this post was submitted on 07 Dec 2024
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Could someone explain Airbnb? Everyone has the same salary?
Brian Chesky, the CEO, gets an annual bonus of around the average of all employees salary. This is completely irrelevant as he is a co-founder and owns 10.6% of the company or around 67 million shares. So at the most recent share price that's $9.17 billion, at least on paper.
Such arrangements are common among tech companies.
Very likely the pay comes in different streams than the actual salary
Yes I don't think this image accounts for the different ways the rich are paid.
I know it's weird, because they have a lot of call center employees that handle various situations. Maybe those aren't counted in the graphic for some reason, because there's no way a call center employee is making close a quarter million dollars.
Let's talk about how the 'negligible' difference in pay of approximately 50k is more than a highly qualified teacher would make with ten years of experience in my state.
Maybe it's rounded down