Hacker News new | ask | show | jobs
by throwfh80h82 1415 days ago
But why does capped compensation help? The issue is not that people are highly paid, but that undeserving, corrupt, and even fraudulent people are highly paid. Capped compensation may well be a good idea (not sure), but it doesn't really help with corruption and incompetence. The point is that there are already double standards that apply to the average worker, but less so to the C-suite (particularly in startups).

I don't think it would be accurate to consider my anger over the CEO who awarded themselves a $25M bonus while laying off hundreds of my colleagues and tanking the company to be "jealousy".

Edit: I apologize for the aggressive tone in the original reply, though I disagree with your take it wasn't necessary.

1 comments

Thanks for keeping it civil, I appreciate it! The capped compensation is for the "they're paid too much" angle. Removing autonomy in hiring is for the "they're undeserving/corrupt" angle. That way there's a different process for hiring that isn't corrupted by nepotism/cronyism.

I'm not trying to sound like I'm discrediting your experience or feelings, but I only really have your side of what happened, so of course your experience will sound justified from your perspective. There's a lot of possibilities for why that could have happened, not including ones that nobody could know about except upper management.

I may be wrong about my assessment of the leadership's competence in this case (I'm not, but I can see how you may not be able to know) but that doesn't mean jealousy is the motive. Your skepticism should be equally applied to the psychological motives of the commenters, in my opinion.