Steve Ballmer loses much of his annual incentive

Each year, before the annual meeting with their shareholders, North American companies have to send to the United States regulatory authorities a document detailing the payments and possible conflicts of interest that could affect their directors. Microsoft filed said document with the SEC yesterday and, among other things, it details salaries and bonuses to executives, as well as its evaluation and the reasons given for the board of directors to grant or not the latter.

According to the publicly accessible document, Steve Ballmer will not receive his full bonus this yearThe still CEO of Microsoft will have to settle for 79% of his annual incentive plan. Thus, the $1.26 million that Ballmer earned during fiscal year 2013 breaks down into a base salary of $697,500 and a bonus of $550,000.

The document itself explains the reasons for the drop in incentives for Ballmer and Windows and Surface RT bear a large part of the blameThe text highlights the 18% drop in revenue from the Windows division, in addition to the 900 million dollars it has cost Microsoft to face the reduction in the price of Surface RT to accelerate sales of the tablet.

Already last year,in fiscal year 2012, Ballmer did not achieve the full bonusand received 91% of the package of incentives from him. Although then the blame also fell on a slight 3% decline in revenue from the Windows division, the main reason was mainly the slower-than-expected progress of the company's online services and the recurring problem of the browser-ballot and the new fine to Microsoft from the European Union.

In the document it is also possible to see how other Microsoft senior managers will receive 100% of their incentive package this year Between they are Kevin Turner and Amy Hood, Chief Operating Officer (COO) and Chief Financial Officer (CFO) respectively; or Office President Kurt DelBene. Things have gone even better for Satya Nadella, manager of the Services and Tools division and main manager of Windows Azure, who has received a 105% reward for the good work of his division during the year.

Via | ZDNet