Compensation
While CEO of American Electric Power in 2009, Michael G. Morris earned a total compensation of $7,092,788, which included a base salary of $1,254,808, stocks granted worth $5,265,750, as well as $572,230 in other compensation.
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Famous quotes containing the word compensation:
“In compensation for considerable disgust, despondency, and boredom—such as living in solitude without friends, books, duties, or passions necessarily entails—we are given those quarter-hours of deepest communion with ourselves and nature. Those who completely barricade themselves from boredom, barricade themselves from themselves as well: they will never get to drink the most refreshingly potent draught from the their own innermost fountain.”
—Friedrich Nietzsche (1844–1900)
“I do not want to be covetous, but I think I speak the minds of many a wife and mother when I say I would willingly work as hard as possible all day and all night, if I might be sure of a small profit, but have worked hard for twenty-five years and have never known what it was to receive a financial compensation and to have what was really my own.”
—Emma Watrous, U.S. inventor. As quoted in Feminine Ingenuity, ch. 8, by Anne L. MacDonald (1992)
“I have everything in the world that is necessary to happiness, good faith, good friends and all the work I can possibly do. I think God’s greatest blessing to the human race was when He sent man forth into the world to earn his bread by the sweat of his face. I believe in toil, in the dignity of labor, but I also believe in adequate compensation for that toil.”
—Anna Howard Shaw (1847–1919)