A community of 30,000 US Transcriptionist serving Medical Transcription Industry


Wow - Apparently MQ pays well, too! - (sm)


Posted: May 14, 2011

http://www.aflcio.org/corporatewatch/paywatch/ceou/database.cfm?tkr=MEDQ&pg=6

CEO Pay Database

Peter Masanotti
President and Chief Executive Officer
MEDQUIST INC (MEDQ)
Headquarters: MOUNT LAUREL, NJ
Business Services

2009 Compensation

  2009
   
Salary $500,000
Bonus $0
Value of Stock Awards $0
Value of Option Awards $0
Non-Equity Incentive Plan Compensation $700,000
Change in Pension Value and Deferred Compensation Earnings $0
All Other Compensation $7,258
Total $1,207,258

 



CEO-to-Worker Comparisons

 Annual Weekly Daily Hourly Per Minute
Peter Masanotti $1,207,258 $23,216 $4,643 $580 $9
Minimum Wage Worker $15,080 $290 $58 $7.25 $0.12
Median Worker $33,190 $638 $127 $15 $0.25
U.S. President   $400,000 $7,692 $1,538 $192 $3.20


How Many Years to Equal Peter Masanotti’s 2009 Compensation?

Minimum Wage Worker 80 years Completion Date 2091 A.D.
Median Worker 36 years Completion Date 2047 A.D.
U.S. President 3 years Completion Date 2014 A.D.


How Many Workers Equal Peter Masanotti’s 2009 Compensation?

Minimum Wage Worker 80 workers
Median Worker 36 workers
U.S. President 3 workers

That's a relief! I thought my decreasing pay was - just to keep the company afloat.

[ In Reply To ..]
It's good to know that I'm contibuting to Petey's million a year.

If I was CEO, I'd be more than happy to make 1/5 of his 500k salary. There really needs to be a cap.

Great... I just lost my lunch - are ya happy now

[ In Reply To ..]
This is totally disgusting.

If the hospitals are having such a hard time with budget cuts and losing money... why not get rid of the middle man. Thats a lot of money to spread around! Not to mention, this isn't even the owners pay.

Excuse me....I'm going to have to get a spoon right now...... - Kiki1

[ In Reply To ..]
so I can GAG myself.


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