Re:Levandowski sentenced to 18 months in prison as new lawsu...
by Barrin92 on Wednesday August 05, 2020 @09:42AM
(#24060630)
>I mean, part of paying this type of comp is to retain talent.
As with ever increasing CEO compensation, it has been frequently pointed out that this may be less an issue of performance and more a sort of internal cronyism with tightly connected people being excessively compensated. Given the mythology around tech founders/talent it's not surprising.
As long as the companies grew it was fine, but I honestly think these compensations are on their way out as shareholders at some point have to recognise that this isn't reasonable.
As with ever increasing CEO compensation, it has been frequently pointed out that this may be less an issue of performance and more a sort of internal cronyism with tightly connected people being excessively compensated. Given the mythology around tech founders/talent it's not surprising.
As long as the companies grew it was fine, but I honestly think these compensations are on their way out as shareholders at some point have to recognise that this isn't reasonable.