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>Both of those impact the bottom line and should have a material impact on C-suite compensation. Italicized emphasis mine. Time and again we've seen that this
by jjulius 4y ago
>Both of those impact the bottom line and should have a material impact on C-suite compensation.
Italicized emphasis mine. Time and again we've seen that this isn't the case, to the point where I won't bother holding my breathe to see if the CEO is impacted financially down the line. I'd rather start seeing CEOs highlight the fallout they themselves will receive in these layoff announcements themselves.
- ergocoder 4y agoThen, this should be agreed before taking the CEO role. If a company decides to reduce my compensation mid way, I will be freaking flipped. In this case, they could reduce the CEO's salary, but then it would go into the situation whether twilio would be better with a new CEO given the current CEO's performance in the past 10y. The answer would be a huge no.
- nerpderp82 4y agoTo the board and VC, "taking responsibility" means they should get a bonus for reducing headcount. Bulk up, gain marketshare, during glide phase reduce operating expenses and "spend" the gains earned during growth phase. Money is in charge. There is no moral element to how humans currently run business.