Why the assumption that everyone who works under a CEO is making peanuts? You're also assuming low and mid-level employees are incapable of career advancement (at AMD or elsewhere) and are perpetually stuck in their respective (consented) salaries.ah, but such is Capitalism. Would you rather it be communistic and only the upper echelon keep all of it instead? (hint, it's almost the SAME THING)
capitalism leads to the same thing communism does, the pyramid, only the few at the top make anything. difference is capitalism works better and making the rich richer (longer) and takes a much longer time to destroy the underclass
Why is Dr. Su at fault for bringing the company back from years of CPU mediocrity to spanking Intel? (A first for AMD considering their traditional MO) Every employee at AMD consented to their salary and are free to leave to start their own business or switch to a better-paying job at any time (aka career mobility). Also just because Dr. Su is getting a 25x bonus doesn't mean other employees are being robbed of their legally-obligated compensation.I get that consistency and great executives are good for the company, but it's not good for moral to give the CEO a raise the size of an entry-level engineer's salary and a bonus big enough to pay the salaries of over 150 senior engineers. I know other companies are worse at this but it's still disheartening for everybody else in the company.
Morale? They just have to check the stock price, if they need a morale boost. I'm pretty sure all their engineers have stock options, nearly all of which should be above water.I get that consistency and great executives are good for the company, but it's not good for moral to give the CEO a raise the size of an entry-level engineer's salary
Except it doesn't work like that. The shares & options vest over a 5-year period. I think the value is projected based on the current share price, but it might be lower.bonus big enough to pay the salaries of over 150 senior engineers.
What would be far more disheartening would be to lose competent executives, especially in light of the previous clowns who helped dig such a hole for AMD that they've been struggling to get out of.I know other companies are worse at this but it's still disheartening for everybody else in the company.
If you want to fix executive compensation, you can't just single out one company, especially if it's not even an egregious example.I just think that the stockholders and executives should, by there own free will, recognize the harmfulness of what they're doing.
You'll never get anywhere in internet commentary with an open mind like that.I think I might be wrong. Given the (relatively) low base salary with a big bonus system and the likely fact that many other people in the company have also been richly rewarded, the bonus is probably somewhat reasonable.