Even if you took Stephenson's salary away completely, made him live in his office, and live on cocktail party hors d'oeuvres, and split up his salary among all the union workers, not including retirees, they'd each get an extra dollar a day. How much health care can you get for a dollar?
And, of course, if you really did take all that away from Stephenson, he's probably find a better job and AT&T would have some idiot running their company, someone who doesn't respect themselves or their own capability to warrant any partners respecting them, or the company they run, in return.