Feeds

Ballmer and Gates make a million

Hardest working men in IT

Providing a secure and efficient Helpdesk

Bill Gates and Steve Ballmer have finally joined their high-tech peers by scoring annual salaries in the one million dollar range.

Microsoft's chief software architect and chief executive officer were paid $1m during the last fiscal year after each receiving a $400,000 bonus on their $600,000 salaries. Both men were previously just shy of $1m, being paid $901,000 each.

In its latest Securities and Exchange Commission (SEC) filing Microsoft said the compensation reflected their status as significant shareholders of the company. Both men are eligible for bonus of up to 120 per cent based on a review.

The reward came as Microsoft announced a record year, reporting $39.79bn revenue for fiscal 2005 that ended on June 30, 2005. Revenue for the year increased eight per cent.

The award finally puts Gates in the same league as their peers at at lest two rivals - Oracle and SAP. But only just. Henning Kagermann, chief executive for SAP, draws a $4.16m salary from the ERP Goliath while Oracle's Larry Ellison keeps a lavish lifestyle of boating and designer homes afloat with a $7.48m pay check.

The blip is not enough to beat two of Microsoft's other top performers, though. Kevin Johnson, recently appointed co-president of platform products and services, pulled in $1.05m in salary and bonuses while Jeff Raikes, head of business solutions, scored $1.04m. Out-bound co-president of platform products and services, Jim Allchin, drew level with Gates and Ballmer.

Microsoft noted in its SEC filing that the salaries of Gates and Ballmer are "significantly below competitive levels elsewhere in the information technology industry and large market capitalization US companies, and they do not participate in the company's equity compensation program". ®

Secure remote control for conventional and virtual desktops

More from The Register

next story
Scrapping the Human Rights Act: What about privacy and freedom of expression?
Justice minister's attack to destroy ability to challenge state
WHY did Sunday Mirror stoop to slurping selfies for smut sting?
Tabloid splashes, MP resigns - but there's a BIG copyright issue here
Hey Brit taxpayers. You just spent £4m on Central London ‘innovation playground’
Catapult me a Mojito, I feel an Digital Innovation coming on
Google hits back at 'Dear Rupert' over search dominance claims
Choc Factory sniffs: 'We're not pirate-lovers - also, you publish The Sun'
EU to accuse Ireland of giving Apple an overly peachy tax deal – report
Probe expected to say single-digit rate was unlawful
Inequality increasing? BOLLOCKS! You heard me: 'Screw the 1%'
There's morality and then there's economics ...
While you queued for an iPhone 6, Apple's Cook sold shares worth $35m
Right before the stock took a 3.8% dive amid bent and broken mobe drama
EU probes Google’s Android omerta again: Talk now, or else
Spill those Android secrets, or we’ll fine you
prev story

Whitepapers

Forging a new future with identity relationship management
Learn about ForgeRock's next generation IRM platform and how it is designed to empower CEOS's and enterprises to engage with consumers.
Storage capacity and performance optimization at Mizuno USA
Mizuno USA turn to Tegile storage technology to solve both their SAN and backup issues.
The next step in data security
With recent increased privacy concerns and computers becoming more powerful, the chance of hackers being able to crack smaller-sized RSA keys increases.
Security for virtualized datacentres
Legacy security solutions are inefficient due to the architectural differences between physical and virtual environments.
A strategic approach to identity relationship management
ForgeRock commissioned Forrester to evaluate companies’ IAM practices and requirements when it comes to customer-facing scenarios versus employee-facing ones.