Live data from Hacker News

Sundar Pichai received $226M compensation, boosted by a triennial stock grant

bloomberg.com

441–450 of 543 posts

Re: Sundar Pichai received $226M compensation, boosted by a triennial stock grant

#441
post #101

Earlier quoted context omitted.

Google would still be making a ton of money even with a CEO that did nothing. For a $226M compensation, we should be able to demand a bit more don't you think?

> we should be able to demand a bit more Are you a major shareholder?

No, just a minor one.

Re: Sundar Pichai received $226M compensation, boosted by a triennial stock grant

#442
post #367

Earlier quoted context omitted.

I disagree. The entire tech sector had one of the strongest labor positions in the country for the last decade. It was short sighted not to unionize. Now, layoffs are widespread, compensation is way down, while all the profits go to shareholders. This applies to Google and many other profitable tech companies.

You anti-work guys are again showing your ignorance. A large chunk of techie compensation is in stock.

> You anti-work guys are again showing your ignorance.

Do you have an actual argument, or do you just plan on name-calling until people shut up and fall in line?

> A large chunk of techie compensation is in stock.

Oh ok, I guess they can fire Sundar Pichai/Mark Zuckerberg when he underperforms, then? What? They don't own enough stocks to do that?

There you go. That's your problem.

Re: Sundar Pichai received $226M compensation, boosted by a triennial stock grant

#443

... And getting caught flat-footed against Microsoft (and Adobe, but but not as loudly) in the precise field Alphabet is supposedly the insurmountable leader. Remind me again how big-co CEOs assume "all the risk"?

I never thought I'd say this but I prefer Microsoft products to google these days and steer clients that way.

Re: Sundar Pichai received $226M compensation, boosted by a triennial stock grant

#444
post #64

The upper management at Google are so lucky that the company is filled with timid people who are averse to change and didn't unionize. Now they can safely siphon the profits for another several years until they inevitably drive the company into the ground when the ad revenue dries up, and they move to similar positions at other places with healthy revenue streams. And the rank-and-file Googlers will defend this becau…

[deleted]

Re: Sundar Pichai received $226M compensation, boosted by a triennial stock grant

#445
I've lost respect for him completely now. I feel like the only ones who would still respect him are his fellow IIT/Stanford/Wharton grads but there's just nothing to like about the guy. Ask yourself if he has ever done anything useful in this field, and the answer will always be no. He's never founded anything, innovated anything technical and has just been a yes man to Larry and Sergey.

Re: Sundar Pichai received $226M compensation, boosted by a triennial stock grant

#446
post #190

Earlier quoted context omitted.

The larger the company, the larger the power differential between employer and employee. Power comes with responsibility.

This doesn't answer my question at all. I asked about employees, not companies. What responsibilities should employees have?

First of all, we are talking about ethical responsibility here, not contractual or legal responsibilities. Generally, one’s responsibilities are related to the possible harm caused or contributed to by one’s actions that one is in control of. Concerning employees quitting their job, for example the tech lead of a small startup whose survival critically depends on their knowledge can be considered to have a bigger responsibility to not quit on short notice and without compelling reasons out of their control than, for example, a dispensable and easily replaceable entry-level dev in a big tech company.

Companies however also have some responsibility to not make themselves too dependent on individual employees, to the extent practical. The responsibility for the harm caused to the company by an employee quitting is therefore shared. This is in contrast to a layoff, where the employee usually shares very little responsibility for the harm caused to them by the layoff, because it’s largely out of their control.

Re: Sundar Pichai received $226M compensation, boosted by a triennial stock grant

#447

Earlier quoted context omitted.

> He’s destroyed googles reputation with developers. He has? How did he do that? Literally, curious, first I've heard of it. > Led Google to third place in cloud computing. You don't need to be number 1 to make a profit. > AND been thrashed by Microsoft / ChatGPT, putting Googles core business at risk. I suspect you think google search is their core business. When it's ads. Also, just because Microsoft is ahead just…

I think you may underestimate how much ads is dependent on search. Google ads is an attractive place to buy ads (as opposed to the n + 1 other web ad exchanges) because of the ability to place ads on Google search through that platform. If search and YouTube weren't dominant in their market, there would be no reason to choose to use Google ads as opposed to a cheaper ad exchange.

I think you underestimate how much of the ad ecosystem they own and control and probably overestimate how much search plays I to that.

There are no real other exchanges.

Re: Sundar Pichai received $226M compensation, boosted by a triennial stock grant

#448
post #398

Earlier quoted context omitted.

That's because they're doing the standard thing of spending tons on growth. Like nearly every company does.

Do you have any evidence that is the case or is it a gut feeling?

Pretty sure they‘ve openly stated it.

Re: Sundar Pichai received $226M compensation, boosted by a triennial stock grant

#449
post #367

Earlier quoted context omitted.

The fact that this is currently the third highest voted comment is just sad. As other sibling commenters have said virtually every sentence here contains ridiculous falsehoods or is just "r/antiwork" levels of nonsense. And it's not that Google doesn't have major problems, a lot of which can be laid at Sundar's feet, or that he's wildly overpaid. It's that these types of reactionary missives just miss the point in ev…

I disagree. The entire tech sector had one of the strongest labor positions in the country for the last decade. It was short sighted not to unionize. Now, layoffs are widespread, compensation is way down, while all the profits go to shareholders. This applies to Google and many other profitable tech companies.

Many, many people in the software industry, especially at a place like Google, absolutely do not want to unionize, and for excellent reasons. Pretty much every union in existence assigns value to union members based on tenure, and it pretty much assumes members are "interchangeable cogs" in most other respects. A lot of people reasonably hate that idea, because they know that they can negotiate for more based on their personal value to a company.

I'm not anti-union generally, and I'm glad to see a revival of unionization where it makes sense, e.g. places like Starbucks and Amazon, where workers are largely treated like interchangeable cogs by management already, and so a union improves employee bargaining power. And I also think it would make sense for certain areas of tech, and certain software companies, to want to unionize.

But this is Google. As others have commented, many software engineers at Google easily make hundreds of thousands annually in stock awards alone. I can't imagine any highly competent software engineer there wanting a union, because it means that their bargaining power is no better than the "average" software dev, which is obviously false.

I think Sundar's compensation is absurd, but I also think layoffs were warranted given the obscene levels of overhiring many of these tech companies did during the pandemic. And when you say "compensation is way down", at big FAANGs that is largely due to the value of stock awards, but many people would rather get compensated in stock to begin with - Google employees especially reaped gargantuan rewards up until 2022 based on stock.

Re: Sundar Pichai received $226M compensation, boosted by a triennial stock grant

#450
post #40

Earlier quoted context omitted.

> Remind me again how big-co CEOs assume "all the risk"? Does anyone seriously believe this? I see it all the time as a "comeback" against CEOs, but I don't think I've ever seen anyone arguing that they actually are the ones that assume all the risk.

Zuckerberg took "full responsibility" in the last round of failures too. Though he isn't injecting his money back into the company. Full responsibility, but not too much.

How did you get from "taking all the risk" to "taking full responsibility"? Both mean entirely different things and you can easily have one without the other.

i.e. a lead surgeon can and should take "full responsibility" for what happens in the OR, but they obviously neither can nor will (and I also don't think should) shoulder "all the risk" for what happens in the OR (or even most of it).

Post reply on HN