this post was submitted on 17 Sep 2023
1596 points (98.2% liked)

Memes

45419 readers
1381 users here now

Rules:

  1. Be civil and nice.
  2. Try not to excessively repost, as a rule of thumb, wait at least 2 months to do it if you have to.

founded 5 years ago
MODERATORS
 

She also made $29,000,000 in 2022 for herself, cause she worked so hard and made so many cars herself. Ha

you are viewing a single comment's thread
view the rest of the comments
[–] Veedem@lemmy.world 26 points 1 year ago

Because executive pay is largely given in shares, so it incentivizes the leadership to invest funds in buy backs to inflate the price of the very shares they own instead of investing that money into employee pay or other company centric initiatives.