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Usage was down, revenue went way way up, and executive salaries reflected that. As revenue has dropped, I doubt executive salaries have stayed at the same level
by boomboomsubban 6y ago
Usage was down, revenue went way way up, and executive salaries reflected that. As revenue has dropped, I doubt executive salaries have stayed at the same level.
It's insane how much flak they get for the CEO making a million dollars more after signing a deal that got them hundreds of millions more dollars a year.
- consumer451 6y ago> It's insane how much flak they get for the CEO making a million dollars more after signing a deal that got them hundreds of millions more dollars a year. I think the derision comes from the fact that this is theoretically a non-profit org.
- boomboomsubban 6y agoThe executives are employees of the Mozilla Corporation, not the nonprofit.
- lallysingh 6y agoIf the board had paid the same amount and gotten half the return from a service or consultant, they would be praised for it. But an employee! Good forbid!
- st3fan 6y agoI'm a senior engineering manager at Mozilla. Are you saying that because Mozilla is a non-profit I should just accept to take a salary that is mediocre or below industry standard? What if we apply that to engineering too? Marketing, operations, SREs .. How do you think that would work out for Mozilla? Do you think we would have any impact if the place was run like that? Do you think we would have much talent on board?
- consumer451 6y agoIn the interest of clarity and humility, I carry the baggage of having a very large anti-executive/administration/overhead bias. I was trying to speak for general sentiment before, which was dumb of me. Let me attempt to clarify my personal thinking: if for example there was a Patreon where I could give money to Mozilla engineering salaries directly, I would proudly pay $10/month. I would be willing to wager that many others would as well. If orgs want good feels and a write off, sure 501c Mozilla donations, but let’s go beyond all that. How about a Mozilla Security Patreon? How about a Mozilla Rust Pateron? My point is that there is so much good will and money, just on HN, for Mozilla engineering... can we come up with ways to fund engineering directly? I realize there needs to be a CEO, etc, but there should also be a funding structure to pay you and your peers more, directly. Edit: I am just using Patreon as an example of direct creator funding, other mechanisms may be more applicable.
- luckylion 6y ago> It's insane how much flak they get for the CEO making a million dollars more after signing a deal that got them hundreds of millions more dollars a year. What are you talking about? Hundreds of millions more per year? Their revenue [1] grew by 40m (520m to 562m) during the year they doubled their top exec salary. It fell by 90m the next year, earning them a loss for the first time. [1] https://de.wikipedia.org/wiki/Mozilla_Foundation#Finanzierung https://de.wikipedia.org/wiki/Mozilla_Foundation#Finanzierun... German Wikipedia has a nice table.
- boomboomsubban 6y agoThe deal was made in 2015, and I assume that the executives do not negotiate their salary every year.
- luckylion 6y agoLooking at the financials, it's pretty obvious that there was no huge deal that brought in additional hundreds of millions, not even once, and definitely not every year.
- boomboomsubban 6y agoI should have said over a hundred million more a year or hundreds of millions more. It was my mistake to say both as the deal only increased revenue by $140 million over predeal revenue in the best year.