Michael Dell suffered pay cut

TINMAN Michael Dell lost $200,000 worth of compensation last year as his outfit failed to make as much cash as it did the year before.

Despite that, he still banked a total of $2.13 million in fiscal 2009 according to a regulatory filing.

Reuters reports that Dell's offficial salary was $931,731, which made for a pay cut. The year before he earned $950,000.

Dell didn't collect any bonus, although he received about $17,000 of equity option awards and $1.8 million of "other" compensation, primarily for security. A lack of job security is what thousands of Dell workers suffered from last year, but they didn't get compensation for it. µ