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by nihonde 3700 days ago
"adopts much more responsibility"

Bleeding a failing company dry with a huge comp package is the complete opposite of taking responsibility. If Mayer stood to lose $300MM of her own money (i.e., money that she had before she joined Yahoo), then we could talk about leadership with consequences.

2 comments

The comment has context. So read: adopts much more responsibility than an engineer. On a day by day basis she makes decisions that have a more significant impact. She has to cover much more territory for understanding aspects over the whole organization.
But never has to personally take a hit for a bad decision, whereas an engineer could be fired (without a $55 million severance).
Her severance would be due to a sale. There are lots of regular employees that get severance packages when they're let go due to a sale.

What's her severance in proportion to her annual salary along with tenure? The norm for my area/role, as an engineer, is 4 weeks per year of service. So 6 years would get me half a years salary, but you know what - it's only two weeks per year for "lesser" roles in my company such as support.

Skin in the game, lack of it being the biggest problem in modern society--at least according to Nassim Taleb.