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Usually the highest paid executives (w/ cash) are the ones at low performing companies because executives don't want to work at low performing companies. From t
by saas_sam 7y ago
Usually the highest paid executives (w/ cash) are the ones at low performing companies because executives don't want to work at low performing companies. From the outside it looks like they're being rewarded for the company performing poorly, but from the inside it's more like "this is what we have to do to keep everyone from jumping ship to Salesforce/Twilio/Tesla/sexier company."
But hey, someone with more knowledge of Mozilla than you or I should really be the ones defending this. Maybe some are reading this thread and don't mind chiming in?
- refurb 7y agoThis is very true. If you're a company in desperate need of a turn around, you're not going to have a lot of luck in finding a great CEO unless you offer a competitive compensation package and a guaranteed payout. That's why you see failing companies' CEOs walk away with big packages. They won't get a good CEO unless they offer comp comparable to other companies they could work for.