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Executive Investigator
Tracking and Analyzing Executive Salaries, Bonuses, and Perks
# Friday, January 23, 2009
Yahoo's new CEO, who is guaranteed to receive at least $11 million in 2009, has taken it upon herself to save the company money by freezing salaries. Not her own salary, though.

Yahoo's employees will not receive any kind of annual raise unless they are prompted to other jobs.

Carol Bartz, on the other hand, is eligible for a $4 million bonus depending on Yahoo's financial performance on top of the $11 million she will get no matter what this year.

Doesn't seem like all Yahoo employees are getting a salary freeze (especially given that the company's last CEO was paid $1 a year - though Jerry Yang was already a billionaire from Yahoo stock  and probably only deserved 50 cents a year at most given his performance).

Friday, January 23, 2009 3:15:56 PM UTC  #    Comments [2]  |  Trackback