Recent comments in /f/dataisbeautiful

bill_gates_lover t1_j9lb1ce wrote

Most companies pay CEOs in the form of stock options after $1 million in salary. This is due to a law from the 1990s which encouraged companies to reward CEOs that perform well. Since stock value is one metric to see how well a CEO is doing, they are paid in stock, and taxed much less than if they had paid in salary. I googled it and it seems that Yuan's pay in 2021 was around $14 million.

I'm not sure why this graph doesn't show that. Maybe it's Zoom PR.

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MissAugustMoon t1_j9l9s1h wrote

It was just how ceo pay after 1mil… it just doesn’t read well. I worked it out after reading a few more times. A CEO’s pay…/After 1 mil a CEO’s pay is in stock… I genuinely just wanted to understand your sentence. Follow up, is that a Zoom corporate policy or something widely practiced?

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ChocolateBunny t1_j9l9qxr wrote

But it's the kind of thing people have been asking of their leadership in other tech companies to do? to make some sort of sacrifice to indicate that they are sharing in the hurt that other employees are going through even if it's obviously not in the same magnitude?

I mean would you rather they give up nothing like the other tech CEOs?

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i_suckatjavascript t1_j9l7ae2 wrote

Not sure why you’re getting downvoted, but he really did went out and set his own vision after Cisco leadership rejected his idea for WebEx, despite him being one of the first employees when it was a startup.

The more competition we have, the better.

I don’t even understand Reddit. When Iwata Satoru, the CEO of Nintendo, took a pay cut after the Wii U flopped, everyone praised him. And yet here we are…

Not saying he deserves more though.

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MissAugustMoon t1_j9l78r8 wrote

I’m complicit, I don’t mind buying coins every now and then. One reason being the camaraderie and entertainment Reddit provides. You can view it as supporting a platform. It costs money to have apps and websites exist. It’s funny Reddit likes anti work but really needs people to work so they can buy imaginary currency. Having income and zero children makes it easy to toss a few bones lol

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