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A comment on Googlers angry about CEO’s $226M pay after cuts in perks and 12,000 layoffs. Parent comment

Re:Googlers angry about CEO’s $226M pay after cuts in perks ... by sbierwagen on Thursday May 04, 2023 @06:34PM (#35823026)
>we should be getting a slice of total business unit revenue

Start a company then.

Pay is not determined by value, it's determined by leverage. The CEO pays himself the most money because he controls the company, he's not going to pay anyone lower than him more than he makes.

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Re:Googlers angry about CEO’s $226M pay after cuts in perks ... by reaperducer on Thursday May 04, 2023 @06:55PM (#35823195)
>we should be getting a slice of total business unit revenue

Start a company then.

Or go back in time 40 years.

It used to be very common for companies to give a portion of the yearly profits to the employees. It was called "profit sharing."

Somehow that perk evaporated in the tech industry.

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Re:Googlers angry about CEO’s $226M pay after cuts in perks ... by SamReidHughes on Thursday May 04, 2023 @08:01PM (#35823745)
It's publicly traded and they pay RSUs.
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Re:Googlers angry about CEO’s $226M pay after cuts in perks ... by reaperducer on Friday May 05, 2023 @04:08PM (#35834518)
The two aren't mutually exclusive.
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Re:Googlers angry about CEO’s $226M pay after cuts in perks ... by PeterisP on Friday May 05, 2023 @06:36AM (#35827467)
CEO doesn't "pay himself the most money"; CEO pay is not decided by the company executives but directly by the shareholders/board.
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Re:Googlers angry about CEO’s $226M pay after cuts in perks ... by sbierwagen on Friday May 05, 2023 @11:02PM (#35837549)
How many companies pay VPs/senior employees more than the CEO outside of hedge funds?
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