this post was submitted on 21 Feb 2025
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Technology

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cross-posted from: https://lemmy.nz/post/19593613

Executives at Meta stand to get bigger bonuses this year.

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[–] [email protected] 37 points 1 day ago (2 children)

A committee for Meta’s board of directors approved the change on Feb.13 after determining that the “target total cash compensation” for its executives “was at or below the 15th percentile of the target total cash compensation of executives holding similar positions” at peer companies.

Robber barons keep stealing from you, while you get poorer.

[–] [email protected] 8 points 1 day ago

It’s insane that the people that determine their own wages tend to pay themselves more on average. And when they determine the wages of others, it tends to go up way slower.