Judge Judy has reportedly been getting a $47 million “salary” from CBS. We have a lot of business owners out there. How much is an employee worth?
CBS Sees ‘Judge Judy’ Lawsuit Over $47M Salary & Profits Get Trial Date
by Dominic Patten
Judy Sheindlin might be the one facing the judge next year. Today, the TV host and CBS were handed a trial date of October 23, 2017, for a lawsuit over the profits from her long-running show. If no deal is reached, the House of Moonves and Rebel Entertainment are heading toward a maybe not-so-civil faceoff over the big bucks Rebel says it is owed by the celebrity judge and the network.
With the $47 million annual salary of the former family court judge near the heart of Rebel’s action, L.A. Superior Court Judge Yvette Plazuelos also said Wednesday during a status conference that a final status conference will be held October 17, 2017.
I don’t watch the show, but Judge Judy is not an employee. She’s talent. Without her, there’s no show.
I doubt that she’s subject to federal labor rules for employees. She’s a contractor, not an employee, probably.
The above story is incomplete and misleading. Here’s the scoop:
Rebel (the talent agency) was supposed to receive 5% of the profit. However when Judy’s salary was boosted from $45 million to $47 million – it wiped out any profit. CBS has not paid Rebel for the last 6 years – cause they claim no profit.
47M to keep X 000 000 number of arses glued to the sofa? Small change to keep the zombies and chimps off the street – imagine the murder rate / damage bill if they weren’t otherwise sedated / amused.
Muse – to think.
Amuse – to not think.
The 47M figure is probably proportionate to how much carnage would materialise if the ‘target audience’ was not otherwise engaged.
To hell with Judge Judy …. an obnoxious, hideous, and intensely rude old hag of a judge. Oh, and she’s a fucken Joo.
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The question of the day is this: How much is an employee worth?
I would like to read answers to that.
Mike, I would ask for one clarification; from which point of view, the employee or employer?
Logically, it would come down to productivity and the supply of employees with the necessary skill.
But a lot has changed. Management has found ways – such as teams. It costs more for a team – but the individual employees earn less, and they are instantly replaceable cogs. Another is outsourcing (India) and contractors. Contractor rates have been greatly cut. This may not be the most productive – but all management can see is the expenditure for labor.
I think the least valuable employee is the CEO with the huge salary and golden parachute. Once in a while one of them does turn around a company. But mostly they are empty suits.
The least amount you can pay him or her and still keep them on board. Employees eat shit.
Stuck, employer.
Iska, Actually, there would be a show without her, need I list all the court shows on TV? She is better than the rest, ratings wise, hence the question of the day, which you failed to answer.
Contractor / employee makes no difference, someone you are paying for a service / function.
She is worth nothing except as an example of how the Elite consider and treat us Goy. The Elite probable love her show more than anybody. She would have made a good SS Officer. No judge should be allowed to Lord over people like that; their job should be to assure fairness to the two sides of the dispute not act as a vengeful God Himself over everything. I hate every Lawyer and judge I ever met because they were all greedy, self centered, dictators and cruel. This is America and everything in a courtroom should be in English! The Spirit of Justice in America is dead; killed by people like her.
I can be rude and opinionated. Maybe not as well as Judy, but maybe I should start practicing. I’ll try to be sure to interrupt everyone I speak with today and see how it goes.
How on earth is that tripe worth 47m bucks? I hate paying a top notch electrician 30bucks an hour off book to work on my place..how are celebrities worth that much? She comes in on one of my four channels, yet I have never watched it longer than the time needed to change channel, or turn off the tv. I would rather watch gilligans island. Or my dog shit. Or grass turn brown. I just dont understand a system that values personality over skill.
Dutchman…Hollywood accounting is notorious for its accounting practices . James Gardner sued because he was told that “The Rockford Files ” never made money in syndication . Likewise Winston Grooms sued because he was told that “Forest Gump” didn’t make a profit . Winston had the dumbest lawyer on the planet he asked for a percentage of the net as opposed to the industry standard of asking for a percentage of the gross.
RHSjr…in the courtroom the judges are GOD ! They’ll tell you that. I have two close friends who are circuit court judges cross them and they’ll have you hauled away for contempt in a flash.
I bet judge Judy has an SS uniform in her closet .
Most owners/mangers of a company are dumber than a box of rocks. They sit in the office all day and come once in awhile to screw up the process . Treat people fairly and they’ll produce. Treat them like a commodity and they’ll ruin your company and perhaps sabotage intentionally too ( I’ve seen it done ) .
What’s the adage ” A bad manager/owner can run off good people and demoralize the those that are left ” .
You are only worth as an employee what you can negotiate . Once you acquire skills/knowledge.. you have better leverage in which to negotiate . I’ve been in my field for 25 years ( engineering ) we don’t grow on trees.
