When The Company Goes Downwards…

By , 2008年9月25日 11:48 上午

Sin-Yaw, your blog title is a little bit misleading. 44% pay increase? I was about to say congratulations, and then I hit the URL you quoted. Oh my…

During the past 12 months, Jonathan Schwartz’s salary increased by 44%, while our stock price decreased by over 60%.  These are really great numbers.

I am still working for Sun, so I can’t commend on our current CEO. However, this makes me recall something Sin-Yaw told us in a meeting: a talent can do good no matter where he/she is, even if the company is going downwards… (Was that a “how to become a staff engineer” meeting? I think I called for that meeting for our engineers.)

And Jonathan Schwartz just proved it.

5 Responses to “When The Company Goes Downwards…”

  1. Ché Kristo说道:

    In all fairness to Sun’s share price:
    – External market forces are largely to blame
    – Sun is in the middle of changing it’s business model to become more competetive. IBM didn’t look to pretty the last time they did this…

    – The server market is commoditising, and Sun almost missed the boat
    – The storage market is commodotising and Sun is leading the charge

  2. Ex-Sun Employee说道:

    This is interesting.

    I think most people agree that Sun did not do well financially during the past 12 months. And, because of that, Sun intentionally postponed many of the scheduled promotions and salary increases. And, when you work at Sun, even if you get a performance rating of 1, there is a certain limit to your compensation increase. As far as I know, in many areas that is a single digit number, for many years.

    So, as a Sun employee, why was Jonathan so special? Why did he get a compensation increase that was much higher than other Sun employees when the company is in difficulty?

  3. UX-admin说道:

    If the company is stubborn, how are the market forces to blame?

    Sun Microsystems, Inc. isn’t giving its customers what they want — servers that compete with the lowest no-name i86pc generic server from TYAN, ASUS, Silicon Mechanics, Supermicro, etcetera.

    I don’t care is the CPU has an “UltraSPARC” sticker on it, that DOES NOT make the system special, and I WILL NOT pay 3-5 times more than what that piece of PROCESSED SAND is worth, just because it has a Sun logo on it, period!

    And obviously, I’m not the only one who feels this way, but I am the loudest about it!

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