4 ms·
> Alphabet CEO Sundar Pichai was awarded compensation worth more than $225 million in 2022, which marked a staggering 3,474% increase from the previous year, ma
by tubthumper8 2y ago
> Alphabet CEO Sundar Pichai was awarded compensation worth more than $225 million in 2022, which marked a staggering 3,474% increase from the previous year, making him the nation's highest-paid CEO, according to Equilar data.
If I did the math right, the increase was $218,500,000 and they laid off 12,000 workers (higher than the 10k predicted in the article) so the pay increase was about $18,200 per worker laid off. That's just the CEO, so unknown if other executive also received increases. Perhaps that's within your acceptable range, I'm not sure
- Sohcahtoa82 2y agoI find it absolutely reprehensible to give a raise of any kind to the C-Suite while doing massive layoffs. If there's a massive amount of overhiring happening, then the CEO takes responsibility for that. It doesn't make sense to give a raise to someone doing a poor job.