rbreich , 15 days ago Median CEO pay at major corporations jumped 13% last year. Much of the increase was due to stock performance. Just so happens that in 2023 corporations spent ~$800 BILLION on stock buybacks, which artificially pump up share prices. Translation: CEOs are goosing their own pay.
Median CEO pay at major corporations jumped 13% last year.
Much of the increase was due to stock performance.
Just so happens that in 2023 corporations spent ~$800 BILLION on stock buybacks, which artificially pump up share prices.
Translation: CEOs are goosing their own pay.
travisbickles , 15 days ago @rbreich what's good for the Goose is good for the Gander .
@rbreich what's good for the Goose is good for the Gander .
PlantbasedChe , 15 days ago @rbreich did republicans or democrats do anything about it?
@rbreich did republicans or democrats do anything about it?
godzero , 15 days ago @rbreich Totally shocked!
@rbreich Totally shocked!
PJ_Evans , 15 days ago @rbreich They're also raising prices as much as they think they can get away with.
@rbreich They're also raising prices as much as they think they can get away with.
nminow , 15 days ago @rbreich All option grants should be indexed to the peer group or the market. Up to 70% of option gains are due to overall market performance and we should not pay CEOs for being on the same stock exchange as Nvidia.
@rbreich All option grants should be indexed to the peer group or the market. Up to 70% of option gains are due to overall market performance and we should not pay CEOs for being on the same stock exchange as Nvidia.