As a mechanic when I started in 1990 I made about 30% of the door rate ( labor rate ). This was before high tech vehicles. Today a ” technician ” can expect to make about 23% of the door rate.
As a manager I make about 9% of gross sales.
Some employees are not worth 1% of anything.
As someone with 20+ years of experience as a Compensation Management professional working for Fortune 500 companies my entire career, I can tell you that you need to pay employees enough to attract, retain and motivate them. This pay range is defined by your competition for that talent. Business leaders love to give employees the shaft (if they can get away with it) to keep fixed costs down, but I will always tell them that either you get what you pay for or you give that employee great experience and training that they then can use at your competitor against you. They also don’t understand (or believe) that it generally costs 1.5x to 3x whatever you are paying your employee to replace them, after counting recruiting, training and lost productivity while the role is vacant and during the training period of the replacement.
This applies to low skilled workers all the way up to CEO.
That being said, I did a short stint in Executive Compensation Consulting during the Stock Option boom of the 90’s and found the practice despicable because the c-suite always went with the consultant that had the highest market rate statistics, which justified the crazy pay levels to the Board of Directors, who are all also c-suite execs, which then boosted the market rates they could use to justify their own pay increases. Rinse and repeat every year.
The final straw for me was when the head of of the Exec Comp practice said during a meeting that our job was “to facilitate the transfer of wealth from the corporation to the executives”! NOT to align pay with company performance.
I’ve often wondered why our entertainers can demand such a salary, when the people like doctors that save lives are demonized, anyway, the question is how much is an employee worth.
They should be worth less than what they produce for the employer so I suppose if Judy generates over $100 million I can see the networks paying her that much.
I moved companies about 3 years ago and got an overnight 25% jump in gross pay. That right there tells me my former employer wasn’t paying me what I was worth. Have always said that you’re worth what someone is willing to pay you. That does not always correlate to productivity. Have a fresh grad in the office who I believe is spending more time on her smartphone than doing actual work. Is she worth the $20/hr…well yes, because nobody will work for less and it was hard to get this person with semi-unproductive tendency at that. If that’s the new standard I’m probably underpaid with respect to productivity. No comment on Judge Judy’s pay but I do believe people in entertainment, sports, Wall Street and C-level executives have been much better than the masses at getting people to pay more for their labor. Their productivity (actual output) is questionable at best just like a 22yr old playing Pokemon on company time.
1. Who the hell is Judge Judy?
2. Does she make more or less than the Kardashian clan?
Whatever someone is willing to pay them.
This isn’t a difficult question.
The problem arises when people of modest means see an astronomical salary and can’t grasp the disparity between their 40 hour work week and the one with the 47 million dollar annual gross.
I wouldn’t give the used toilet paper I drop in the toilet for whatever it is that the Kardashians are alleged to do, but that doesn’t mean that hundreds of millions of drooling, jabbering dolts can’t get enough of it and therefore advertisers are willing to spend big bucks to get their drug addled eyes focused on those whores and degenerates, thus their compensation is whatever their networks deems it to be.
What’s important is what are YOU worth. Never accept so much as one cent less than that and life will work out just fine.
And anyone in the entertainment biz who agrees to a cut of the “profits” is in the wrong business.
The Llpoh above is a Doppler. Nice comment, though.
Employees wages should be determined by the free market. Their wages should reflect the supply/demand of labor. Really, it is that simple.
If their is an over supply then wages drop (ding ding ding – that is what is happening in the US). Supply is a function of skill – there are few brain surgeons, for example.
Oz has the highest minimum wage on earth. It is not in any way tied to output, supply, or demand. They believe in a wage high enough to live on, despite the fact that many cannot actually earn, or do not deserve, such a wage. They are going to take some serious lumps because of that stupidity. The welfare state is exploding, manufacturing has crumbled, mining has priced itself out of a poor market. Thank goodness for immigrants. The idea of a living wage goes back to agricultural days, when most folks were farmers, and no global competition or skill differentiation really existed.
Here in Oz employees get 20 days annual leave, 13 public holidays or thereabouts, 17.5 % additional pay for annual leave (because they are on vacation, you know! Seriously, they do.), they get 10 paid sick days, and take another 10 unpaid on average, and they get almost a week of something calked long service leave – it builds up over 15 years then they get three straight months off. Again, no joke.
Australians take about 70 (!!!!) days a year off work. And get paid for most of them. And have the world’s highest minimum wages.
They are going to get screwed. Good thing I am retired.
LLPOH said :Employees wages should be determined by the free market. Their wages should reflect the supply/demand of labor. Really, it is that simple.
Spot on…as it should always be. Even low skilled folks have the ability to bargain for their pay rate when the demand for workers is high and the supply is low. It’s the principle that is taught on the first week of an entry level economics class .