Recent comments in /f/dataisbeautiful
jballs t1_j9lcynd wrote
Reply to comment by [deleted] in [OC] Zoom CEO Eric Yuan will be taking a 98% pay cut and forego his bonus for FY2023 by giteam
Seriously what's the difference between a $24B vs a $4B net worth? You could never spend either amount in a lifetime, and your heirs are going to be wealthy for several generations.
MissAugustMoon t1_j9lba6r wrote
Reply to comment by bill_gates_lover in [OC] Zoom CEO Eric Yuan will be taking a 98% pay cut and forego his bonus for FY2023 by giteam
I see, thanks for the explanation, I appreciate it
bill_gates_lover t1_j9lb1ce wrote
Reply to comment by MissAugustMoon in [OC] Zoom CEO Eric Yuan will be taking a 98% pay cut and forego his bonus for FY2023 by giteam
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.
MamesJadison t1_j9lasvq wrote
Reply to [OC] Zoom CEO Eric Yuan will be taking a 98% pay cut and forego his bonus for FY2023 by giteam
It may be to avoid taxes while seeming benevolent! Relevant investigative report from 2021: https://www.propublica.org/article/the-secret-irs-files-trove-of-never-before-seen-records-reveal-how-the-wealthiest-avoid-income-tax
GreatStateOfSadness t1_j9lalnv wrote
Reply to comment by ohmert in [OC] Zoom CEO Eric Yuan will be taking a 98% pay cut and forego his bonus for FY2023 by giteam
Looks to have been $800k last year and about $600k the year before that.
MissAugustMoon t1_j9l9s1h wrote
Reply to comment by bill_gates_lover in [OC] Zoom CEO Eric Yuan will be taking a 98% pay cut and forego his bonus for FY2023 by giteam
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?
ChocolateBunny t1_j9l9qxr wrote
Reply to comment by [deleted] in [OC] Zoom CEO Eric Yuan will be taking a 98% pay cut and forego his bonus for FY2023 by giteam
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?
bill_gates_lover t1_j9l8v0k wrote
Reply to comment by MissAugustMoon in [OC] Zoom CEO Eric Yuan will be taking a 98% pay cut and forego his bonus for FY2023 by giteam
Which part of my comment did you not understand?
ChocolateBunny t1_j9l89rk wrote
Reply to comment by [deleted] in [OC] Zoom CEO Eric Yuan will be taking a 98% pay cut and forego his bonus for FY2023 by giteam
0.000000000000005B
MissAugustMoon t1_j9l88h8 wrote
Reply to comment by munchingzia in [OC] Zoom CEO Eric Yuan will be taking a 98% pay cut and forego his bonus for FY2023 by giteam
It’s very educational, sometimes toxic , but educational.
THE_GR8_MIKE t1_j9l7xd5 wrote
Reply to comment by skilliard7 in [OC] Zoom CEO Eric Yuan will be taking a 98% pay cut and forego his bonus for FY2023 by giteam
No. I already hate working. I don't need those assholes making me like work, just because of how they are.
setphasorstolove t1_j9l7rdo wrote
Reply to comment by [deleted] in [OC] Zoom CEO Eric Yuan will be taking a 98% pay cut and forego his bonus for FY2023 by giteam
Untrue. Say you own 24billion dollars worth of pokemon cards. Federal regulations will only allow you to sell a small portion of that at a time, and it takes several months to liquidate.
Grocery stores don't take pokemon cards as cash so the cash salary is still meaningful
goodluckonyourexams t1_j9l7nw8 wrote
Reply to comment by MissAugustMoon in [OC] Zoom CEO Eric Yuan will be taking a 98% pay cut and forego his bonus for FY2023 by giteam
I think people want more than a million from billionaires.
munchingzia t1_j9l7n69 wrote
Reply to comment by MissAugustMoon in [OC] Zoom CEO Eric Yuan will be taking a 98% pay cut and forego his bonus for FY2023 by giteam
hmm. servers do cost money. and i do open up reddit whenever i have down time. i dont go out of my way to use the site though. but if i have a problem or wana search something up, i go to reddit , not google. i like getting answers from real people.
MissAugustMoon t1_j9l7m0g wrote
Reply to comment by bill_gates_lover in [OC] Zoom CEO Eric Yuan will be taking a 98% pay cut and forego his bonus for FY2023 by giteam
Can you reword this please. The grammar doesn’t really come through.
goodluckonyourexams t1_j9l7iq1 wrote
Reply to comment by CaseyTS in [OC] Zoom CEO Eric Yuan will be taking a 98% pay cut and forego his bonus for FY2023 by giteam
Yeah, people who are billionaires equally won't care about a million. Doesn't mean all CEOs will work "for free". You gonna work 80 hours for control?
i_suckatjavascript t1_j9l7ae2 wrote
Reply to comment by cepegma in [OC] Zoom CEO Eric Yuan will be taking a 98% pay cut and forego his bonus for FY2023 by giteam
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.
MissAugustMoon t1_j9l78r8 wrote
Reply to comment by munchingzia in [OC] Zoom CEO Eric Yuan will be taking a 98% pay cut and forego his bonus for FY2023 by giteam
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
bill_gates_lover t1_j9l77v8 wrote
Reply to comment by MissAugustMoon in [OC] Zoom CEO Eric Yuan will be taking a 98% pay cut and forego his bonus for FY2023 by giteam
This graph is wrong. CEO pay after $1 million is in stock. And this isn't showing that.
bill_gates_lover t1_j9l73dt wrote
Reply to [OC] Zoom CEO Eric Yuan will be taking a 98% pay cut and forego his bonus for FY2023 by giteam
This isn't actuallly showing his bonus.
OttawaExpat t1_j9l6f45 wrote
Reply to comment by timthegodd in [OC] Percent of American teens with a driver’s license by year by worriedshuffle
Also possibly COVID and fear of transit.
darwin-rover t1_j9l4ltx wrote
Reply to comment by uk100 in [OC] Namesakes of the 101 busiest airports in Europe by john_vandenberghe
Belfast has George Best Airport, but again it’s quite small
I believe Robin Hood Airport is closed?
blueboy151 OP t1_j9l3g5p wrote
Reply to comment by halide47 in [OC] Network of top 20 used Pokemons for VGC 2023 Series 2 by blueboy151
I used a matrix to create this (also called an adjacency list). The program is called Gephi (it is free) and has a similar layout to Power BI/Tableau. Has a slight learning curve
traviopanda t1_j9l1zi1 wrote
Reply to [OC] Zoom CEO Eric Yuan will be taking a 98% pay cut and forego his bonus for FY2023 by giteam
Nice, now that he has more money than any human being could ever need for the rest of his life he should continue to take the same pay cut and donate all of it from his company to the workers of the company and unions
flippythemaster t1_j9ldxyr wrote
Reply to comment by blueboy151 in [OC] Network of top 20 used Pokemons for VGC 2023 Series 2 by blueboy151
Also, the plural of “Pokémon” is “Pokémon”. It’s like deer.