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One-dollar salary

January 07, 2023

"Dollar-a-year man" redirects here. For the 1921 film, see The Dollar-a-Year Man.

A number of top executives in large businesses and governments have worked for a one-dollar salary.[1][2][3] One-dollar salaries are used in situations where an executive wishes to work without direct compensation, but for legal reasons must receive a payment above zero, so as to distinguish them from a volunteer. The concept first emerged in the early 1900s, where various leaders of industry in the United States offered their services to the government during times of war. Later, in the late 1990s and early 2000s, many business executives began accepting one-dollar salaries—often in the case of struggling companies or startups—with the potential for further indirect earnings as the result of their ownership of stock.

Notable earners of one dollar salaries
Herbert Hoover
Arnold Schwarzenegger
Steve Jobs

Dollar-a-year men

In the early-to-mid-20th century, "dollar-a-year men" were business and government executives who helped the government mobilize and manage American industry during periods of war, notably World War I, World War II, and the Korean War. U.S. law forbids the government from accepting the services of unpaid volunteers.[4] Those employed by the government had to be paid a nominal salary, and the salary establishes their legal relationship as employees of the government.[5] During World War I, about 1,000 such people were employed by the United States.[6] While they received only a dollar in salary from the government, most executives had their salaries paid by the companies.

The first known such employee was Gifford Pinchot, working for Theodore Roosevelt. After Pinchot, the United States Department of Agriculture employed several dollar-a-year men.[7] On June 19, 1933, Frances Perkins, Secretary of Labor appointed a five-member Labor Advisory Board, of whom two members came from the Amalgamated Clothing Workers union, of whom one, Sidney Hillman, was a dollar-a-year man.[8] Progressive lawyer Max Lowenthal was a dollar-a-year man as legal counsel on various congressional committees, befriended U.S. Senator Harry S. Truman, and wound up as a dollar-a-year man in President Truman's cabinet.[citation needed]

World War I

Bernard Baruch was the first businessman employed for a one-dollar salary.[9] World War I, the Advisory Commission to the Council of National Defense was staffed largely by dollar-a-year men, including Bernard Baruch, Robert S. Brookings, and Herbert Bayard Swope.[10]

Interwar

Massachusetts Governor Alvan T. Fuller, wealthy in his own right, served in several government positions on such terms.[citation needed]

New Deal and World War II

Kentucky's Ashland Oil and Refining Company founder and CEO, Paul G. Blazer (1890–1966), served twice as a government salaried dollar-a-year man: from 1933 to 1935 under President Franklin D. Roosevelt's National Recovery Administration on the Code of Fair Competition for the Petroleum Industry[11] as Chairman of the Blazer Committee[12] and a second time during World War II as Chairman of District II Refining for President Roosevelt's Petroleum Administration of War.[13][14] During World War II, socialite Doris Duke worked in a canteen for U.S. sailors in Egypt at such a salary.[15]

In Canada during World War II, C. D. Howe, Canada's "Minister of Everything", created a rearmament program using "dollar-a-year men".[16] An example was John Wilson McConnell, the owner and publisher of the Montreal Star, who was appointed Director of Licences for the Wartime Trade Board, a position for which he served for free.[17] Others include E. P. Taylor and Austin Cotterell Taylor.[18]

Recent examples

Some recent one-dollar salary earners worked in government as well, most notably former California governor Arnold Schwarzenegger,[19] former Massachusetts governor Mitt Romney,[20] and former New York City mayor Michael Bloomberg.

After promising to take only a dollar a year in November 2016, former U.S. President Donald Trump donated the first three months of his salary to the National Park Service and stated plans to donate all of his salary during the term.[21][22][23][24][25] Since then, President Trump donated his salary to various Federal Departments, fulfilling his campaign promise to do so.[26] He did not donate his salary in 2020.

