Does Mel deserve a 250,000 per year raise?

HecticArt

Administrator
Oct 19, 2008
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Toledo, Ohio
You think that was good.
I love this one.

Cops & Doughnuts - Clare City Bakery

Cops buy donut shop.
cop.jpg


You have the right to remain glazed!

Don't Glaze Me Bro!
 
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HecticArt

Administrator
Oct 19, 2008
49,709
17,419
168
Toledo, Ohio
After reading that article I think Mel deserves it.

At least he's committing himself even more to the companies future. With all of that stock going into his portfolio, it really does work out to be a performance based incentive.

But really dood, stay clear of the tanning booth. Really.
 

ctkatz

Member
Oct 11, 2008
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mel deserves a raise for seeing satellite radio merged together so that it has the possibility of surviving once these monster contracts are up. BUT he should take a cut on that raise because 1) it would be a symbolic gesture after the price increases and 2) the stock price of sirixm dropped under his watch. while nearly not as important as the financial industry ceo's getting huge bonuses and raises while financial markets burned and their businesses collapsed, seeing the head man get a raise while his company isn't doing so hot don't seem right to me.

so in the end mel deserves a raise of 250,000 and should also be docked pay for seeing shares of stock plummet. a loss of 250,000 seems about right.
 

IdRatherBeSkiing

Sherbet is NOT and NEVER WILL BE ice cream.
Oct 11, 2008
27,131
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Toronto, ON
You know you try to say well this company needs to make all the money it can to survive and then they give Mel a raise? No sir, he does NOT deserve it and if he had any class at all he'd refuse it. But he'll take it!


Bingo. I think the classy move would be to refuse it. Or at the very least he can re-invest the extra money in shares or debt.