Good News! Zuckerberg's Meta Approves Up to 200% Bonuses for Employees on Base Salary
Here's good news for Meta employees, as company announced bonuses of up to 200% to its employees. Meta's board of directors has approved a new executive bonus plan that allows top executives to receive bonuses up to 200% of their base salary.
Meta approves bonuses of up to 200% for executives
Executives at Meta have been approved for targeted bonuses up to 200% of their salary, the company revealed in filings on Thursday, while the company is in the process of laying off 5% of its workforce.
Amid Layoffs, Meta Bumps Max Executive Bonuses to 200% of Their Base Salaries
Executive officers at Meta can now get up to 200% of their base salary in the form of an annual performance-based payout, up from 75%.
Meta is increasing executive bonuses to 200% of their base salary
Meta has approved a major increase in executive bonuses amid strong Q4 earnings and a recent layoff of so-called “low performers.”
Right after sweeping layoffs, Meta says it will give executives bigger bonuses
At Meta this month, top execs and rank-and-file staff have been on wildly different rides. First, the Menlo Park company started laying off thousands of workers, with CEO Mark Zuckerberg framing the 5% cut as a way to “move out low-performers faster.
Meta approves massive bonuses for executives after broad layoffs
Meta has offered up a lucrative new executive bonus plan, according to a company filing released Thursday. Under the new plan, executives could earn a yearly bonus of 200 percent of their base salary,
Meta Approves Executive Bonuses Up to 200 Percent After Laying Off 1 in 20 Workers
Your company should consider the message this sends to the non-executive workforce, and not follow the tech giant's example.
Meta offering 200 percent bonuses to execs after laying off thousands
Meta recently recently reduced its employee stock options by 10 percent, Business Insider reported, as its market value has gone up. On Feb. 10, Meta released an internal memo to
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