Anyone here get a 25% raise?

[Nordmadr]

Special report: CEO pay 'business as usual'
By Gary Strauss and Barbara Hansen, USA TODAY

Big CEO paydays are back in style. After three years of modest gains, higher corporate earnings and rising stock prices helped many executives post their largest personal financial windfalls since the go-go 1990s.

CEOs pulled in median compensation of about $14 million in 2004, up 25% from 2003, according to a USA TODAY analysis of the largest public companies filing annual proxies through March 25. Compensation includes salary, bonus, incentives, stock awards, stock-option gains and potential returns from fresh option grants. Data were provided by executive-pay-tracker eComp Data Services.

http://www.usatoday.com/money/companies/management/2005-03-30-ceo-pay-2004-cover_x.htm

Olaf

[loveable liberal]

1. I did!!! Oh wait..no i didnt.

As a matter of fact, I havent had a cost of living increase in 3 years. I work in law enforcement.

[placton]

7. The public is screwing its public servants

like yourself. Their desire to underpay you, by reducing taxes, and still have you perform the same services, makes no sense.

We all need to remember that the next time some tax rollback policy is pushed by the politicians.

[animuscitizen]

12. That is an accurate assessment

I have worked in public mental health programs (county and county contract agencies) for years. Salary and benefit cuts have been the norm--especially over the past 5 years. I'm exploring a career change because I am so disgusted with the piss poor salaries and never ending benefit cuts. Skilled, competent employees don't stay in these jobs if they are not appreciated. The recipients of services also suffer the consequences.

[MountainLaurel]

11. Me neither

I work at a state college. Because I'm at the top of the pay band for my position, no raises of any sort for me.

[LSK]

2. they average $14m / year??

Lets just say they make $2m / year - leaving $12m extra a year. How many salaries at $50k / year is that? Thats 240 jobs. 240 more families that can live the American dream better per CEO.

[On the Road]

3. I Got a 1% Raise

not complaining, because the job's not bad, but since you asked...

[Maestro]

4. I haven't had a raise in 4 years.

And I am more intelligent than most golf playing, account swindling CEOs.

[denverbill]

5. And how did they improve earnings?

Laying off workers, exporting jobs overseas, cutting health care benefits, buying competitors, etc.

Aren't you glad that the President and VP of the country are also CEO's? GWB is the first CEO President.

[lukasahero]

22. Tax "avoidance" tactics

Read "Perfectly Legal" - believe it or not, the things you mention don't save them half as much as simply setting up a mailbox in Bermuda.

[beyurslf]

6. Has the Stock Market even gotten back to the high before

GW assumed his throne?

[Yupster]

14. Yes, but it has not gotten

back to its all time high in March of 2000 though.

[Spike from MN]

8. Good one olafvikingr!

A 25% raise? That's hilarious! Cut it out! You're killing me!

BTW, what's a raise anyway? The Repuke gov here froze wages for all state employees last year and cut benefits so we had to fork over more out-of-pocket expenses for medical care. Nice to know the CEOs are doing so well anyway. I'd hate for them to suffer like the rest of us are. Greedy bastards.

[loveable liberal]

20. loveable liberal works in Minnesota too.

Loveable liberal wishes he made more money. I love writing in the 3rd person.... Actually it was the clown trio of Bachmann, Krinke and Reiter that proposed the legislation that halted cost of living increases for state and local employees.

[tanyev]

9. What a relief.

I can't tell you how much sleep I've lost, worrying about all those poor CEOs.


<I get to use this!>

:sarcasm:

[babylonsister]

10. No. In fact, my husband just got

a 4-1/2% paycut today. :banghead:

[AngryAmish]

13. Yes

However, my income varies quite a bit from year to year.

[Yupster]

15. Same here Amish

I work on commission, so I've had years up 50 % up and others 30 % down. Most people wouldn't like to live that way, but I'm used to it.

[Nordmadr]

16. Well, I think it is safe to say

everyone is getting my point.

I'm sure all those CEO's were doing there job 25% better. When is enough enough?


Greed! The number one killer of life, liberty and the pursuit of happiness.

The rest of us suffer through lay-offs, pay or promotional freezes, increased medical costs, cost of living increases...and they are wondering what to do with their extra $2 Million raise from this year alone.

I don't know how much more of this I can take.

Olaf

[taught_me_patience]

17. No

2%

But in *'s world they (CEOs) should be rewarded (lower their tax rate and eliminate their estate taxes) and people like me (lazy middle class worker) should be punished with higher taxes and higher medical costs.




This is becoming a joke. :puke:

taught

[RebelOne]

18. I got a whole 6% in Feb. Big deal.

[lukasahero]

24. 6% is hardly something to complain about

read the rest of the responses - people here haven't gotten raises in years.

Perhaps rather than being jealous that you're not getting the same size raise as the CEO's you could consider being outraged that they are making that raise stepping on the backs of the people like those here who actually do the work (or would love to but don't have a job any more since the CEO decided to downsize the workforce to upsize his paycheck)?

I got 5% myself last year - first time since 2000 and feel damn privileged for it.

[Endangered Specie]

19. THe only thing I deal with that could come close to raising 25%

are tuition costs.

[SoCalDem]

21. My daughter-in-law actually got a 30% raise...much to my son's chagrin

Up until then he made more than she did.. I reminded him that in a joint account, it doesn't matter who makes more :evilgrin:

[DelawareValleyDem]

23. Never in my life

and certainly not in this decade

[maxsolomon]

25. 9%!

but i kick ass. after all, it is hard to find employees as talented & funny as me.

plus handsome.

on edit: plus i dress well.

NO PLEATS!

[Viking12]

26. No, but my workload has increased by 25% for the same pay.