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Because people feel like C-level compensation is way too high, and people feel this is disconnected from actual performance. C-level compensation has risen way
by dtech 6y ago
Because people feel like C-level compensation is way too high, and people feel this is disconnected from actual performance. C-level compensation has risen way, way faster in the last decades than general employee compensation [1].
It doesn't change because upper management is all in the "cult", and there's no incentive to lower salaries. If all programmers (or any other profession) were in charge of their own salaries, I'd suspect something similar happening with people rewarding each other more and more compensation while pointing at other companies to justify it.
[1] https://www.epi.org/publication/ceo-compensation-2018/ https://www.epi.org/publication/ceo-compensation-2018/
- DangerousPie 6y agoI can see how one can argue that C-level compensation is too high (although there are also good arguments against that) but surely you can't expect Mozilla to solve this problem by themselves? If Mozilla cuts C-level salaries while the rest of the industry doesn't then why would any of them keep working for Mozilla?
- dtech 6y agoThis is a crap argument. Every company/NGO can use that and it doesn't solve the problem. Mozilla as a self-proclaimed altruistic ideologically-driven org should lead by example. If the current CEO, whom from the outside is not doing a great job, is not willing to. You find a different CEO. I am not convinced that no one wants to do the job for $500k instead of $2.5m. Whether that person would be good/bad/worse is pure speculation, but it's not like organizations are taking the chance.
- mgkimsal 6y ago"Whether that person would be good/bad/worse is pure speculation" they'd probably have to have at least a negative $2m impact before it mattered right? revenue on its own may not even be the best measure, if the revenue comes via methods that conflict with the larger ideology. I don't know if Mozilla has that conflict with itself or not. Your point is accurate though, and I've held the same views for a while now. This sort of thinking would seem to dictate that the next Mozilla CEO will need to come in at around $2.5m - that's been defined as the floor now. Regardless of how well that person executes, they've got that base. And... you can't really judge them after 3 months. You'd need to give them a year to make a 'real' assessment... and you've just spent that money on someone, regardless of outcome.