Google executives get one dollar paychecks

[rpm]

Google executives get one dollar paychecks

Google's co-founders and the California Internet titan's chief executive Eric Schmidt each took only a dollar in pay last year, a filing on Tuesday with US regulators indicates.

 

[PC Direct]

LOL!


No ways... Getting paid behind the back....

 

[hashbrown99]

They all have plenty of shares which come with dividends. Not so sacrificing after all

 

[rpm]

As billionaires I don't think a paycheck will really make much of a difference - $ 1 is as good as $ 1 000 000 which you are talking in billions

 

[DblD]

Its a principal guys.....

 

[Gatecrasher]

Its a principal guys.....

Its the principle, actually... and in these tough economic times they should be leading by example and cutting those bloated salaries to say 80 cents apiece.

 

[JK8]

Schmidt has the third largest stake in the company; owning just shy of 9.4 million shares.

Google stock closed Tuesday trading priced slightly above $347 per share.

 

[bekdik]

Its a principal guys.....

I'm a South African.

My principal asked me to ask: What's a principle?

 

[Riot2]

its a tax avoidance thing, thats all
same reason steve jobs was always paid 1 dollar

 

[LazyLion]

can I have what they were supposed to get?

 

[Tweak]

wow that means he owns 3.3 Billion dollars.. or 25 000 000 000 rand Loool

thats enough to make everyone who has internet access in south africa, a millionair! Lol just kidding i think we have more than 25 000 internet users