In 2015, then 15-year-old Corbin Duncan petitioned the Australian Prime Minister to take up a $1 salary.[27] The petition was unsuccessful but gained international media coverage.[28]

Instances of alternative compensation

While many executives who take a one-dollar salary also choose not to take any other forms of compensation, a number earn millions more in bonuses and/or other forms of compensation. For example, in 2010–11 Oracle's founder and CEO Larry Ellison made only $1 in salary, but earned over $77 million in other forms of compensation.[29]

In some cases, in lieu of a salary, the executives receive stock options.[30][31] In the United States, this approach impacts personal tax liability, because although stock and option grants are taxed at federal income rates, they may be exempt from some portion of payroll taxes (typically 7.65%) used to fund Social Security and Medicare.[32]

Executives argue that remuneration through stock instead of salary ties management performance to their financial benefits.[30] The assumption is that stock prices will reflect the actual value of a company, which reflect the management performance of the company. Detractors argue that this incentive may drive short-term planning over long-term planning.[33]

Notable one-dollar salary earners

The following people have been employed for annual salaries of one dollar:

See also

References

  1. ^ Isaac, Mike (February 10, 2012). "A Dollar for Your Thoughts: Silicon Valley's Famed Single-Digit Salaries". Wired. from the original on February 16, 2013. Retrieved January 4, 2013.
  2. ^ "10 High-Powered Executives with $1 Salaries". 14clicks.com. from the original on January 6, 2013. Retrieved January 3, 2013.
  3. ^ "Vanderlip Leaves Biggest Bank and Will Aid McAdoo". The Owosso Argus-Press. September 25, 1917. Retrieved January 3, 2013.
  4. ^ "31 U.S. Code § 1342 – Limitation on voluntary services". Legal Information Institute. from the original on March 12, 2014. Retrieved March 19, 2014.
  5. ^ "How World War I Transformed Washington". POLITICO Magazine. from the original on March 20, 2018. Retrieved March 19, 2018.
  6. ^ "One Dollar a Year Men May Lose Two Months' Pay Because of Tax". Sacramento Union — California Digital Newspaper Collection. March 14, 1919. from the original on March 20, 2018. Retrieved March 19, 2018.
  7. ^ The Independent. Independent Publications, incorporated. 1918. from the original on April 22, 2018.
  8. ^ Josephson, Matthew (1952). Sidney Hillman: Statesman of American Labor. Doubleday. p. 364. Retrieved March 18, 2018.
  9. ^ "The Century-Long History of Tapping Wall Street to Run the Government". Smithsonian. Retrieved March 20, 2018.
  10. ^ Anne Cipriano Venzon, ed., The United States in the First World War: An Encyclopedia (Routledge, 1999), 203–4 available online February 2, 2017, at the Wayback Machine. Retrieved January 2, 2013
  11. ^ "National Recovery Administration: Code of Fair Competition for the Petroleum Industry". from the original on August 8, 2014.
  12. ^ National Archives Identifier: 7261744 HMS Entry Number: NC-79 28 Records Relating to the Blazer Committee Hearing, 1933 – 1936. Record Group 232: Records of the Petroleum Administrative Board, 1924 - 1936. from the original on April 2, 2015.
  13. ^ (PDF). Archived from the original (PDF) on December 1, 2008.
  14. ^ The New York Times: "Fuller Explains Refusal of Salary, September 20, 1926 November 3, 2012, at the Wayback Machine. Retrieved July 24, 2010
  15. ^ Pace, Eric (October 28, 1993). "Doris Duke, 80, Heiress Whose Great Wealth Couldn't Buy Happiness, Is Dead". The New York Times. from the original on August 26, 2012. Retrieved January 2, 2013.
  16. ^ Art Bailey. . Canada's Digital Collections. Archived from the original on August 31, 2009.
  17. ^ Mel James. . Canada's Digital Collections. Archived from the original on November 27, 2009.
  18. ^ "The History of Metropolitan Vancouver - 1965 Chronology". vancouverhistory.ca. from the original on January 3, 2017.
  19. ^ Mike Tuttle (February 3, 2012). "Zuckerberg's One-Dollar Salary: Why Do CEOs Do That?". WebProNews. from the original on April 3, 2013. Retrieved January 4, 2013.
  20. ^ Ferguson, Kevin (January 6, 2012). "How does a dollar a year salary work?". The Madeleine Brand Show. 89.3 KPCC. from the original on February 2, 2014. Retrieved January 4, 2013.
  21. ^ Chandler, Adam (November 16, 2016). "The Dollar-a-Year Man". The Atlantic. from the original on March 19, 2018. Retrieved March 18, 2018.
  22. ^ Fredericks, Bob (April 4, 2017). "Trump donating salary to National Park Service". New York Post. from the original on September 26, 2017.
