Monday, February 24, 2020

The Median of 42 of the Largest San Francisco/Silicon Valley Area, California Non-Technology Companies' Top-Tier Executives Average Annual Pay and Employee Benefits Increase Was a Blistering 22.2% Per Year During the Mostly Past 5-10 Year Periods. Tesla Leads the Pack of These 42 Companies With an Increase of 153,474% Per Year During the Past Five Years.

Here's a summary of 42 of the largest San Francisco/Silicon Valley Area, California Non-Technology Companies' Top-Tier Executives Average Annual Pay and Employee Benefits Increase per year.  Click on the Company link below and you'll be able to see the individual Company post including the Top-Tier Executives Compensation Table from its Proxy Statement filed with the SEC.
  
  1. Tesla +153,474% per year for the past five years
  2. Audentes Therapeutics +196.9% per year for the past three years
  3. Global Blood Therapeutics +158.6% per year for the past three years
  4. Ultragenyx Pharmaceutical +105.4% per year for the past five years
  5. MyoKardia +100.1% per year for the past four years
  6. Natera Inc +75.5% per year for the past four years
  7. FibroGen +69.4% per year for the past five years 
  8. Nektar Therapeutics +61.6% per year for the past five years
  9. Penumbra Inc +57.8% per year for the past four years
  10. Lumentum Holdings Inc +51.6% per year for the past four years
  11. California Water Service Group +50.2% per year for the past five years
  12. Nevro Corp +38.4% per year for the past five years
  13. Jazz Pharmaceuticals +37.5% per year for the past ten years
  14. Align Technology +36.2% per year for the past five years
  15. Williams-Sonoma +35.5% per year for the past ten years
  16. The Gap Inc +28.7% per year for the past five years
  17. Digital Realty Trust +28.4% per year for the past five years
  18. Keysight Technologies +26.2% per year for the past five years
  19. Prologis +25.1% per year for the past nine years 
  20. BioMarin Pharmaceutical +23.1% per year for the past ten years
  21. Cooper Companies +22.4% per year for the past ten years
  22. Varian Medical Systems +21.9% per year for the past ten years
  23. Exelixis Inc +21.6% per year for the past five years
  24. SVB Financial Group +21.2% per year for the past ten years
  25. Ross Stores +20.8% per year for the past ten years
  26. Sanmina Corp +20.6% per year for the past five years
  27. Essex Property Trust +19.5% per year for the past five years
  28. Wells Fargo +19.3% per year for the past ten years
  29. SYNNEX Corp +19.3% per year for the past five years
  30. Levi Strauss & Co +18.9% per year for the past ten years
  31. Equinix +18.6% per year for the past ten years
  32. Bio-Rad Laboratories +17.8% per year for the past five years
  33. First Republic Bank +17.8% per year for the past five years
  34. Intuitive Surgical +16.0% per year for the past five years
  35. Joint PG&E Corp and Its Utility Co +15.5% per year for the past five years
  36. Chevron +13.5% per year for the past ten years
  37. Franklin Resources +12.6% per year for the past ten years
  38. Agilent Technologies +12.0% per year for the past five years
  39. Gilead Sciences +11.3% per year for the past five years
  40. Clorox +11.2% per year for the past five years
  41. Trimble Inc +10.4% per year for the past ten years
  42. Charles Schwab Corp +8.5% per year for the past nine years
Median Increase of all 42 Non-Technology Companies ..... 22.2% Per Year

When you review the above chart, it's pretty clear 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 (Bernie and Biden) 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 (Biden and Bernie) 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 gets 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% 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.

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.