Hacker News new | ask | show | jobs
by abwizz 1024 days ago
yea, but hiding behind the differences in meaning does also not help effective discussion.

i get where you're coming from, but also sympathize with the position of "if the compensation changes in value, the value of the compensation has changed"

maybe time to question this whole stock option thing for c-suite and just grant all employees a similar share of company performance
2 comments
phonon 1024 days ago
UAW members already get a profit sharing bonus!

"Today’s announcement that eligible UAW-Stellantis members will receive a record average profit-sharing amount of $14,760..."

"Ford...members are expected to receive an average of $9,176 in profit sharing."

"UAW members who work for General Motors received the news that they may receive up to $12,750 in profit sharing"

https://uaw.org/tag/profit-sharing/

link
abwizz 1024 days ago
ime a lot of companies do this, but most don't

also phrasings like "average" and "up to" tend to obstruct an important part of the picture (i.e. the common worker)

link
sokoloff 1024 days ago
The text upthread that started this was “GM CEO salary went up from 23M to 29M between 2021 and 2022.”

That is both wrong and misleading. Wrong for obvious reasons, but misleading because the nature of salary is that statement suggests that someone (the board or compensation committee) made an explicit decision to change their salary from $X to $Y.

link