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I think in some ways it makes sense that she gets paid so much though.. A failing company probably needs to give a greater incentive for someone to want to be t
by rifung 10y ago
I think in some ways it makes sense that she gets paid so much though.. A failing company probably needs to give a greater incentive for someone to want to be their CEO.
It'd probably be difficult for Mayer to get another CEO position in the future despite the fact that a turnaround at Yahoo would have been difficult for anyone. In a way she's being paid proportional to the risk associated with the job.
- overcast 10y agoLooking at it from another way, CEO's can make a ton of money, regardless of what happens, including complete collapse of the company. While everyone else involved, loses tons of money, and their jobs. Maybe if there was more of an incentive, beyond guaranteed money. Like if after x amount of years, y goals have been met, then you get paid.
- spriggan3 10y agowhat risk ? she'll never have to work again. she'll probably sit on the board of some companies and vote their CEOs the same huge percs.
- wpietri 10y agoPast a certain point, money is not a big motivator for most people. There are a lot of people still working even though they have more money than they will ever use. And many who retire keep just as busy doing something different. In her case, presumably she's ambitious and likes the work she does; the risk is that she loses opportunities to do the work.
- Salgat 10y agoYou start to wonder though, how much better these CEOs are compared to less famous ones.