Comments on: Think Different … Or Not! http://www.mymac.com/2011/11/think-different-or-not/ Publishing since 1995 Thu, 17 May 2012 03:59:37 +0000 hourly 1 http://wordpress.org/?v=3.3.2 By: Owen Rubin http://www.mymac.com/2011/11/think-different-or-not/comment-page-1/#comment-32145 Owen Rubin Tue, 29 Nov 2011 23:10:56 +0000 http://www.mymac.com/?p=13239#comment-32145 In general, I believe I agree with you Tim that they need to offer incentives to keep the team in place, but it is the amount that is the problem for me. Whether or not the Occupy movement is in your town, the issue is real (1% owning a mass majority of the wealth and power in the world) and it is a global issue and Apple has a responsibility to be aware of it. 360 Million is WAY too much money for 6 people, and a third of that would have most likely kept those people there, and they could have timed the bonuses so they happened or were announced when the whole Occupy movement settled down rather than right in the face of it. And be serious, I am sure those people have no intention of walking away any time soon, they have it too good even before these outrageous bonus amounts, and if they were going to leave, Apple would have plenty of time to buy them back to stay. As for Steve doing this, he often tied bonus compensation to stock price (as he did for his own salary except for the $1) but he was not about giving out $60 million awards to one person, much less six of them. Personally, I think the timing and amount stink, and it makes Apple just another company for me. In general, I believe I agree with you Tim that they need to offer incentives to keep the team in place, but it is the amount that is the problem for me. Whether or not the Occupy movement is in your town, the issue is real (1% owning a mass majority of the wealth and power in the world) and it is a global issue and Apple has a responsibility to be aware of it.

360 Million is WAY too much money for 6 people, and a third of that would have most likely kept those people there, and they could have timed the bonuses so they happened or were announced when the whole Occupy movement settled down rather than right in the face of it. And be serious, I am sure those people have no intention of walking away any time soon, they have it too good even before these outrageous bonus amounts, and if they were going to leave, Apple would have plenty of time to buy them back to stay.

As for Steve doing this, he often tied bonus compensation to stock price (as he did for his own salary except for the $1) but he was not about giving out $60 million awards to one person, much less six of them.

Personally, I think the timing and amount stink, and it makes Apple just another company for me.

]]> By: Tim Robertson http://www.mymac.com/2011/11/think-different-or-not/comment-page-1/#comment-32127 Tim Robertson Thu, 10 Nov 2011 01:19:50 +0000 http://www.mymac.com/?p=13239#comment-32127 Actually, these things happened all the time under Jobs' rule. And this was a very intelligent business decision on Apple's part to keep the winning team playing for your team in the long run. While the Occupy movement has valid points (if no real agenda or leadership) Apple would be foolish to let this very tiny American protest have ANY impact on their business. Occupy may be big news where you live, but it's nothing in 99% of the rest of the country, and even less worldwide. Apple Inc. is a worldwide player, and this type of reward system is not only justified, but proper given what these people have done for Apple, and what Apple expect they will continue to do. Actually, these things happened all the time under Jobs’ rule. And this was a very intelligent business decision on Apple’s part to keep the winning team playing for your team in the long run. While the Occupy movement has valid points (if no real agenda or leadership) Apple would be foolish to let this very tiny American protest have ANY impact on their business. Occupy may be big news where you live, but it’s nothing in 99% of the rest of the country, and even less worldwide. Apple Inc. is a worldwide player, and this type of reward system is not only justified, but proper given what these people have done for Apple, and what Apple expect they will continue to do.

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