5 ms·
The state Yahoo is in, I don't think anyone else in there expected less. Public information on these bonuses shocked me, to be frank. Ok, you took a hard job,
by joaodlf 10y ago
The state Yahoo is in, I don't think anyone else in there expected less.
Public information on these bonuses shocked me, to be frank. Ok, you took a hard job, but you also failed. A culture that rewards upper management - even on failures - is a recipe for failure, especially when you employ a large portion of talented and educated individuals who can very easily move somewhere else.
- whineBuster 10y agoYou may not share the sentiment, but some people try to succeed. It's called winning. These Yahoo's don't have a clue.
- sctb 10y agoPlease post civilly and substantively on Hacker News or not at all. https://news.ycombinator.com/newswelcome.html https://news.ycombinator.com/newswelcome.html https://news.ycombinator.com/newsguidelines.html https://news.ycombinator.com/newsguidelines.html
- arachnids 10y agoThey probably agreed on the bonus ahead of time. I doubt she would have taken the offer if it was conditional on Yahoo doing well.
- MegaButts 10y ago> I doubt she would have taken the offer if it was conditional on Yahoo doing well. But that's the point. What motivation does she have to do a good job and actually care about the well-being of the company if she gets extraordinary sums of money no matter what?
- arachnids 10y agoIf she had turned Yahoo around, she would be making much more in equity.
- MegaButts 10y agoBut does she care? Clearly if someone negotiates to get paid no matter what, they're putting themselves before the company. And based on how she's acted as CEO, I don't see any reason to believe she cares about saving Yahoo!
- TheSpiceIsLife 10y agoClearly if someone negotiates to get paid no matter what This is generally how I go about negotiating my salary.
- coldtea 10y ago>A culture that rewards upper management - even on failures - is a recipe for failure It's not an actual culture, it's just a circle-jerk of the upper class / upper management people, treating each other well, and setting the norms.