This time there are no layoffs but an increase in bonus for managers

Mark Zuckerberg continues with his plan to speed up the goal structure and prepare it to face the challenge that his AI presents. One of the most controversial measures of that plan has been the 5% of your workforcebut not the only one.

In one Corporate communication At the SEC, goal confirmed “an increase in the percentage of objective bonus” in the Annual bonus plan for executives of the company. With this new bonus plan, Meta managers could get a bonus of up to 200% of their base salary, instead of a maximum of 75% of their salary they could reach so far.

More incentives for executives, less for employees

The new bonus plan presented by the company would not affect the remuneration of Mark Zuckerberg which, as CEO and founder, receives A symbolic salary that is complemented with A personalized bonus that compensates.

The increase in executive bonuses arrives at a time of tension between the template after the dismissal of goal to which low performance was attributed in their work.

However, as the company itself confirmed, these layoffs occur in the context of strategic change to focus on the development of AI, Not due to economic problems. Something that confirmed the 21% increase in the benefits that Goal communicatedJust a few weeks ago.

The Board of Directors approved this increase in Bonus for managers with the aim of being more competitive at the salary level “was in or below the 15th of the total compensation in cash of executives who held similar positions.

After this increase, the total compensation in cash for the appointed executive officials (except the Executive Director) falls approximately in the 50th of the target compensation of the peer group “, can be read in the document presented by the finish line to the target to the Stock Exchange Commission (SEC).

This increase also coincides with the announcement of the 10% trim in rewards For shares -based employees that he published he Financial Times last week. This measure affects, to a different extent, tens of thousands of employees who will receive less actions as a complement to their salary, just at the time these actions have risen 47% during the past year.

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Image | Flickr (Techcrunch)