  23. ^ "How common is Trump's $1 salary?". BBC. November 14, 2016. from the original on November 15, 2016.
  24. ^ Nguyen, Tina (March 13, 2017). "Is Donald Trump Actually Donating His Presidential Salary?". Vanity Fair. from the original on June 26, 2017.
  25. ^ "Trump-O-Meter: Take no salary". PolitiFact. Retrieved September 16, 2018.
  26. ^ "Trump-O-Meter: | PolitiFact". www.politifact.com.
  27. ^ "Brisbane teenager calls on Malcolm Turnbull to take $1 salary". ABC News. September 26, 2015. from the original on September 10, 2016. Retrieved February 19, 2018.
  28. ^ Duncan, Corbin (October 2, 2015). "Why I want the Prime Minister to give up his $500,000 salary". The Sydney Morning Herald. from the original on February 19, 2018. Retrieved February 19, 2018.
  29. ^ Brush, Michael (January 17, 2012). . MSN Money. MSN. Archived from the original on June 6, 2013. Retrieved January 2, 2013.
  30. ^ a b c d e f Herbst, Moira (September 14, 2007). "The Elite Circle of $1 CEOs". Bloomberg L.P. from the original on September 24, 2015. Retrieved August 22, 2015.
  31. ^ Mayerowitz, Scott (December 3, 2008). "The Other Side of the $1 Salary". ABC News. from the original on September 7, 2009. Retrieved July 25, 2009.
  32. ^ Margolis, Steven M. . Weil, Gotshal & Manges LLP. Archived from the original on November 9, 2013.
  33. ^ Robert Reich (January 9, 2001). The Future of Success. p. 74. ISBN 0375411127.
  34. ^ "How common is Trump's $1 salary?". BBC News. November 14, 2016. Retrieved June 28, 2018.
  35. ^ . About.telus.com. December 31, 1999. Archived from the original on February 4, 2013. Retrieved January 2, 2013.
  36. ^ a b c d e f Gillet, Rachel (August 14, 2015). "13 top executives who make a $1 salary or less". Business Insider Inc. from the original on August 16, 2015. Retrieved August 15, 2015.
  37. ^ Megan Durisin (August 10, 2013). "Musk Gets $4.3 Million of Stock Options for Model X Work". Bloomberg. from the original on January 16, 2014.
  38. ^ a b c "Google SEC Filing 2006". Sec.gov. from the original on December 7, 2012. Retrieved January 3, 2013.
  39. ^ a b Wells, Nick (March 1, 2017). "The real story behind Snap CEO Evan Spiegel's $1-a-year salary". CNBC. from the original on August 18, 2017. Retrieved August 17, 2017.
  40. ^ Fox, Emily Jane. "15 top executives with $1 salaries". CNNMoney. from the original on February 20, 2017. Retrieved February 20, 2017.
  41. ^ Compensation for Henry Samueli, BROADCOM, Chairman of the Board of Directors (effective May 21, 2003)[permanent dead link]
  42. ^ a b "How common is Trump's $1 salary?". BBC News. November 14, 2016. from the original on November 15, 2016. Retrieved November 14, 2016.
  43. ^ . The Economic Times. Archived from the original on February 20, 2017. Retrieved February 20, 2017.
  44. ^ "10-Q Watch: Yahoo's Acquisitions; Yang Salary". paidContent.org. August 9, 2007. from the original on February 10, 2009. Retrieved January 3, 2013.
  45. ^ Chen, David W. (October 4, 2006). "The Goldman Sachs Crew That's Helping Run Trenton Government". p. 2. from the original on June 8, 2011. Retrieved August 26, 2008.
  46. ^ "The Dollar-a-Year Man". Forbes. May 8, 2002. from the original on March 19, 2018. Retrieved March 18, 2018.
  47. ^ Grubb, Jeffrey (April 5, 2013). "Zynga CEO volunteers to reduce his salary to $1". VentureBeat. from the original on April 9, 2013. Retrieved April 15, 2013.
  48. ^ "Facebook founder Mark Zuckerberg's base salary falls to $1". The Guardian. April 2, 2014. from the original on April 2, 2014. Retrieved April 2, 2014.
  49. ^ HP CEO Meg Whitman's salary: $1 October 1, 2011, at the Wayback Machine at CNN Money
  50. ^ N. R. Narayana Murthy
  51. ^ Southern California Public Radio (January 6, 2012). "How does a dollar a year salary work?". KPCC. from the original on February 2, 2014.
  52. ^ "The 3.55 Billion Dollar Man". USA Today. from the original on June 28, 2015.
  53. ^ Marvell Tech's CEO, Acting COO Take Salary Cut, Each To Be Paid $1, January 16, 2008.
  54. ^ "Apple's 2012 Proxy" (PDF). (PDF) from the original on September 7, 2012. Retrieved January 3, 2013.
  55. ^ . Investor.apple.com. January 7, 2009. Archived from the original on April 13, 2014. Retrieved January 3, 2013.
  56. ^ . Investor.apple.com. April 16, 2007. Archived from the original on April 13, 2014. Retrieved January 3, 2013.
  57. ^ Dash, Eric (September 24, 2010). "Citigroup's Pandit Takes $1 in Compensation for 2010". The New York Times. ISSN 0362-4331. from the original on February 2, 2017. Retrieved January 29, 2017.
  58. ^ Baime, Albert (2014). The Arsenal of Democracy. New York, New York: Houghton Mifflin Harcourt. pp. 72–73. ISBN 978-0-547-71928-3.

