He could go to Fidelity and cut and paste his/her salary from day one
in IBM until retirement. I was just checking mine the other day and
was amazed at the changes each year AFTER Lou came on board. For 22
years it was up nicely each year and then not so nicely. And I kept
track of variable pay and it started off GREAT and then was like a
balloon with a leak. And I understand this year was crappy and many
are being told it will get worse. And I could understand if IBM was
not doing well but it appears that is not the case. But executive
compensation MUST be maintained at record levels <G>


--- In ibmretiree@yahoogroups.com, gfretwell@... wrote:
>
> In a message dated 10/5/07 2:22:37 PM Eastern Daylight Time,
> no_reply@yahoogroups.com writes:
>
>
> > This is VERY impressive and AMAZING!! You were saving $40-50k a year
> > for the last 20 years???? WOW.. 20 years ago, back in '87 a 59 level
> > (Band 9 for you kids), was only making between $52k and $80k with the
> > avg. being around $60-65k. Sounds like you were a third line or
> > higher (Director, VP?) to be able to put away that kind of money.....
> > or you were living on $15k a year.
> >
>
> I was a level 23 with two stars (system support specialist in a
resident
> territory) and in my best year, with overtime I made about $65k (1995)
>
>
>
> **************************************
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>
>
> [Non-text portions of this message have been removed]
>