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Being a non-profit that does not have a share-price, I'm curious if you have evidence for validity of your assessment of "big swings resulting in compensation p
by mentalgear 2y ago
Being a non-profit that does not have a share-price, I'm curious if you have evidence for validity of your assessment of "big swings resulting in compensation packages".
- caoilte 2y agoI can offer a rationale that I hope that will be interesting. Evidence is more effort than I'm willing to invest in a random internet conversation. I hope that's okay. I don't mean to cause offense, but neither do I like having an interesting discussion shutdown. Executive leadership compensation tends to be based on, - the size/prospects/complexity of the company - the compensation received by executives in similar roles at other companies - the amount/type of oversight by the board This incentivizes executives to increase the complexity of their role in order to justify greater remuneration. The classic example is turning a widget factory into a widget financial services provider. In this case, by behaving like Silicon Valley companies chasing the latest fad the executive leadership of Mozilla get to demand the same remuneration packages.
- quesera 2y agoI don't think this is relevant here. Mozilla's executive compensation is famously disconnected from any realities -- economic, industry fad, or otherwise.