Further reading

  • Kimes, Mina (June 1, 2011). "A $1 CEO isn't a bargain". Retrieved March 20, 2015.
  • Hamm, Jung, and Wang (2015). Making Sense of One Dollar CEO Salaries. Contemporary Accounting Research, 32 (3): 941–972, Fall 2015.
  • Reagan, Michael D. (1959) "Serving two masters : problems in the employment of dollar-a-year and without compensation personnel" PhD Dissertation, Princeton University
  • Cuff, Robert D. (1967). "A "Dollar-a-Year Man" in Government: George N. Peek and the War Industries Board". The Business History Review. 41 (4): 404–420. doi:10.2307/3112648. JSTOR 3112648.
  • Stewart, Jeremy (2013) "Captains of Industry Crewing the Ship of State: Dollar-a-Year Men and Industrial Mobilization in WWII Canada, 1939-1942" Thesis, University of Calgary

January 07, 2023
dollar, salary, dollar, year, redirects, here, 1921, film, dollar, year, number, executives, large, businesses, governments, have, worked, dollar, salary, dollar, salaries, used, situations, where, executive, wishes, work, without, direct, compensation, legal,. Dollar a year man redirects here For the 1921 film see The Dollar a Year Man A number of top executives in large businesses and governments have worked for a one dollar salary 1 2 3 One dollar salaries are used in situations where an executive wishes to work without direct compensation but for legal reasons must receive a payment above zero so as to distinguish them from a volunteer The concept first emerged in the early 1900s where various leaders of industry in the United States offered their services to the government during times of war Later in the late 1990s and early 2000s many business executives began accepting one dollar salaries often in the case of struggling companies or startups with the potential for further indirect earnings as the result of their ownership of stock Notable earners of one dollar salariesHerbert HooverArnold SchwarzeneggerSteve Jobs Contents 1 Dollar a year men 1 1 World War I 1 2 Interwar 1 3 New Deal and World War II 2 Recent examples 3 Instances of alternative compensation 4 Notable one dollar salary earners 5 See also 6 References 7 Further readingDollar a year men EditIn the early to mid 20th century dollar a year men were business and government executives who helped the government mobilize and manage American industry during periods of war notably World War I World War II and the Korean War U S law forbids the government from accepting the services of unpaid volunteers 4 Those employed by the government had to be paid a nominal salary and the salary establishes their legal relationship as employees of the government 5 During World War I about 1 000 such people were employed by the United States 6 While they received only a dollar in salary from the government most executives had their salaries paid by the companies The first known such employee was Gifford Pinchot working for Theodore Roosevelt After Pinchot the United States Department of Agriculture employed several dollar a year men 7 On June 19 1933 Frances Perkins Secretary of Labor appointed a five member Labor Advisory Board of whom two members came from the Amalgamated Clothing Workers union of whom one Sidney Hillman was a dollar a year man 8 Progressive lawyer Max Lowenthal was a dollar a year man as legal counsel on various congressional committees befriended U S Senator Harry S Truman and wound up as a dollar a year man in President Truman s cabinet citation needed World War I Edit Bernard Baruch was the first businessman employed for a one dollar salary 9 World War I the Advisory Commission to the Council of National Defense was staffed largely by dollar a year men including Bernard Baruch Robert S Brookings and Herbert Bayard Swope 10 Interwar Edit Massachusetts Governor Alvan T Fuller wealthy in his own right served in several government positions on such terms citation needed New Deal and World War II Edit Kentucky s Ashland Oil and Refining Company founder and CEO Paul G Blazer 1890 1966 served twice as a government salaried dollar a year man from 1933 to 1935 under President Franklin D Roosevelt s National Recovery Administration on the Code of Fair Competition for the Petroleum Industry 11 as Chairman