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Googlers angry about CEO’s $226M pay after cuts in perks and 12,000 layoffs

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Re: Googlers angry about CEO’s $226M pay after cuts in perks and 12,000 layoffs

#31

Post by jjtheblunt »

jimsimmons wrote: post #14
airstrike wrote: post #10

Earlier quoted context omitted.

That's whataboutism. Googlers are comparing their pay (and layoffs) to the CEO's comp--pop artists are an entirely separate matter and Googlers may also feel those are paid too much Said differently: I'm not saying they're right or wrong, just pointing out that they can also be upset over pop artists' pay

OpenAI is allegedly paying 5-20M for researchers. Shouldn’t CEO deserve 20x more? What motivation will Sundar have if you pay him 200K?

What is his special skill set?

Re: Googlers angry about CEO’s $226M pay after cuts in perks and 12,000 layoffs

#32

Post by misssocrates »

gregdoesit wrote: post #11

Got to give it to Larry Page and Sergey Brin for having their cake and also eating it. They control ~51% of voting power with shares thanks to owning ~85% of class B shares. They have had the benefit of someone else running the company for 8 years - and increasing the value of it - and now, when things are not looking great, it’s Sundar Pichai who gets the blame, and the focus on his compensation: and not those who s…

Isn't taking the blame part of why CEOs get paid millions of dollars? 226 of them in this case. Pichai signed up for it and is objectively a winner too.

Re: Googlers angry about CEO’s $226M pay after cuts in perks and 12,000 layoffs

#33

Post by comprev »

segasaturn wrote: post #21

While I agree that CEOs are overpayed, I think the same applies to software engineers. Software Engineering has been a pay/perk bubble for years that was due for a correction, and like when Elon cut the free gourmet lunches and coffees for Twitter staff, I'm sure the Google engineers will survive. Meanwhile Google's "raters", the army of workers who do the hard work of moderating and testing Google's platforms are ge…

I disagree about being overpaid.

Similar to other professions - engineering and medicine for example - we have a career which requires a dedication to constant learning.

We build systems which allow companies to generate billions in revenue and deserve a slice of the pie.

Re: Googlers angry about CEO’s $226M pay after cuts in perks and 12,000 layoffs

#34

Post by jimsimmons »

jjtheblunt wrote: post #31
jimsimmons wrote: post #14

Earlier quoted context omitted.

OpenAI is allegedly paying 5-20M for researchers. Shouldn’t CEO deserve 20x more? What motivation will Sundar have if you pay him 200K?

What is his special skill set?

The fact that there’s no TLDR of his skill set is his skill set.

Re: Googlers angry about CEO’s $226M pay after cuts in perks and 12,000 layoffs

#35

Post by airstrike »

segasaturn wrote: post #21

While I agree that CEOs are overpayed, I think the same applies to software engineers. Software Engineering has been a pay/perk bubble for years that was due for a correction, and like when Elon cut the free gourmet lunches and coffees for Twitter staff, I'm sure the Google engineers will survive. Meanwhile Google's "raters", the army of workers who do the hard work of moderating and testing Google's platforms are ge…

People generally get paid the amount that it costs to find someone else to do their job¹

It is very easy to find someone else to be a "rater". Certainly easier than it is to find another software engineer

You can argue SWE wages are inflated but comparing them to someone testing whether YouTube search returns the right results is inaccurate and feels disingenuous

"Fairness" is a vague concept which nobody can agree on. It's definitely not as easily observable as, say, the marginal cost of replacing a worker

---------------

1. This also happens to be a helpful framework for establishing "value", beyond the context of labor. For instance: how much is a company worth? The amount it would cost to replace them if they were taken out of the picture

Re: Googlers angry about CEO’s $226M pay after cuts in perks and 12,000 layoffs

#36

Post by [deleted] »

nemothekid wrote: post #13
jimsimmons wrote: post #7

Hating capitalism is one thing. Being clueless how it works is childish. 200M over 3 years for the CEO of the most consequential tech company on the planet is peanuts. Pop artists make similar money scantily clad and squeezing autotune

> Pop artists make similar money scantily clad and squeezing autotune Which pop artist is making anywhere near 220M in take home over 3 years? 70M/year is Taylor Swift numbers, and shes the highest earning female artist ever .

[deleted]

Re: Googlers angry about CEO’s $226M pay after cuts in perks and 12,000 layoffs

#37

Post by aaomidi »

segasaturn wrote: post #21

While I agree that CEOs are overpayed, I think the same applies to software engineers. Software Engineering has been a pay/perk bubble for years that was due for a correction, and like when Elon cut the free gourmet lunches and coffees for Twitter staff, I'm sure the Google engineers will survive. Meanwhile Google's "raters", the army of workers who do the hard work of moderating and testing Google's platforms are ge…

Except engineers bring value.

If engineers are to be paid less, then where should the profit go?

Re: Googlers angry about CEO’s $226M pay after cuts in perks and 12,000 layoffs

#38

Post by pdntspa »

segasaturn wrote: post #21

While I agree that CEOs are overpayed, I think the same applies to software engineers. Software Engineering has been a pay/perk bubble for years that was due for a correction, and like when Elon cut the free gourmet lunches and coffees for Twitter staff, I'm sure the Google engineers will survive. Meanwhile Google's "raters", the army of workers who do the hard work of moderating and testing Google's platforms are ge…

Show me another profession that can have such a dramatic impact on the bottom line where your work makes the company 100x-1000x your salary. If anything SWE are underpaid, we should be getting a slice of total business unit revenue.

With my last job doing SWE for a bank, I know for a fact that my code saved the company hundreds of thousands dollars just from one project, and I know for a fact that some of my other code oversaw over a billion dollars in loan volume annually.

And what do I get come review time? No salary change and a variable bonus. It's fucking bullshit. These motherfuckers are getting rich off my back and they don't even share. Even 5% of revenue split across my entire team would be a million-plus or everyone, but nooooooooo we cant have that now can we? Whatever will the pathetic shareholders ever do then???

Re: Googlers angry about CEO’s $226M pay after cuts in perks and 12,000 layoffs

#39

Post by satao »

segasaturn wrote: post #21

While I agree that CEOs are overpayed, I think the same applies to software engineers. Software Engineering has been a pay/perk bubble for years that was due for a correction, and like when Elon cut the free gourmet lunches and coffees for Twitter staff, I'm sure the Google engineers will survive. Meanwhile Google's "raters", the army of workers who do the hard work of moderating and testing Google's platforms are ge…

Maybe in the US, but around the world it us usually just a decent job. The main problem is not the engineers being overpaid, is the rampant inequality that the west has been experiencing without anyone doing anything.

The situation is crazy right now. Engineers are not overpaid. The other jobs should have a better pay, while the CEOs should be paid a lot less.

Re: Googlers angry about CEO’s $226M pay after cuts in perks and 12,000 layoffs

#40

Post by tehlike »

gregdoesit wrote: post #11

Got to give it to Larry Page and Sergey Brin for having their cake and also eating it. They control ~51% of voting power with shares thanks to owning ~85% of class B shares. They have had the benefit of someone else running the company for 8 years - and increasing the value of it - and now, when things are not looking great, it’s Sundar Pichai who gets the blame, and the focus on his compensation: and not those who s…

Google performed only slightly better than QQQ in the past 5 years, and performed significantly worse than AAPL. Tim Cook doesn't get that comp, if that's what you mean.
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