Sunday, May 17, 2015

How much would it cost to provide us Memorial Day as a paid holiday? $5204

Considering the present compensation rate of the 37 or so Tier1 tester/reviewers working for Microsoft and paid via Lionbridge Technologies we estimate the cost for one paid leave day is $5204.
In comparison, Lionbridge CEO, Rory Cowan made last year between $1.522.275 and $2.89 million (that's including part of his stock options): taking into account his $1.5 million compensation, one paid leave day for the 37 employees represents less than one day of Cowan's income and less than 4 hours when choosing his $2.9 million income. 
For the first quarter of 2015, Lionbridge posted record earnings and bought back 254.000 shares of its common stock for $1.4 million.

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