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Comment on CEO Pay Has Risen 1,085% Since 1978, But for Workers? Just 24%

Why would it be fixed through shareholder voting? Most employees aren’t represented in those votes. The major shareholders have fundamentally different interests that are opposed to the interests of the employees. If employees were a majority shareholder, then that could work, but that’s almost never the case.

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golli@lemm.ee ⁨1⁩ ⁨month⁩ ago
My comment was aimed more towards the excessive CEO pay, not the stagnation in worker’s pay.

Probably not the best source (just one of the first Google results), but if I read something like this:

How much money did Marissa Mayer make while running Yahoo? During her five years at Yahoo, from 2012 to 2017, Marissa’s total compensation, including salary, stock, and bonuses, was $405 million. Verizon acquired Yahoo for a little over $4 billion in 2016. Marissa earned roughly $120 million from the acquisition through a mix of bonuses, accelerated stock options and salary. For example, she was paid a onetime bonus of $23,011,325 once the Verizon acquisition was finalized.

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Then it seems to be like the shareholders somehow got the short end, despite being the ones with the power to make changes.
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