In 2004, he made approximately $25 million USD with a "stay bonus" of US$6 million, which dropped from $12 million after a controversy involving his "excessive compensation". After surveying 2,000 US corporations, the Corporate Library named Jeffries as the "Highest Paid Worst Performer" of 2008, after he received a compensation package valued at $71.8 million. Jeffries refused to lower prices or offer discounts at Abercrombie & Fitch stores during the retail recession until September 2009, after the company posted same store sales losses for 17 consecutive months.