2 ms·
Just out of interest, how much should the guaranteed salary of a non-profit CEO maximally be?
by auggierose 10mo ago
Just out of interest, how much should the guaranteed salary of a non-profit CEO maximally be?
- WoodenChair 10mo agoI don't know but $7 million seems high for a non-profit that's in the midst of layoffs, dramatically losing marketshare, seems to have no direction, and has all of the other failures I mentioned above as Mozilla did in 2023. But point taken, without looking at a scale of other people in similar non-profit positions, it's hard to judge. I think the other points are strong though.
- Hendrikto 10mo agoGuaranteed? Enough to cover living costs. Everything else should be performance bonuses. Of which Mozilla CEO would have gotten none, based on their failure.
- auggierose 10mo agoHow would you measure the performance, given that it is a non-profit? Which self-respecting CEO who is actually good would go for such a deal? I think it is important to understand that the employees of a non-profit are allowed to earn a proper salary. I think $7 million is too much for the CEO of a non-profit, but $100K would be too low. You can see that there are plenty of CEOs making more than $1 million: https://www.charitywatch.org/nonprofit-compensation-packages-of-1-million-or-more https://www.charitywatch.org/nonprofit-compensation-packages...