company
|
CEO in 2009
|
2009 Total
CEO Compen.
( $ Million)
|
Announced Layoff
(11/1/08 to 4/1/10)
|
Compen. Per Employee
laid off ($)
|
|
Schering – Plough
|
Fred Hassan
|
49.6
|
16,000
|
3103
|
|
Johnson & Johnson
|
William Weldon
|
25.5
|
8,900
|
2873
|
|
Hewlett Packard
|
Mark Hurd
|
24.2
|
6,400
|
3781
|
|
Walt Disney
|
Robert Iger
|
21.5
|
3.400
|
6346
|
|
IBM
|
S. Palmisano
|
21.1
|
7,800
|
2712
|
|
AT & T
|
R. Stephenson
|
20.2
|
12, 300
|
1645
|
|
Wal-Mart Stores
|
Michael Duke
|
19.2
|
13,350
|
1440
|
|
Font
|
Alan Mulally
|
17.9
|
4,700
|
3812
|
|
United Technologies
|
L. Chenervert
|
17.9
|
13,290
|
1346
|
|
Verizon
|
I.Seidenberg
|
17.5
|
21,308
|
820
|
If
good old U.S. of A. wants to come out of double-dip recession, it should start
rewarding their CEOs $ 10,000 for every job they ” created ” .
It
is about time Wall Street / CEOs / Shareholders started thinking long terms.
With
regards
hemen
parekh
Jobs
for All = Peace on
Earth
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