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Do his employees share in his spoils though? I'm sure some get stock but if you're asked to work 20% harder for 10% more pay would you do it? If that's the case
by omosubi 8y ago
Do his employees share in his spoils though? I'm sure some get stock but if you're asked to work 20% harder for 10% more pay would you do it? If that's the case I don't care how long or hard the CEO works, it's not in my best interest.
- AlphaWeaver 8y agoIsn't that your decision to make, as a worker though?
- Tuna-Fish 8y ago> Do his employees share in his spoils though? To some extent, yes. He strongly believes that every employee under him should get some of their compensation in the company stock. Of course, the amount of stock the typical line worker gets is not very high.
- krapp 8y ago>To some extent, yes. He strongly believes that every employee under him should get some of their compensation in the company stock. Jeff Bezos strongly believed the same thing, and gave his employees stock in lieu of higher wages... until AMZN passed $2000 a share, at which point he strongly believed in phasing out RSUs and productivity bonuses in favor of higher wages.
- AnthonyMouse 8y agoThat was a direct response to repeated criticism from various politicians over "low wages" because they didn't bother to take the incentive programs into account. So you can blame Bernie Sanders for that one.
- chadwilken 8y agoI’ve read it’s common for the employees to realize that they are working on world changing projects and thus work the crazy hours. They believe in the greater good and give their time to the project.
- hazz99 8y agoThat's fair, but I think some of the reward is knowledge of the ground breaking projects your are working on. I just find the argument annoying because there are so many other billionaire CEOs they could (correctly) critisize, why drag down the only one bringing electric vehicles, solar cities, and freakin' privatised space? This is something we should be heavily supporting and cheering on