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