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Re:Googlers angry about CEO’s $226M pay after cuts in perks ... by quitit on Thursday May 04, 2023 @06:20PM (#35822884)
While all valid points, the current outrage is driven by the spiking CEO pay while making significant cut backs, this is all set against a wider landscape of belt tightening, a looming recession and the observation that CEOs are earning historically high pay ratios.

Those high ratios led Apple shareholders to request a pay cut of their CEO, and that was without poor performance or firing workers.

Re:Googlers angry about CEO’s $226M pay after cuts in perks ... by DamnYuppie on Thursday May 04, 2023 @06:46PM (#35823122)
My take on the OP’s comment was that his salary and bonuses are controlled by the board. As Sergei and Larry have majority control he would not have gotten this without their explicit approval.
Re:Googlers angry about CEO’s $226M pay after cuts in perks ... by ammar2 on Thursday May 04, 2023 @07:10PM (#35823326)
Do you think the board would object to him saying "oh yeah this looks bad since we're cutting costs, let's lower my compensation a little."

It's not like he doesn't have any agency in this.

Re:Googlers angry about CEO’s $226M pay after cuts in perks ... by sokoloff on Thursday May 04, 2023 @07:27PM (#35823457)
There is no reasonable amount by which he could cut his compensation that wouldn't result in whiners complaining that "it wasn't enough of a cut".

If he's going to catch heat for it anyway, he might as well take what he's contractually entitled to.

Re:Googlers angry about CEO’s $226M pay after cuts in perks ... by siliconc0w on Thursday May 04, 2023 @08:06PM (#35823782)
They could set it to zero, which would be in-line with severity of laying off of 10+ year high performers or those who are pregnant or on medical leave. I'd like to see an automatic condition where layoffs trigger a requirement that the directors and officers compensation will be set to zero for the next three years. You're basically severely fucking with people's lives and this has very real consequences for those people and society in general who has to pick up the pieces.
Re:Googlers angry about CEO’s $226M pay after cuts in perks ... by kevviiinn on Thursday May 04, 2023 @08:19PM (#35823864)
They can definitely survive for a few years without salary too. 200M is be enough to last most people decades and more yet they get that much every year
Re:Googlers angry about CEO’s $226M pay after cuts in perks ... by woooooo on Thursday May 04, 2023 @08:42PM (#35824014)
200M is enough to last any person intergenerationally along with their children and grandchildren. Not disagreeing with you, just a point of emphasis.
Re:Googlers angry about CEO’s $226M pay after cuts in perks ... by kevviiinn on Thursday May 04, 2023 @08:58PM (#35824099)
You're 100% correct, honestly I was just trying not to come off as being too hyperbolic
Re:Googlers angry about CEO’s $226M pay after cuts in perks ... by kcplate on Thursday May 04, 2023 @11:08PM (#35824774)
The average tenure of corporate CEOs is what <7 years? Why the hell would you intentionally cut your pay knowing you have a short half in the gig and for doing the job you were hired to do?
Re:Googlers angry about CEO’s $226M pay after cuts in perks ... by somsak2 on Thursday May 04, 2023 @11:12PM (#35824810)
how long do regular workers stay on average at a company? 7 years is a pretty long time
Re:Googlers angry about CEO’s $226M pay after cuts in perks ... by kcplate on Thursday May 04, 2023 @11:41PM (#35824967)
Most regular workers leave generally it’s on their own accord. When a corporate CEO leaves, it’s generally because they are fired.

If I am working for a company where the role I am in has a statistical likelihood that I will be fired in the near future, I am going to take every comp dollar I can get and not offer any compensation sacrifices for optics sake.

Re:Googlers angry about CEO’s $226M pay after cuts in perks ... by jjeaff on Friday May 05, 2023 @12:06AM (#35825098)
For some people, enough money is enough money and you start to think about your legacy. Or maybe your coworkers that toil for so much less. Will another $200m make any difference at all for someone with that kind of money?
Re:Googlers angry about CEO’s $226M pay after cuts in perks ... by mrpopo on Friday May 05, 2023 @07:06AM (#35827686)
Those people don't end up at the top mostly. You need a unending thirst of money and power to make it as CEO of Google and stay there. The same happens in politics actually.
Re:Googlers angry about CEO’s $226M pay after cuts in perks ... by loeg on Thursday May 04, 2023 @06:57PM (#35823212)
> [Pichai]'s salary and bonuses are controlled by the board

That is true of any CEO pay, though.

Re:Googlers angry about CEO’s $226M pay after cuts in perks ... by kQq9oHeAz6wLLS on Thursday May 04, 2023 @07:05PM (#35823282)
Your argument does not negate OP's argument.
Re:Googlers angry about CEO’s $226M pay after cuts in perks ... by loeg on Thursday May 04, 2023 @10:29PM (#35824609)
I don’t understand what OP is arguing but would be interested to find out.
Re:Googlers angry about CEO’s $226M pay after cuts in perks ... by stuaxo on Thursday May 04, 2023 @07:49PM (#35823644)
Who is on the board ? Often CEOs float around between boards, they are almost never going to decrease the pay or not raise it, unlike how it works for the rest of us.
Re:Googlers angry about CEO’s $226M pay after cuts in perks ... by bell-cot on Thursday May 04, 2023 @08:09PM (#35823804)
Too often correct. But in a case where Founder1 and Founder2 have absolute majority voting control, the Board is extremely unlikely to play such "obviously we'll vote to give each other raises" games. They are sitting in those cushy Board seats - or not - at 1 & 2's whim.
Re:Googlers angry about CEO’s $226M pay after cuts in perks ... by ribosometronome on Thursday May 04, 2023 @07:13PM (#35823346)
>Those high ratios led Apple shareholders to request a pay cut of their CEO, and that was without poor performance or firing workers.

It was also a pay cut from a TCTC (Tim Cook total compensation) high of $99 million the year before, which seems mindbogglingly high but also make him out to be a bargain in comparison to Pichai.

Re:Googlers angry about CEO’s $226M pay after cuts in perks ... by mlyle on Thursday May 04, 2023 @07:31PM (#35823494)
> the current outrage is driven by the spiking CEO pay while making significant cut backs,

Imagine CEO pay wasn't high.

They would still be reaping a huge portion of the benefit of shareholder-friendly (and less employee-friendly) policies, but escaping the blame.

Effectively, the amount of capital appreciation they've squeezed from layoffs dwarfs the CEO pay package, without any scrutiny.