Saturday, February 22, 2020

The Median of 44 of the Largest San Francisco/Silicon Valley Area, California Technology Companies' Top-Tier Executives Average Annual Pay and Employee Benefits Increase Was a Blistering 30.9% Per Year During the Mostly Past 5-10 Year Periods. Fourteen of These Companies Posted Increases of More Than 100% Per Year.

Here's a summary of 44 of the largest San Francisco/Silicon Valley Area, California Technology Companies' Top-Tier Executives Average Annual Pay and Employee Benefits Increase per year.  I included below nearly all Technology Companies with stock market caps above $20 bil currently as well as a handful of Technology Companies with stock market caps hitting above $10 bil at some point during the past year. 
  1. DocuSign  +1,620.4% per year in the past year
  2. Zscaler +1257.6% per year in the past year
  3. Twitter  +975.9% per year for the past five years
  4. Veeva Systems +537.5% per year for the past six years
  5. Okta Inc +349.1% per year for the past two years
  6. Apple +314.5% per year for the past ten years
  7. Alphabet +240.2% per year for the past ten years
  8. Roku Inc +180.4% per year for the past two years
  9. Palo Alto Networks +158.5% per year for the past eight years
  10. Workday +136.9% per year for the past seven years
  11. Coupa Software +127.8% per year for the past three years
  12. Arista Networks +122.7% per year for the past five years
  13. Broadcom +119.3% per year for the past ten years
  14. Square +116.5% per year for the past four years
  15. Zendesk +92.7% per year for the past five years 
  16. salesforce.com +92.3% per year for the past five years
  17. Splunk +86.2% per year for the past five years
  18. Twilio +66.7% per year for the past three years
  19. Marvell Technology Group +57.2% per year for eight years
  20. RingCentral +40.0% per year for the past five years
  21. Dropbox +33.2% per year for the past two years
  22. KLA Corp +31.6% per year for the past five years
  23. Netflix +30.2% per year for the past ten years
  24. Visa +30.0% per year for the past five years
  25. PayPal Holdings +29.3% per year for the past two years
  26. eBay +27.8% per year for the past five years
  27. Electronic Arts +27.3% per year for the past ten years
  28. VMware +27.1% per year for the past ten years
  29. Lam Research +26.7% per year for the past ten years
  30. Fortinet +25.8% per year for the past ten years
  31. Hewlett Packard Enterprise +24.6% per year for the past five years
  32. NetApp +24.2% per year for the past ten years
  33. ServiceNow +24.2% per year for the past six years
  34. Xilinx +22.8% per year for the past ten years
  35. Autodesk +22.5% per year for the past five years
  36. Cisco Systems +21.9% per year for the past ten years
  37. Intuit +19.8% per year for the past ten years
  38. Applied Materials Materials +19.1% per year for the past ten years
  39. Adobe +15.6% per year for the past ten years
  40. Facebook +14.3% per year for the past five years
  41. NVIDIA +14.0% per year for the past five years
  42. Advanced Micro Devices +13.4% per year for the nine years
  43. Oracle +12.6% per year for the past five years
  44. Intel +11.3% per year for the past ten years   
Median of all 44 large Technology Companies ..... 30.9% per year

From annual compensation information contained in Proxy Statement filings with the US SEC, the tables in the next 7 posts shows 44 of the largest San Francisco/Silicon Valley, California Area Technology Companies' Top-Tier Executives Annual Total Compensation for each of the two consecutive full years of employment for mostly five or ten-year periods.

The 44 Companies are shown generally in alphabetic order.

When 14 of these 44 largest Companies have Average Annual Pay Increases of more than 100% per year, that says that California has a massive problem with huge, continuing pay income inequality expansion.

And this has been happening for more than forty years.

So why has it not been fixed by the US Government?  Because both the Republican and Democratic US Presidential Administrations and the members of the US Congress either don't want to fix this horrific problem or the ones who want to fix it don't have the requisite skill set to get it done.  

The only 2020 Democratic Presidential candidate who doesn't want to fix it is Michael Bloomberg.  He says he wants to fix it but he is lying through his teeth.  He accumulated his $60 bil of wealth predominately on the backs of the middle and lower economic classes and was strongly against all unions and strongly for this massive, continuing expansion of pay income inequality which like all the overwhelming majority of Republicans are.

The other Top Democratic Presidential candidates (Biden and Bernie) want to fix this problem but especially at their advanced age they have absolutely no clue how to fix it.

There is only one of the Top Democratic Presidential candidates who can fix this very complicated problem ..... the contemporary data-savvy, financially-savvy Pete Buttigieg, who also has a keen understanding of how businesses operate.

These elderly people running for US President all have obsolete data and financial skills and also have an obsolete view of how businesses operate.  I know first hand that especially in your 60's, 70's and 80's, this obsolescence of skill set expands exponentially.

The end result is that if any of these elderly candidates (Biden, Bloomberg or Bernie) get elected US President, I am certain that this massive, continuing pay income inequality expansion will continue unabated and probably even accelerate sharply like it has in the past three years.


On another matter, the Nevada election caucus counts seem very strange to me.

I suggest that it is mathematically impossible for Pete Buttigieg to get a 17.3% Final Vote, which is already after the voter redistribution for the 15% threshold effect, which miraculously dropped down by 17% to only 14.3% in the Nevada County Convention Delegate Vote without some unfair actions to have occurred.

It is even more mathematically impossible for Amy Klobuchar to get a 7.3% Final Vote which dropped down by an amazing 42% to only 4.3% in the Nevada County Convention Delegate Vote without some unfair actions to have occurred.

So, Joe Biden got a Not First Vote but Final Vote of 18.9% in Nevada just edging out Pete Buttigieg's Not First Vote but Final Vote of 17.3%.  But unlike Pete's 17% dramatic drop in the Nevada County Convention Delegate Vote, for some strange reason Biden's Nevada County Convention Vote increased by 7%.

End result, Biden got 9 delegates and Pete only got 3 delegates, even though Biden got a final vote  of 18.9% and barely edged Pete's final vote of 17.3%.  

What you have here is massive vote count corruption in the Nevada Democratic establishment in favor of Democratic establishment candidate Joe Biden.  And the Democratic establishment is asserting that Russia is subverting the US election when it's a drop in the bucket as compared to how the US State Democratic establishments including Nevada are corrupting the vote count.

And all of the Nevada election workers have to sign Non Disclosure Agreements to work there.  I now understand why.

What you have here is massive Nevada Democratic Party corruption in Sin City.

This is why many people have so little trust in the Democratic Party establishment and now realize that the deck is stacked against any Democratic Presidential candidate other than Joe Biden and thus it only makes sense that some of them will probably react by not voting for Democratic establishment darling Joe Biden in US States all over the country on Super Tuesday.

And for someone to loudly assert many times during the South Carolina primary, where 67% of the voters are black, that he was arrested for Nelson Mandela like Joe Biden did when he actually didn't get arrested for Nelson Mandela, it reveals that Joe Biden is either an opportunistic liar or senile and either way, he has no business being US President.