Yeah! They are cutting out key technical employees while not cutting top-level exec salaries.
https://twitter.com/lizardlucas42/status/1293232090985705478
Yeah! They are cutting out key technical employees while not cutting top-level exec salaries.
https://twitter.com/lizardlucas42/status/1293232090985705478
[1]: https://en.wikipedia.org/wiki/Mitchell_Baker#cite_note-14
Yes. Mozilla Corporation, The wholly owned subsidiary of Non-profit Mozilla Foundation, is a for-profit organization and taxable entity. [1]
For any for-profit organization, increasing profit is one of the major responsibility of the CEO.
And the worse your company is doing, the more important it is to find a good CEO and the harder it will be for you to attract a good one. So you can even make an argument for why CEOs that joined companies that are doing badly might be getting paid more on average.
Of course startups CEO will have different goals - company at different stages of their growth will have very different goals and tangentially they need different CEOs with different skill sets to achieve those different goals.
It doesn't change because upper management is all in the "cult", and there's no incentive to lower salaries. If all programmers (or any other profession) were in charge of their own salaries, I'd suspect something similar happening with people rewarding each other more and more compensation while pointing at other companies to justify it.
If the current CEO, whom from the outside is not doing a great job, is not willing to. You find a different CEO. I am not convinced that no one wants to do the job for $500k instead of $2.5m. Whether that person would be good/bad/worse is pure speculation, but it's not like organizations are taking the chance.
they'd probably have to have at least a negative $2m impact before it mattered right?
revenue on its own may not even be the best measure, if the revenue comes via methods that conflict with the larger ideology. I don't know if Mozilla has that conflict with itself or not.
Your point is accurate though, and I've held the same views for a while now. This sort of thinking would seem to dictate that the next Mozilla CEO will need to come in at around $2.5m - that's been defined as the floor now. Regardless of how well that person executes, they've got that base. And... you can't really judge them after 3 months. You'd need to give them a year to make a 'real' assessment... and you've just spent that money on someone, regardless of outcome.
How is that still an NGO?