Saturday, October 5, 2013
Microsoft's Steve Ballmer Bonus Cuts
CALIFORNIA - Steve Ballmer position as head of software giant , Microsoft , certainly can not be underestimated . Unfortunately , due to sales of Windows 8 is not satisfactory , Ballmer had to give up his bonus reduced .
Reported by Softpedia on Saturday ( 10/05/2013 ) , Chief Executive Officer ( CEO ) of Microsoft was reported to have received a payment of $ 1 , 25 million in fiscal year 2013. The payment includes a base salary and bonus for USD697.500 USD550 thousand .
Despite getting enough money as a CEO , but apparently reduced the bonus it receives from bonus targets should be. This is because the company's board of directors reportedly not impressed with the performance of Windows 8 and Windows RT .
As a result , Ballmer only get 79 percent of the target bonus . For comparison , Ballmer received 91 percent of the target bonus for fiscal year 2012. " The company faces business challenges due to weak consumer PC market , " said Microsoft .
" While Windows 8 is launched in October 2012 has sold over 100 million licenses , challenging PC market plus the cost of a significant product launch for Windows 8 and Surface resulted in a decrease of 18 percent in the Windows Division operating income , " said a company established by Bill Gates and Paul Allen .
In addition , Microsoft also explains the reason for the price cuts Surface RT . " Sales of Surface RT device had been slower than expected, so we decided to cut the price , " said Microsoft in a statement .
10:29 AM
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