Microsoft's Steve Ballmer takes pay cut

Ballmer and co at Microsoft get paycuts.

Steve Ballmer

Steve Ballmer and a number of other Microsoft executives are taking pay cuts as sales at the firm suffers in the recession and in the face of legal suits, according to publicly released financial reports.

The tough financial year and a couple of high profile spats about uncompetitiveness have taken their toll on the firm and Ballmer and his colleagues are doing their best to redress the situation.

Sales fell this year, by nine per cent to 12.8 billion for the first time in Microsoft's history, and as belts everywhere are being tightened, Ballmer has seen his salary fall from $1,350,834 (847,289) to $1,276,627 (800,744) in the last year.

Ballmer still took home a lovely $600,000 bonus.

Advertisement - Article continues below
Advertisement - Article continues below

The executive purse also snapped shut in the face of its strings holder - financial chief Christopher Liddell, whose suffered a 28 per cent cut, while Robbie Bach, head of the Xbox and Zune division, had his salary snipped by some $2 million. Bach now only has a $6.2 million pay packet these days.

Salaries are frozen until 2010 but the firm is presumably hoping that the release of Windows 7 will send some money flooding back into its coffers.

Featured Resources

Digital Risk Report 2020

A global view into the impact of digital transformation on risk and security management

Download now

6 ways your business could suffer if you don’t backup Office 365

Office 365 makes it easy to lose valuable data regularly, unpredictably, unintentionally, and for good

Download now

Get the best out of your workforce

7 steps to unleashing their true potential with robotic process automation

Download now

8 digital best practices for IT professionals

Don't leave anything to chance when going digital

Download now

Most Popular


How to use Chromecast without Wi-Fi

5 Feb 2020
operating systems

How to fix a stuck Windows 10 update

12 Feb 2020
data protection

Google to shift UK user data to the US post-Brexit

20 Feb 2020

The top ten password-cracking techniques used by hackers

10 Feb 2020