of the Blazer Committee 12 and a second time during World War II as Chairman of District II Refining for President Roosevelt s Petroleum Administration of War 13 14 During World War II socialite Doris Duke worked in a canteen for U S sailors in Egypt at such a salary 15 In Canada during World War II C D Howe Canada s Minister of Everything created a rearmament program using dollar a year men 16 An example was John Wilson McConnell the owner and publisher of the Montreal Star who was appointed Director of Licences for the Wartime Trade Board a position for which he served for free 17 Others include E P Taylor and Austin Cotterell Taylor 18 Recent examples EditSome recent one dollar salary earners worked in government as well most notably former California governor Arnold Schwarzenegger 19 former Massachusetts governor Mitt Romney 20 and former New York City mayor Michael Bloomberg After promising to take only a dollar a year in November 2016 former U S President Donald Trump donated the first three months of his salary to the National Park Service and stated plans to donate all of his salary during the term 21 22 23 24 25 Since then President Trump donated his salary to various Federal Departments fulfilling his campaign promise to do so 26 He did not donate his salary in 2020 In 2015 then 15 year old Corbin Duncan petitioned the Australian Prime Minister to take up a 1 salary 27 The petition was unsuccessful but gained international media coverage 28 Instances of alternative compensation EditWhile many executives who take a one dollar salary also choose not to take any other forms of compensation a number earn millions more in bonuses and or other forms of compensation For example in 2010 11 Oracle s founder and CEO Larry Ellison made only 1 in salary but earned over 77 million in other forms of compensation 29 In some cases in lieu of a salary the executives receive stock options 30 31 In the United States this approach impacts personal tax liability because although stock and option grants are taxed at federal income rates they may be exempt from some portion of payroll taxes typically 7 65 used to fund Social Security and Medicare 32 Executives argue that remuneration through stock instead of salary ties management performance to their financial benefits 30 The assumption is that stock prices will reflect the actual value of a company which reflect the management performance of the company Detractors argue that this incentive may drive short term planning over long term planning 33 Notable one dollar salary earners EditThe following people have been employed for annual salaries of one dollar Arnold Schwarzenegger former Governor of California 34 Darren Entwistle TELUS 35 David Filo Yahoo 36 David Lloyd George former Prime Minister of the United Kingdom Donald Trump former President of the United States Edward Lampert Sears Holdings 36 Elon Musk Tesla Motors SpaceX 37 Eric Schmidt Google 38 Evan Spiegel Snap 39 F Thomson Leighton Akamai 40 Henry Samueli Broadcom Corporation 41 Herbert Hoover former President of the United States 42 Jack Dorsey Twitter 36 Jan Koum WhatsApp 43 Jeremy Stoppelman Yelp 36 Jerry Yang Yahoo 44 John F Kennedy former President of the United States 42 John Mackey Whole Foods Market 39 Jon Corzine former Governor of New Jersey 45 Larry Ellison Oracle Corporation 36 Larry Page Alphabet Inc 38 Lee Iacocca Chrysler Corporation 30 46 Mark Pincus Zynga 47 Mark Zuckerberg Facebook 48 Meg Whitman Hewlett Packard 49 N R Narayana Murthy Infosys 50 Richard Fairbank Capital One Financial 30 Richard Hayne Urban Outfitters 36 Richard Riordan Mayor of Los Angeles 51 Robert Duggan Pharmacyclics 52 Sehat Sutardja Marvell Technology Group 53 Sergey Brin Alphabet Inc 38 Steve Jobs Apple 54 55 56 Terry Semel Yahoo 30 Vikram Pandit Citigroup 57 William Clay Ford Jr Ford Motor Company 30 William Knudsen Chairman of the Office of Production Management 58 See also EditPeppercorn legal References Edit Isaac Mike February 10 2012 A Dollar for Your Thoughts Silicon Valley s Famed Single Digit Salaries Wired Archived from the original on February 16 2013 Retrieved January 4 2013 10 High Powered Executives with 1 Salaries 14clicks com Archived from