this post was submitted on 05 Feb 2024
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It's pretty crazy how much they can raise employees salary by getting rid of ceo pay.
If the company had 1000 workers, they could each get a 30k raise.
Nvidia gave their engineers stock options that would years later net them millions. That caused a lot of their senior and experienced staff to either retire early or just stop putting in extra hours and now people are writing articles like "is paying your employees well a bad thing?"
That's slavery with extra steps.
And that’s based on one employee who joined after stock gains going to the press and not any actual evidence or standby from the company