Hacker News new | ask | show | jobs
by startupcomment 5393 days ago
Just conjecture: senior management in established corporations have stacked the payscales in their favor. I know senior managers in established corporations who have received ridiculously large bonuses and stock option grants for doing nothing other than what should ordinarily be expected of them for the benefit of the corporation, and their level of risk is so small relative to their reward. In some cases, the benefit to the corporation is of questionable value, yet excessively lavish compensation is granted. I suspect that some of these senior managers are greedier and more short-term oriented (I'll milk this baby as much as I can for my personal gain here and now) than their pre-yuppie predecessors. Maybe there was a greater sense of self-restraint and balance in depression and WWII-reared generations (or maybe just lower expectations and objectives)?