4 ms·
18 months' severance. US$623,286 when their last full year's base compensation was $400K. https://upload.wikimedia.org/wikipedia/foundation/1/14/Wikimedia_Fou
by akolbe 3y ago
18 months' severance.
US$623,286 when their last full year's base compensation was $400K.
https://upload.wikimedia.org/wikipedia/foundation/1/14/Wikimedia_Foundation_2021_Form_990.pdf#page=50 https://upload.wikimedia.org/wikipedia/foundation/1/14/Wikim...
https://upload.wikimedia.org/wikipedia/foundation/e/e4/Wikimedia_Foundation_2020_Form_990.pdf#page=48 https://upload.wikimedia.org/wikipedia/foundation/e/e4/Wikim...
- lallysingh 3y agoOh yikes, staff with a larger severance. I'm not surprised, I can't imagine it's easy to find a new CEO job after losing your last one.
- thomastjeffery 3y agoIt's not as if someone who has already been making several hundred grand is in dire need of financial stability between employment opportunities.
- grumple 3y agoYou could say the same about any professional. You do it because it's the right thing to do, and if you don't do it, people are more likely not to work for you in the future.
- thomastjeffery 3y ago> You could say the same about any professional. False.
- heyoni 3y agoCase closed I guess?
- lallysingh 3y agoIt's not about anything but resentment here
- nerdponx 3y agoIs it? They beg for money and then $600k+ of it goes to a severance for one person. So much for charity and donating to support a public good.
- lallysingh 3y agoI think you assume a lot about other people's finances.
- thomastjeffery 3y agoIt's not assuming a lot to think someone who made several hundred thousand dollars has enough to live comfortably for a few months. I could move into a very nice apartment in any city in the world for less than $5,000/mo. I have no doubt that with that kind of cash, I could move in today. Surely after making $300,000 you would have enough left over to do the same! If not, then you are obviously not qualified to be making that kind of compensation in the first place.
- heyoni 3y agoYea everybody knows that if you’re not capable of living frugally and/or have mastered the art of personal finance you couldn’t possibly have any specialized skills or technical abilities.
- thomastjeffery 3y agoMaster? It doesn't take a genius to save a few percent of your income, especially when you are making 10x the average salary!