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These are exceptional times. The original Mozilla posts mentioned the effects COVID19 had on their business. CEOs of much larger companies, with much larger sa

These are exceptional times. The original Mozilla posts mentioned the effects COVID19 had on their business. CEOs of much larger companies, with much larger salaries, have cut or take no salary. Here's a short list of some Lyft, Fiat Chrysler, GE, Delta, Alaska Airlines, United, Southwest, Jetblue, AirBnB, GE, NBA How is it not incredibly tone deaf to cut 25% of the company and not at least in a token gesture temporarily eliminate your salary when you're literally a multimillionaire. --- Also, >And you do want highly qualified people there. That would be one thing if Mozilla was in a period of great growth. But it's not; it's in steady decline. Yet c-suite salary has grown in inverse proportion. Highly qualified? Are they?

coopsmgoops 6y ago
Those no salarie/$1 salarie CEOs sound oh so noble but they are usually compensated very well with stock options and so it's mostly just a facade of giving a
- rusticpenn 6y ago
  As long as the stocks have value and are not depreciating.
- pintxo 6y ago
  Given that capital gains are taxed at lower rates then income, its actually a tax-avoidance schema above everything else.
  - stjohnswarts 6y ago
    no it's not, unless you can point me at the CEOs receiving more options in lieu of their pay, otherwise it really is a pay cut, even if they're still getting rich, they're getting rich at a decreased rate and that is money they'll never see by taking $1 salary for the year.
ako 6y ago
It probably takes more skills to get the company from decline into growth. So as a company in decline you want great leadership.
- axitanull 6y ago
  So maybe until you prove your worth as great leader that gets company from decline into growth, your salary shouldn't keep growing by the millions?
  - Mirioron 6y ago
    Then they wouldn't take the job though. Why take the risk of getting less pay to do a more difficult job? It's not like companies are always fixable.

coopsmgoops 6y ago

Those no salarie/$1 salarie CEOs sound oh so noble but they are usually compensated very well with stock options and so it's mostly just a facade of giving a

rusticpenn 6y ago
As long as the stocks have value and are not depreciating.
pintxo 6y ago
Given that capital gains are taxed at lower rates then income, its actually a tax-avoidance schema above everything else.
- stjohnswarts 6y ago
  no it's not, unless you can point me at the CEOs receiving more options in lieu of their pay, otherwise it really is a pay cut, even if they're still getting rich, they're getting rich at a decreased rate and that is money they'll never see by taking $1 salary for the year.

ako 6y ago

It probably takes more skills to get the company from decline into growth. So as a company in decline you want great leadership.

axitanull 6y ago
So maybe until you prove your worth as great leader that gets company from decline into growth, your salary shouldn't keep growing by the millions?
- Mirioron 6y ago
  Then they wouldn't take the job though. Why take the risk of getting less pay to do a more difficult job? It's not like companies are always fixable.