101–110 of 232 posts
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He was a hotshot stock broker who would be making 10 times that. 0.8m isbarely respectful for him.
To me that speaks more about the wage disparity between normal folks and those working on Wall Street, etc. No one needs that much money, and someone willing to take such a pay cut yet still be well above the average only exposes that truth.
What if you want to buy more business/investments or fund startups?
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What do you think his salary should be that you'd feel comfortable to make a donation?
Significantly less. This feels like somebody setting up a GoFundMe to pay off their credit card debt. They paid their CEO an absurd salary, and now they need more money. That sounds like a you-problem.
Ahh.. Khan Academy.. the usefulness this site provided throughout my middle and high school education. Quite frankly, it literally saved my ass. I've gone ahead and donated $1K.
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The IT staff also get paid... How very dare them. Go to work and earn a living... It’s disgusting I say. They should do it completely for the love of it. Same goes for those pesky YouTubers. Long story short. If you don’t offer a decent incentive package, you won’t incentivise people to come and take a CEO roll. If you look around you will find that CEO at other charity’s also get paid well.
I worked for a not-for-profit where, 3 years in, we learned the CEO was making as much as everyone else combined for the first year. Guy was also doing minimal work. I got fed up with these things. If Khan either open-licenses the platform, or takes a pay cut to $200,000, I'll donate. If he does neither of those, I'm treating this as a 501(c)3-by-technicality only. It's a good for-profit, mind you, but still a for-pr…
Why $200,000, why not $100,000?
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What do you think his salary should be that you'd feel comfortable to make a donation?
Significantly less. This feels like somebody setting up a GoFundMe to pay off their credit card debt. They paid their CEO an absurd salary, and now they need more money. That sounds like a you-problem.
What you should be thinking about is the value he provides, not the absolute amount he is paid. The net positive effect of him running it and getting paid $800k is much higher than someone else who can't run things as well getting paid $100k. The goal is to maximize the output of the non-profit, not to keep salaries low. What you should care about is ROI on your dollars donated.
(Replying to a trollish comment, but don't want to push it to the top). There was a comment about the salary that CEO Sal Khan takes, with is over $800,0000 per year. I think Khan Academy is fantastic, and was going to donate until I saw this figure (verified). I think that it's entirely inappropriate to extract that much from the donations.
I support Math for America that provides stipends to smart teachers. It has the same premise: good teachers are rare and it’s good for everyone if they stay in education instead of being lured to Google or Goldman Sachs.
Worthy internet causes: Khan Academy, Wikipedia and Electronic Frontier Foundation Any other suggestions?
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This 1m/yr is nothing compared to the impact KA has. It's no longer just a site with videos; it is a huge e-learning platform that is widely used and integrated in schools across the world. Being the CEO of KA must be a lot of work and I think most people would agree is worthy of that level of compensation. Or to put it another way: the government is also a nonprofit organization, but it needs good workers to fulfill…
No one gets in the government gets paid $800k, the highest paid salary is the president, at $400k.
If you want skilled people you need to pay a good amount.