Articles about pay

Marc Benioff of Salesforce. Pic: Techcrunch

Benioff's Bulging Benefits: Salesforce CEO handed massive pay cheque

Salesforce.com's chief executive has been handed a massive $39.9m (£25.7m) pay packet, despite objections from a number of major shareholders related to its modest record of profitability. Shareholders narrowly approved the package for Benioff and the six other directors, totalling $81.6m (£53m) in 2015. Dutch pension company …
Kat Hall, 11 Jun 2015
Microsoft Clippy

Android M's Now on Tap cyber-secretary is like Clippy on Class A drugs

Google I/O Google today showed off the latest build of Android, version M, at its annual developer conference Google I/O in San Francisco. "Version L was a major release so with M we've gone back to basics," Sundar Pichai, Google's senior veep and heir presumptive to the advertising giant's throne. "The focus is on polish and quality and …
Iain Thomson, 28 May 2015
Vodafone adds payment cards to mobile wallet

Can't wait to bonk with Apple? Then try an Android phone

Four years ago, your reporter paid for cookies with a mobile phone. Now, with Apple poised to bring some wrist action to bonking cash, we thought we’d take a look at how the competition has evolved. We’ve been trying Vodafone SmartPass, and discovered that things haven’t improved much over the last four years. In fact, …
Bill Ray, 24 Apr 2015

Shareholders pen outraged letter about Ellison's bulging package

Oracle and its founder Larry Ellison are facing fresh calls from shareholders to change the company's high compensation structure for executives, and stop ignoring requests to communicate with directors. Dutch and UK shareholder groups PGGM and Railways Pension Trustee Company Limited have more than 2.8 million members and $ …
Kat Hall, 26 Jan 2015
Microsoft CEO Satya Nadella

Microsoft shareholders approve of CEO Satya Nadella's MASSIVE PACKAGE

A revolt by shareholders at Microsoft's annual general meeting over CEO Satya Nadella wages failed to materialize today – and his executive pay package was approved. Company advisory firm Institutional Shareholder Services said it had significant concerns over the size of Nadella's package, which it estimated was worth over $ …
Iain Thomson, 3 Dec 2014

AW, SNAP, Oracle. You've shrivelled up poor Larry Ellison's package even more

Oracle’s soon-to-be-ex-CEO Larry Ellison took home slightly less money in fiscal 2014 than the previous year, after some rumblings of criticism at the sizeable nature of his big package. The poor billionaire bagged just $67.3m in compensation, instead of the $78.4m he managed to make off with in fiscal 2013, a markdown of 15.5 …
warehouse interior - wide aisle, big shelves

Germany strikes again over Amazon warehouse pay

German union Verdi has not given up on the hopes that striking at Amazon warehouses will change the mega-etailer’s mind about pay. Verdi wants workers at distribution centres in Bad Hersfeld, Leipzig, Graben, and Rheinberg to walk out as it continues its agitation over pay and working conditions. "Amazon still refuses to …
Apple iPhone 6

Why Apple had to craft a pocket-busting 5.5in Plus-sized iPhone 6 (thank LG, Samsung etc)

Apple's two-hour parade, topped off by a performance by ludicrous boy band U2, on Tuesday was a long-winded way of shoring up its size problem. The size of its iPhone touchscreens, specifically. The Cupertino giant opened its presentation by unveiling a pair of iOS 8 smartphones that boast larger screens: the 4.7in iPhone 6 …
Shaun Nichols, 10 Sep 2014

Zuckerberg and other directors sued over GIGANTIC PACKAGES

A disgruntled shareholder is suing Mark Zuckerberg and other top Facebook execs over what he claims are unreasonably generous payment terms. Ernesto Espinoza filed with the Delaware Chancery Court on Friday, saying that the way pay was decided at the moment basically left the board free to give itself however much money it …

eBay takes a small bite out of execs' bonuses

eBay chief exec John Donahoe's take-home pay has shrunk by half compared to last year, partly because the online tat-bazaar's financial performance didn't live up to expectations. Donahoe was paid $13.8m in wages and bonuses for 2013, down 53 per cent from the whopping $29.7m he trousered for the previous year. "The Committee …

Barclays warns freelance techies of DOUBLE DIGIT rate cut

Cost-cutting Barclays has incurred the wrath of all its contractors, including techies, by confirming plans to slash rates by ten per cent from next month. This is the third cut to IT freelancers in as many years, say our sources, and comes as the business prepares to wave goodbye to up to 12,000 workers worldwide including 7, …
Paul Kunert, 11 Mar 2014
management consumerisation

Java or .NET bod in the Midlands? Congrats - you've got a DOUBLE DIGIT payrise

IT contractors are being treated to whopping great annual pay rises of up to 13 per cent, a survey has revealed. While the rest of the world makes do with rock bottom wages, tech bods working in the financial services sector are finding their pay packets shoot skywards due to heavy demand for their skills, according to the …
Jasper Hamill, 25 Feb 2014
warehouse interior - wide aisle, big shelves

Striking Amazonians warn: Don't rely on us for Christmas pressies

Amazon workers in Germany are preparing to go on strike once again, in the middle of the busy holiday period, backed by a delegation demonstrating outside Amazon HQ in Seattle. The Verdi trade union has said that workers would be striking in Amazon's warehouses in Bad Hersfeld, Leipzig and for the first time in Graben, while a …
management consumerisation

What heat wave? Pay still frozen over for 70 per cent at Capita ITS

Over a quarter of Capita's IT Services division were given pay rises in the April review this year, the firm has said, but the rest of them will have to wait until business is better. ITS managing director Peter Hands and ops director Steve Rick said in a conference call on Friday that the pay rises they had managed to squeeze …
michael_dell

Michael feels package shrink painfully as Dell freezes salary

Michael Dell may have to hold off on those gold taps for the bathtub in the corporate jet, or set his sights on a slightly less horizon-girdling Texan ranch after seeing his total compensation tumble at the company which bears his name. The founder and CEO at Dell, the firm he plans to take private again, saw his package …
Paul Kunert, 4 Jun 2013
The Register breaking news

Amazon faces its third strike in Germany

Amazon is facing its third one-day strike in Germany over pay and benefits, as trade union Verdi gets workers in Leipzig and Bad Hersfeld to knock off work from 5am BST. The two sites, which house around 5,000 workers altogether, already held partial strikes when 600 Bad Hersfeld staff stopped work on 14 May along with 300 …
management consumerisation

Capita's top brass bags 20% rise - as IT bods shiver in wage freeze

Capita's top bosses' annual compensation packages rose by a fifth last year - at the same time the UK outsourcing giant's IT Services (ITS) workers had their wages frozen and bonuses scrapped. Hard-pressed ITS staffers, who are thrashing out a pay deal for 2013, were furious when they learned of the windfall enjoyed by execs …
Paul Kunert, 10 Apr 2013
Palmisano Rometty IBM

IBM chiefs order pay freeze at US services tentacle

Update The employees at the Global Technology Services unit of Big Blue got some unwelcome but probably not unexpected news that there would not be a broad-based salary increase at the unit this year. There are also reports that IBM has frozen salaries of higher-level executives across the company, which the company has not confirmed …

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