If you dig a little deeper into the Rivian and Lucid cases, you’ll see there’s no cash to spread around: Those are all long-term, incentive-based packages in cu

If you dig a little deeper into the Rivian and Lucid cases, you’ll see there’s no cash to spread around: Those are all long-term, incentive-based packages in currently illiquid equity. There’s a non-trivial chance their net value will be much closer to $0 than those headline numbers. Re: Bright Health Group, similarly a one-time incentive grant which will likely end up around $0 given the firm’s struggles. I’m not claiming all CEO pay is wise, of course. But “take 50% of CEO pay and redistribute it to the workers” wouldn’t move any needles. Satya Nadella can surely afford a few nice yachts at this point, but in aggregate Microsoft handed out $7.5 billion(!!) in stock to its employees last year. His $55M was a drop in the bucket, and given what he’s done for those employees’ stock over the past decade I’d think they’d consider pay like that a bargain at twice the price.