the original on January 6 2013 Retrieved January 3 2013 Vanderlip Leaves Biggest Bank and Will Aid McAdoo The Owosso Argus Press September 25 1917 Retrieved January 3 2013 31 U S Code 1342 Limitation on voluntary services Legal Information Institute Archived from the original on March 12 2014 Retrieved March 19 2014 How World War I Transformed Washington POLITICO Magazine Archived from the original on March 20 2018 Retrieved March 19 2018 One Dollar a Year Men May Lose Two Months Pay Because of Tax Sacramento Union California Digital Newspaper Collection March 14 1919 Archived from the original on March 20 2018 Retrieved March 19 2018 The Independent Independent Publications incorporated 1918 Archived from the original on April 22 2018 Josephson Matthew 1952 Sidney Hillman Statesman of American Labor Doubleday p 364 Retrieved March 18 2018 The Century Long History of Tapping Wall Street to Run the Government Smithsonian Retrieved March 20 2018 Anne Cipriano Venzon ed The United States in the First World War An Encyclopedia Routledge 1999 203 4 available online Archived February 2 2017 at the Wayback Machine Retrieved January 2 2013 National Recovery Administration Code of Fair Competition for the Petroleum Industry Archived from the original on August 8 2014 National Archives Identifier 7261744 HMS Entry Number NC 79 28 Records Relating to the Blazer Committee Hearing 1933 1936 Record Group 232 Records of the Petroleum Administrative Board 1924 1936 Archived from the original on April 2 2015 E Pluribus Unum One Out of Many An Oil Company Grows Through Acquisitions An Address at Lexington by member Paul G Blazer American Newcomen Society copyright 1956 page 6 PDF Archived from the original PDF on December 1 2008 The New York Times Fuller Explains Refusal of Salary September 20 1926 Archived November 3 2012 at the Wayback Machine Retrieved July 24 2010 Pace Eric October 28 1993 Doris Duke 80 Heiress Whose Great Wealth Couldn t Buy Happiness Is Dead The New York Times Archived from the original on August 26 2012 Retrieved January 2 2013 Art Bailey Clarence Decatur Howe Canada s Digital Collections Archived from the original on August 31 2009 Mel James John Wilson McConnell Canada s Digital Collections Archived from the original on November 27 2009 The History of Metropolitan Vancouver 1965 Chronology vancouverhistory ca Archived from the original on January 3 2017 Mike Tuttle February 3 2012 Zuckerberg s One Dollar Salary Why Do CEOs Do That WebProNews Archived from the original on April 3 2013 Retrieved January 4 2013 Ferguson Kevin January 6 2012 How does a dollar a year salary work The Madeleine Brand Show 89 3 KPCC Archived from the original on February 2 2014 Retrieved January 4 2013 Chandler Adam November 16 2016 The Dollar a Year Man The Atlantic Archived from the original on March 19 2018 Retrieved March 18 2018 Fredericks Bob April 4 2017 Trump donating salary to National Park Service New York Post Archived from the original on September 26 2017 How common is Trump s 1 salary BBC November 14 2016 Archived from the original on November 15 2016 Nguyen Tina March 13 2017 Is Donald Trump Actually Donating His Presidential Salary Vanity Fair Archived from the original on June 26 2017 Trump O Meter Take no salary PolitiFact Retrieved September 16 2018 Trump O Meter PolitiFact www politifact com Brisbane teenager calls on Malcolm Turnbull to take 1 salary ABC News September 26 2015 Archived from the original on September 10 2016 Retrieved February 19 2018 Duncan Corbin October 2 2015 Why I want the Prime Minister to give up his 500 000 salary The Sydney Morning Herald Archived from the original on February 19 2018 Retrieved February 19 2018 Brush Michael January 17 2012 The myth of the 1 CEO 1 executive compensation MSN Money MSN Archived from the original on June 6 2013 Retrieved January 2 2013 a b c d e f Herbst Moira September 14 2007 The Elite Circle of 1 CEOs Bloomberg L P Archived from the original on September 24 2015 Retrieved August 22 2015 Mayerowitz Scott December 3 2008 The Other Side of the 1 Salary ABC News Archived from the original on September 7 2009 Retrieved July 25 2009 Margolis Steven M IRS Extends Indefinitely Stock Option FICA