this post was submitted on 14 Dec 2023
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[–] TWeaK@lemm.ee 96 points 2 years ago (8 children)

So they're making $150-300k per year, with more for severance. That is indeed relatively low compared to major tech companies.

The article's examples were Docusign (CEO made $85M) and Google (CEO made $225M).

[–] QuadratureSurfer@lemmy.world -5 points 2 years ago (5 children)

It's important to note that most of what they "made" is actually just the stock that they already own or the stock options they received.

In general the actual cash that they receive is less than $500k.

Taxes are calculated differently on stock sales vs wages.

[–] TWeaK@lemm.ee 2 points 2 years ago

You're right that their salaries weren't $500k plus, those numbers included severance. Actual salaries were in the order of $150-300k (with the highest salaries paid to the owners).

Wikimedia doesn't have stock AFAIK.

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