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I don't see how that is an unreasonable salary for the CEO of a highly influential tech company. CEO pay for other large tech companies is much higher.
by EduardoBautista 7y ago
I don't see how that is an unreasonable salary for the CEO of a highly influential tech company. CEO pay for other large tech companies is much higher.
- dangerlibrary 7y agoI'll do it for a cool 800k.
- throwawaypa123 7y agoI hope you are joking. If someone said I'll do full-stack dev for 150k instead 400k at google, how would you take that question?
- coldtea 7y agoIf the position wasn't that challenging to begin with, like this one, I'd hire them!
- hinkley 7y agoYou know those meetings you hate? Quadruple them, add more customers and some unsavory financiers. Then sprinkle it with a bunch of business trips where you never get to see the city. Think about that the next time you're thinking how much of a paycut you'd be willing to take if it meant you didn't have to talk to that guy every week.
- staticassertion 7y agoOr just let the company tank, take a raise, and fire 70 people to make up the difference?
- coldtea 7y ago>You know those meetings you hate? Quadruple them, add more customers and some unsavory financiers. Then sprinkle it with a bunch of business trips where you never get to see the city. That argument is about "how hard/bothersome" the work is. That's not how compensation is set, however. I, and most developers I presume, also don't like sweeping streets or cleaning gas station toilets (much more than business trips and tons of customer meetings), but nobody would pay millions to some gas station toilet attendant.
- hinkley 7y agoGrandparent said this is not a challenging position. That’s the comment I responded to.
- lucb1e 7y agoSure, I'll do dev for 150k if they're fine with me remoting in from Germany. Currently earning a third of that as security consultant which is on average better paid than developer afaik. I could retire at 37 instead of 47. You see, I'm fine donating money to a lot of places because I feel like I earn a lot (and I earn about 50k/year, not 150k and I never expect to earn 400k). The Internet Archive, Climeworks, OpenStreetMap, a local hackerspace, random sites or tools that I found useful, etc. But when I see that we need a hundred thousand average-sized donations to cover the cost of a single employee in a non-profit (what is even the definition of that word if not to not turn out profit to its owners?) then we're all just financing a pretty face instead of the product we love. One can argue all one wants about it being the market value or competitive offers or whatever, but if you are only in it for the money, Mozilla should not be the company for you. I'm not financing that. This is also why I don't donate to Wikipedia: the money doesn't actually go to Wikipedia the platform.
- deleted 7y ago[deleted]
- aaomidi 7y agoThere's hundreds of other engineers that can probably do as good of a job or better than him. Just because someone has a CEO label doesn't mean they have to be paid extreme amounts of money.
- bduerst 7y agohttps://en.wikipedia.org/wiki/Dunning%E2%80%93Kruger_effect https://en.wikipedia.org/wiki/Dunning%E2%80%93Kruger_effect
- deleted 7y ago[deleted]
- nordsieck 7y ago> There's hundreds of other engineers that can probably do as good of a job or better than him. There are 2 parts to the job of CEO: 1. Sales 2. Incentive engineering (overcoming Goodhart's law) There is very little about software development expertise that will help with either of those endeavors.
- lucb1e 7y ago> There is very little about software development expertise that will help with either of those endeavors Good point, we can pay them much less than developers. Having a warm smile and making informed decisions about ~things is something my mom can do and I assure you her hourly wage is less than a developer's.
- marcinzm 7y agoAnd the first industrial grade confidence trickster (and when you're managing $500 million you tend to get the cream of the crop going after you) will take her (and her company) for all she's worth. Having seen people who are great at people skills and those who are not there is a world of difference.
- creddit 7y agothan her
- metajack 7y agoThey were not the CEO until a few months ago. They aren't even Executive Director of the Mozilla Foundation. They are the chair of the Mozilla Foundation board of directors.
- trox 7y agoI think you overestimate the size of Mozilla Corp. As somebody mentioned above, the average CEO salary for a similar sized company is 800k.[1] [1] https://chiefexecutive.net/ceo-and-senior-executive-compensation-in-private-companies-2018-19/ https://chiefexecutive.net/ceo-and-senior-executive-compensa...
- SamReidHughes 7y agoIt would be a good idea to limit the comparison to Bay Area companies of that size.
- BrendanEich 7y agoTop few execs made above 800k but not 7 figures when I was there.
- SamReidHughes 7y agoI guess I'm being a pedant about the way one might pursue the line of reasoning of comparing to other companies' pay, not its validity and overall applicability.
- BrendanEich 7y agoMozilla constantly says it is not like “other companies”. We were and are in the Bay Area, which is every year more expensive, but not 3x more. It could be the 2.5m/year is justified, but not by market share up, new revenue lines, or both. What else? Competition? No, it is a custom fit job, chair of both boards and now even acting CEO. No competitive recruiting or chance for others to get the job, no real oversight.
- SamReidHughes 7y agoRight.