FUTA Tax Withholding Moratorium Weil Gotshal amp Manges LLP Archived from the original on November 9 2013 Robert Reich January 9 2001 The Future of Success p 74 ISBN 0375411127 How common is Trump s 1 salary BBC News November 14 2016 Retrieved June 28 2018 TELUS Annual Report 2011 CEO letter to investors About telus com December 31 1999 Archived from the original on February 4 2013 Retrieved January 2 2013 a b c d e f Gillet Rachel August 14 2015 13 top executives who make a 1 salary or less Business Insider Inc Archived from the original on August 16 2015 Retrieved August 15 2015 Megan Durisin August 10 2013 Musk Gets 4 3 Million of Stock Options for Model X Work Bloomberg Archived from the original on January 16 2014 a b c Google SEC Filing 2006 Sec gov Archived from the original on December 7 2012 Retrieved January 3 2013 a b Wells Nick March 1 2017 The real story behind Snap CEO Evan Spiegel s 1 a year salary CNBC Archived from the original on August 18 2017 Retrieved August 17 2017 Fox Emily Jane 15 top executives with 1 salaries CNNMoney Archived from the original on February 20 2017 Retrieved February 20 2017 Compensation for Henry Samueli BROADCOM Chairman of the Board of Directors effective May 21 2003 permanent dead link a b How common is Trump s 1 salary BBC News November 14 2016 Archived from the original on November 15 2016 Retrieved November 14 2016 WhatsApp founders Jan Koum and Brian Acton own nearly 9 billion in Facebook stock The Economic Times Archived from the original on February 20 2017 Retrieved February 20 2017 10 Q Watch Yahoo s Acquisitions Yang Salary paidContent org August 9 2007 Archived from the original on February 10 2009 Retrieved January 3 2013 Chen David W October 4 2006 The Goldman Sachs Crew That s Helping Run Trenton Government p 2 Archived from the original on June 8 2011 Retrieved August 26 2008 The Dollar a Year Man Forbes May 8 2002 Archived from the original on March 19 2018 Retrieved March 18 2018 Grubb Jeffrey April 5 2013 Zynga CEO volunteers to reduce his salary to 1 VentureBeat Archived from the original on April 9 2013 Retrieved April 15 2013 Facebook founder Mark Zuckerberg s base salary falls to 1 The Guardian April 2 2014 Archived from the original on April 2 2014 Retrieved April 2 2014 HP CEO Meg Whitman s salary 1 Archived October 1 2011 at the Wayback Machine at CNN Money N R Narayana Murthy Southern California Public Radio January 6 2012 How does a dollar a year salary work KPCC Archived from the original on February 2 2014 The 3 55 Billion Dollar Man USA Today Archived from the original on June 28 2015 Marvell Tech s CEO Acting COO Take Salary Cut Each To Be Paid 1 January 16 2008 Apple s 2012 Proxy PDF Archived PDF from the original on September 7 2012 Retrieved January 3 2013 Apple s 2009 Proxy Investor apple com January 7 2009 Archived from the original on April 13 2014 Retrieved January 3 2013 Apple s 2007 Proxy Investor apple com April 16 2007 Archived from the original on April 13 2014 Retrieved January 3 2013 Dash Eric September 24 2010 Citigroup s Pandit Takes 1 in Compensation for 2010 The New York Times ISSN 0362 4331 Archived from the original on February 2 2017 Retrieved January 29 2017 Baime Albert 2014 The Arsenal of Democracy New York New York Houghton Mifflin Harcourt pp 72 73 ISBN 978 0 547 71928 3 Further reading EditKimes Mina June 1 2011 A 1 CEO isn t a bargain Retrieved March 20 2015 Hamm Jung and Wang 2015 Making Sense of One Dollar CEO Salaries Contemporary Accounting Research 32 3 941 972 Fall 2015 Reagan Michael D 1959 Serving two masters problems in the employment of dollar a year and without compensation personnel PhD Dissertation Princeton University Cuff Robert D 1967 A Dollar a Year Man in Government George N Peek and the War Industries Board The Business History Review 41 4 404 420 doi 10 2307 3112648 JSTOR 3112648 Stewart Jeremy 2013 Captains of Industry Crewing the Ship of State Dollar a Year Men and Industrial Mobilization in WWII Canada 1939 1942 Thesis University of Calgary Retrieved from https en wikipedia org w index php title One dollar salary amp oldid 1131986744, wikipedia, wiki, book, books, library,

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