I think you missed my point------
After doing just a quick check on HP I learned that the previous CEO Leo Apotheker served only 11 months as CEO but walked away with (are you ready for this):
4 million dollar signing bonus
4.6 million dollar relocation assistance perk
1.6 million dollar yearly salary
7 million dollar severance pay
11 million dollars in stock.
Not bad for an 11 month job. Me thinks HP is trimming the budget at the wrong end like all big companies seem to do.
I got your point, and I do not sympathize with your outrage. Remember this is the leader of one of the world's largest tech companies whose job is to manage a behemoth of a company with a long history and a reputation of producing products people generally want. When you did your research into this CEO's pay did you also conduct a market pay study to see if this pay was below or above average for his position? Apple signed a $378 million contract for its CEO making Leo's pay seem like peanuts despite the fact that they work in the same business sector.
To put this another way if you fired Mr. Apotheker and spread his salary and bonuses among all the 27000 people laid off they would get $1044.44. That is probably not even a months pay for most of them. Better yet if you took this man's 11 month pay package and spread it out among every employee at HP each of their 337500 employees would receive $83.55. Hardly something that would make much of an impact on any of their lives, but now you have eliminated an integral part of the leadership at this tech giant. These job cuts will save HP somewhere between $3 billion and $3.5 billion per year allowing the company to invest in other areas of its business and
atleast maintain the remaining 310500 jobs that still exist within the company. BTW, Mr. Apotheker's pay is about .94% of that $3 billion figure and .8% if the company can save the $3.5 billion, and that is money saved
per year. Before you become outraged about some CEO's pay you should probably look at the bigger picture and ask "What is this man bringing to the table and how much wealth is his leadership adding to this company compared to his or her pay? You can't just put any joe schmoe into his kind of position and expect things to work out. It takes a person with a certain skill set and experience to keep a company like HP moving along. Its akin to the quarterback position on an NFL team, not just anyone can do it.
And this is why running a government is not like running a business and why Romney should lose.
You know, it really doesn't matter if you are managing a personal, business, or government budget as the mathematics work the same. 2 + 2 always equals 4 no matter whose money is being managed. If you personally spend more than you make eventually you the math will come back to haunt you in a very serious way. Same goes for a business or government if you spend more than you have coming in its only a matter of time before everything comes crashing down around you. Sometimes that period of time is shorter or longer depending on the numbers presented. Now I am rather confident that Mitt Romney gets this, but not 100% confident. I am 100% confident Barack Obama does not get this or he simply doesn't care. Based on these facts alone it is obvious Obama is the one that needs to lose or our country will lose. I don't care if the republicans put up an empty beer can for President it can't be worse leadership than we have now.
