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Top 10 Best Paid Executives Under 40

Jacob — Mon, 02 Nov 2009 05:20:14 +0000

Fortune 500 released their list of the 20 highest paid executives under 40. The total compensation included in the list is composed of actual salary received, new stock and options awards, plus other compensation. This makes you want to pull out hair, doesn’t it? Here is the top ten of the list.

Matt Maddox, 34
CFO Treasurer
Wynn Resorts
2008 Total compensation: $17.66 million

James Murdoch, 36
Chairman and CEO, Europe and Asia
News Corp.
2008 Total compensation: $10.15 million

George L. “Mike” Mikan III, 37
CFO & EVP
UnitedHealth Group
2008 Total compensation: $6.73 million

W. Robert Berkeley, Jr., 36
EVP & Vice Hairman, Berkeley International
W.R. Berkeley
2008 Total compensation: $6.63 million

Jonathan Z. Cohen, 38
Vice chairman, Atlas Energy Resources, Atlas Energy Management
Atlast Energy
2008 Total compensation: $4.29 million

Wayne S. Deveydt, 39
CFO & EVP
WellPoint
2008 Total compensation: $4.13 million

Christa Davies, 38
CFO & EVP, Global Finance
Aon
2008 Total compensation: $3.84 million

Keith A. Mesiter, 36
Principal Executive Officer & Vice Chairman
Icahn Enterprises
2008 Total compensation: $3.00 million

Javier Rodriguez, 39
DaVita
2008 Total compensation: $2.64 million

Paul S. Amos II, 34
President, AFLAC; COO, AFLAC U.S. Operations AFLAC
2008 Total compensation: $2.41 million

Source: CNN Money

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Jobs that don’t pay enough

Jacob — Thu, 29 Oct 2009 22:38:24 +0000

CNNMoney reports a list surveyed by PayScale.com of the 15 jobs that offer the most stressful working environment for an insubstantial paycheck. Here are three jobs out of the list.

Social worker. A social worker gets about an average of $43,200 a year while trying to provide counseling, education, and advise to patients. As there are only a number of social workers for such a highly demanding job, most of these people have to handle more than enough of their share of workload.

Parole/Probation Officer. A parole officer helps parolees and those on probation try to live a more normal life outside the prison cells, especially by arranging employment for them. However, not all parolees and probationers are not satisfied with this. More often than not, parole officers would also need to track those who try to skip town and get them back in jail – and all for a meager $38,400.

News Reporter. You would think that news reporters lead glamorous lives. But for an average of $32,900, you would have to try research, gather data, get a hold of elusive people for interviews, and write all of this without going beyond the given deadline.

For more, check this link listing the stressful jobs.

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Fresh grad starting pay drops

Jacob — Wed, 09 Sep 2009 21:00:00 +0000

Still the continuing saga of the fresh graduate. The recession has definitely changed the game with many questioning the real value of college education. A number of college students rely on student loans in order to make it through and that means being debt-ridden even before earning a degree.

With the dismal situation of the job market, many fresh graduates are struggling to find jobs and if they ever do, the pay’s less than what graduates make last year. The average starting pay for bachelor’s degree holders is $48,633 – a drop of 1.2% last year and 7.6% lower than 2007 graduates.

Engineering and computer degrees remain to be the money-making degrees while bachelor of arts degree holders suffered from another pay drop.

The lower starting pays means that for those who have incurred much debt from student loans, it will take them a longer time to pay them off. It’s a sticky situation fresh graduates are in – in limbo between real world responsibilities and the ghosts of student loans.

Source: WSJ

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