• melsaskca@lemmy.ca
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    2 days ago

    I guess the obvious question is “Did that include CEO bonuses as well?”. Those bonuses are the artificially gigantic ones given to scavenger/predators who hurt their own employees to benefit the shareholders.

    • III@lemmy.world
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      2 days ago

      I still don’t understand the justification for CEO bonuses. They provide zero value to the company and shareholders. They are signing away money to an individual with zero return. Aside from motivating them to do the job they are already paid for…

      • village604@adultswim.fan
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        2 days ago

        They provide zero value to the company and shareholders.

        That isn’t exactly true. They make final decisions about what the company does and how, which relates to how profitable the company is.

        Bad CEOs reduce profitability while good ones increase it.

        Not saying that they deserve massive bonuses for it, though.

      • Bluescluestoothpaste@sh.itjust.works
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        2 days ago

        They raise money, that’s the CEOs job. So they get these bonuses because they convinced a billionaire to invest $100M, and if they get fired that billionaire is out.

      • undefinedValue@programming.dev
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        2 days ago

        Not agreeing with them and not understanding them are very different things.

        I don’t agree with them but I do understand that because they do a ton of unethical shit daily to both their customers and employees they feel entitled to as much fucking money as they can grab, because why the fuck not, they sold their soul for this and that ain’t cheap.

        Oh and I almost forgot, there’s no consequences.