Amid recent layoffs at Meta, the company has controversially increased bonuses for its top executive officers (excluding CEO Mark Zuckerberg) from 75% to 200% of their base salaries. This significant adjustment is meant to improve their standing in total cash compensation, moving from the 15th percentile to the 50th percentile among peers. For instance, CTO Andrew Bosworth could see his bonus rise to nearly $3 million, reflecting standard practices in Silicon Valley where the bulk of executive pay often comes in stock options rather than salary.
Meta approved sharply higher bonuses for top executives, increasing potential payouts from 75% to 200% of base salary, even amidst ongoing mass layoffs.
The executive compensation adjustment positions Meta’s officers' total cash compensation at the 50th percentile compared to peers, up from previous low rankings.
Andrew Bosworth's pay showcases how Silicon Valley compensates high-level executives, aligning with industry standards that often center heavily on stock-based rewards.
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