this post was submitted on 05 Feb 2024
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It's pretty crazy how much they can raise employees salary by getting rid of ceo pay.
If the company had 1000 workers, they could each get a 30k raise.
Nvidia gave their engineers stock options that would years later net them millions. That caused a lot of their senior and experienced staff to either retire early or just stop putting in extra hours and now people are writing articles like "is paying your employees well a bad thing?"
That's slavery with extra steps.