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> it’s easily worth it but is it really? How do we accurately measure CEO performance? We can barely measure developer productivity in any sort of meaningful f
by Quarrelsome 3y ago
> it’s easily worth it
but is it really? How do we accurately measure CEO performance? We can barely measure developer productivity in any sort of meaningful fashion. Blowing $200m on what is effectively a faith based assessment seems a bit questionable.
- anurag6892 3y agowhen dealing with 1%, what is the need for accurate measurements? they calibrate his pay to other CEOs in tech and other industries, and that is good enough.
- Sai_ 3y ago> calibrate his pay It’s circular dependency if ever there was one.
- anurag6892 3y agodefinitely. this is often the cause of overinflated CEO pay.
- refurb 3y agoI'm pretty a lot of CEO compensation is in options? Company does poorly and they take a massive compensation hit. Seems like incentives are pretty aligned? If Sundar leads a company that goes from being worth $340B to $1,500B today (+$1.2T dollars), him getting $1B of that doesn't seem that out of place?
- jarjoura 3y agoI'd argue that us rank-and-file employees should receive profit sharing if our company is overperforming. It's impossible for any one of us to compete for that CEO position on any realistic grounds. So, we're left at the mercy that the board has decided this person deserves this compensation. A CEO can help guide an organization, but it's everyone under that CEO who pulls all the strings.
- refurb 3y agoPlenty of Google "rank-and-file" employees have been made millionaires by profit sharing.