Meta proposed a new profitable plan of executive branch, The field according to the new plan, managers can receive an annual bonus of 200 percent of the basic salary, which compared with 75 percent. This happens immediately after META announced broad dismissals Field
The META board on the Board of Directors approved the change on February 13 on the grounds that “targeted total monetary compensation” for its leaders “was on or below the 15th percentile of the targeted total compensation of the cash leaders who occupy similar positions” in the competitor. Company. It is worth noting that the new bonus plan does not apply to General Director Mark Zuckerberg. However, do not worry about his profit, as he costs almost $ 250 billion.
META also decided to reduce its annual distribution of options by promotions by about ten percent for thousands of its usual employees, An accurate reduction can differ depending on where the employees live and what they do, but Meta has not yet commented on the solution.
As noted earlier, Meta is in the process of dismissal five percent of its global labor. And this despite the fact that the company's shares have grown by almost 50 percent over the past year, and the current price of shares is about $ 687 per share. In addition, he recently announced that her income in the fourth quarter increased by 21 percent compared to last year to more than $ 48 billion. The company has Over the past couple of years.
“The ongoing organization will quickly fulfill its highest priorities. People will be more productive, and their work will be more fun and useful, ”Tsuckerberg said in the tail of last year. Nothing speaks of “cheerful and performance” more than observing how your colleagues quit, while the leaders receive huge bonuses.
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