A Boring Dystopia

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Steve Ballmer is set to make $1 billion a year for doing nothing | CNN Business (edition.cnn.com)

submitted 11 months ago by iraq_lobster to c/aboringdystopia@lemmy.world

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[–] throwwyacc@lemmy.world 3 points 11 months ago

Actually quite interesting in the case of Ballmer as he was an employee compensated via stock rather than straight up cash

You'd consider that an investment as he was investing his time to be a business manager while being compensated probably less in cash that would be normal for the position

So as early Microsoft didn't have the cash on hand, or didn't want to give up that cash they could use elsewhere they gave equity as compensation

How do you suggest we should remove this situation? Should we not allow compensation in the form of equity? Or should ownership of equity not exist generally?