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All Posts Tagged Tag: ‘Salary’

McDonald’s: Not Paid Enough? Get Food Stamps.

McDonald’s loves to see you smile–just not their employees. When full-time employee Nancy Salgado called McResources, McDonald’s employee help line, and said she need a raise to help cover the cost of groceries and her heating bill, she was told to she could apply for food stamps and other public assistance. The mom of two has been working for McDonald’s …

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Foxconn May Increase Wages

It was recently reported that Apple Inc. has teamed up with Foxconn, the Chinese supplier of iPhone and iPad devices, to improve the labor conditions in its manufacturing facilities. Foxconn is also investing $210 million into building a new production line in Huai’an City, China. Foxconn plants, known for various questionable practices including employing underage workers, and underpaying and likewise …

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Mark Zuckerberg Opts for $1 Salary

Facebook CEO and newlywed Mark Zuckerberg will take a $1 salary in 2013, and likewise forgo cash and stock bonuses, as well the use of Facebook services, including aircraft and financial and estate planning for his personal use – all to save on taxes. Other notable tech execs who receive a $1 salary include Apple’s late Steve Jobs, Oracle’s Larry …

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Zuckerberg’s One-Dollar Salary: Why Do CEOs Do That?

With Facebook’s IPO filing this week, lots of little tidbits of information about the company came to light. Josh Wolford has reported on the fact that, as of 2013, Facebook founder Mark Zuckerberg’s salary will be set at $1 per year. Zuckerberg is certainly not the only exec to do this. In the wake of the Wall Street financial crisis, …

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Mark Zuckerberg’s Annual Salary, According To Facebook IPO Filing

On Wednesday evening Facebook filed their S-1 with the SEC, setting the table for a giant IPO worth at least $5 billion. Contained in said filings are some interesting bits of information about the company, not the least of which the salary information of Facebook’s top executives. And CEO Mark Zuckerbergs’s total compensation may surprise you. All in all, Zuckerberg …

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