Hacker News new | ask | show | jobs
by sokoloff 2160 days ago
If you are a shareholder in a failing company and looking to hire a turnaround CEO, do you want them to be bleeding the company dry in high salary every month or do you want them taking a modest cash salary each month and have their economic incentive be to drive the turnaround of the equity in the company, so they get paid for saving your investment not for putting in the months?
1 comments

I'd prefer to pay the higher salary instead of a low one followed by paying out a big bonus if they fail.