


AMD's top executive ranks are now decimated









Comments     Threshold


Executives are a dime a dozen
By mcnabney on 2/11/2011 9:29:20 AM , Rating: 5
For every Steve Jobs there are a thousand stuffed shirts bringing down massive paychecks.

I really don't know why they are paid so much when the overall market is the real mover and shaker. At my company, when the market is growing - the executives take the credit, and when it is flat it is the employees not working hard enough. The executives always get their bonues, rain or shine. Employees....not so much.

RE: Executives are a dime a dozen
By Da W on 2/11/2011 9:53:30 AM , Rating: 5
Same at the government. When the economy does well, it's the government good decision making. When all hell break lose, it's the bureaucrats fault.


RE: Executives are a dime a dozen
By Hieyeck on 2/11/11, Rating: -1
RE: Executives are a dime a dozen
By mcnabney on 2/11/2011 2:55:47 PM , Rating: 2
I'm plenty rich.

But still a worker bee.

RE: Executives are a dime a dozen
It ain't about the money.







RE: Executives are a dime a dozen


RE: Executives are a dime a dozen

RE: Executives are a dime a dozen
By Legolias24 on 2/11/2011 11:23:08 AM , Rating: 5
Usually executives have such high compensation because their life is their job. They're working 24/7 believe it or not. I'm not saying that I agree they should have such high compensation but that is one of the reason why they get the big bucks.

Also, their bonuses are tied to a contract that they negotiated with the company. If they get their bonus rain or shine, that's because they negotiated it and the company is obligated to honour that contract. Keep in mind, the bonus they received when the company is in the toilet would pale in comparison to what they would have received had the company been on top of the world. Again I don't agree with it because we 'drones' don't usually get an opportunity to have varying degrees of a bonus whether the company is in the tank or flying high. Usually we get nothing or something.

Just my two cents. I don't know if you could pay me enough to be a CxO because the job never stops...:S

RE: Executives are a dime a dozen
By Taft12 on 2/11/2011 2:15:22 PM , Rating: 2
Far more importantly than working crazy hours is the business network contacts.

Like it or not, if you have the CEO of Intel's cell phone #, you are far more valuable to be in that position than you or I would.

RE: Executives are a dime a dozen
By mcnabney on 2/11/2011 3:11:09 PM , Rating: 4
Executives don't work. People that run small businesses work. The owner of the Mexican restaurant you love to eat/drink at works. He puts in 80 hours a week and if he F's up he isn't going to get a Golden Parachute.

I have been supporting executives for a decade now. They might be 'busy' for 10 hours a day, but half of that time they are just shooting the shiat with their peers or underlings. Their job entails requesting data, listening to presentations, and when everyone agrees with them - making decisions. They are frequently underinformed and their skillsets general consist of speaking manageresse and acting like an arrogant prick.

And they hardly negotiate their own contracts. Board's of Directors love to overpay executives because if they are paid too much they MUST be super, duper, awesome at their job. All the Board cares about is raising the share price for the current quarter so that THEY get paid. Nobody thinks long term. They make groupthink guesses as to where the market is going and want to be rewarded when the obvious happens. But when something unexpected happens they hide behind the 'how could I have know' mask.

RE: Executives are a dime a dozen
Wow. Chip, meet shoulder.



RE: Executives are a dime a dozen

RE: Executives are a dime a dozen

RE: Executives are a dime a dozen
By ekv on 2/12/2011 2:00:32 AM , Rating: 2
Does Jobs really have anything to do with this?

Try comparing Ruiz with Meyers.



The executives always get their bonues, rain or shine



Latest Headlines
3/7/2014 Daily Hardware Reviews
March 7, 2014, 10:19 AM
3/4/2014 Daily Hardware Reviews
March 4, 2014, 8:45 AM
2/27/2014 Daily Hardware Reviews
February 27, 2014, 11:54 AM
2/26/2014 Daily Hardware Reviews
February 26, 2014, 10:28 AM
