Some articles that talk about the other side:
https://www.bloomberg.com/features/2015-gravity-ceo-dan-pric...
https://www.hundredeightydegrees.com/investigation/2018/2/27...
Some articles that talk about the other side:
https://www.bloomberg.com/features/2015-gravity-ceo-dan-pric...
https://www.hundredeightydegrees.com/investigation/2018/2/27...
“Gravity’s 2014 profit was $2.2 million, Price adds. At private companies with sales like Gravity’s total revenue, salary and bonus for the top quartile of CEOs is $710,000, according to Chief Executive magazine’s annual compensation survey. At companies with sales like Gravity’s net revenue, the top quartile pay falls to about $373,000. At companies with a similar number of employees as Gravity, the top quartile of CEOs makes $470,000 in salary and bonus. The CEO of JetPay, a publicly traded competitor that processes a similar volume as Gravity, received $355,000 in 2014.“
Yet his comp was $1.1MM?
“Price signed with the talent agency William Morris Endeavor Entertainment and now charges as much as $20,000 per speech, Pirkle says.”
Or his obvious avoidance to answering the direct questions. It’s cool what he did, but I don’t trust the guy. Or at least I doubt his motives are so honorable. Perhaps I’m too cynical.
It’s been 5 years, or $150k each, and there’s been no apparent bad news. What more do you need?
Have you changed in the last 5 years?
Subcontracted workers are technically not employees of Google, therefore can be disregarded when making claims about the min salary of employees.
It's all a bit tongue in cheek and silly.
It does have some real world consequences because of some regulation that requires companies to publish some information about the ratio between CEO pay to lowest paid employee.
But as we noted here, who is officially an employee and who ain't is flexible.
Uber and eBay and Amazon are an even more extreme example: Uber drivers and eBay sellers are at the heart of what makes those companies tick. But they are not employees.