scrabbler1
Give me a museum and I'll fill it. (Picasso) Give me a forum ...
- Joined
- Nov 20, 2009
- Messages
- 6,705
My total wage earnings in my 23-year career, from mid-1985 through the end of 2008, were just over $1.1M. My average annual wages were just over $47k. My highest wage year was in 2000, my last year working full-time. I earned just under $78k. In 2001, I reduced my weekly hours worked so my pay got cut by nearly 1/2. In 2007, I did that again, reducing my pay another 21% (of the original FT pay).
But the value of the company stock I owned from 1997-2008 went from 5% of my annual pay in 1997 to nearly 10 times my annual pay in 2008, when I retired. Some of that was due to my declining pay, but most of it was due to the exploding value of the company stock.
But the value of the company stock I owned from 1997-2008 went from 5% of my annual pay in 1997 to nearly 10 times my annual pay in 2008, when I retired. Some of that was due to my declining pay, but most of it was due to the exploding value of the company stock.