this post was submitted on 28 Dec 2023
226 points (93.5% liked)

Work Reform

10006 readers
54 users here now

A place to discuss positive changes that can make work more equitable, and to vent about current practices. We are NOT against work; we just want the fruits of our labor to be recognized better.

Our Philosophies:

Our Goals

founded 1 year ago
MODERATORS
you are viewing a single comment's thread
view the rest of the comments
[–] Fleamo@lemmy.world 23 points 10 months ago (9 children)

It's not for doing nothing, it's for doing things he already did. He got the stock as part of his compensation plan at Microsoft.

And a dividend of $0.75 per share is 0.2% interest at the current share price, he could get more in a savings account and 20x that in a CD or something. The dividend isn't crazy high. He just had a shitload of their stock.

Executive compensation as a whole is a story, but Steve Ballmer is not doing anything particularly noteworthy.

[–] iraq_lobster@slrpnk.net -4 points 10 months ago* (last edited 10 months ago) (7 children)

stock ownership need to have an expiration date. Sure he did work to reclaim the gains of these shares, but at a certain point these stocks need to be relinquished and shared among the real contributors of the company so they could also get a taste of their work. You can't keep leeching off of people like this all the time, or whats the point of having kids and procreation overall ? Even 1 billion$ isn't much to make a globe changing endeavour like space travel, but its too much that if he chose to keep having coke injected directly into his body for the rest of his life he would still have money left. The mere existence of this person is just a nuisance, like many anonymous others

[–] Aux@lemmy.world -3 points 10 months ago (1 children)

If someone introduces such bull crap you will lose your pension.

[–] iraq_lobster@slrpnk.net 2 points 10 months ago* (last edited 10 months ago)
load more comments (5 replies)
load more comments (6 replies)