Hacker News new | ask | show | jobs
by showerst 1477 days ago
Walmart is a bad comparison there; they have an enormous headcount of low-paid staff. Many tech companies are far lower headcount, but with high executive pay.

Looking at some other companies, Activision-Blizzard's CEO alone makes enough to pay every employee a $15,000 bonus. Reed Hastings at Netflix makes enough to pay every employee $3800. And that's not counting any of the rest of the executive staff, or all the other ways money flows out of a company to non-employees, like dividends and stock buybacks.

https://www.equilar.com/reports/83-equilar-associated-press-...

I think there's certainly a lot of room for wages to go up, though i'm skeptical that it will come at the expense of things like executive pay or share buybacks.

2 comments

Activision-Blizzard's board get 350k. If they earned $0 instead, this would only give each employee an extra $35 per year. That's including their stock compensation.

As you say, most goes to investors. Which makes sense as they actually own the company.

OP was talking about executives (CEO, VPs), not board.
I am OP's OP and I was talking about the board.
> board salary go down a bit
The comment referred to specifically said "board salaries", not executive pay more broadly.