this post was submitted on 17 Nov 2023
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Had to have been a guaranteed position. Basically you take this job and no matter what happens we will pay you x million total . If you get fired we pay you this much total.
You just described the golden parachute that executives take, and that so many decry.
Yeah. Want me to take a job where I know I'm getting my ass kicked to make the decisions the board wants made? The hard choices the public will hate, but will keep the company afloat? (Or shoot people for a little more profit.) AND you want me to be the public face of those decisions? And I get to wreck my reputation after a lifetime of building it up? Golden. Chute. Please.
"Err mer gerd!1! I can't believe these filthy CEOs wreck shit and run away rich!!!"
Here's the part where some teenager comes in and says, "If I fuck up the fryer at McDonalds, I don't get paid to get fired!"
You weren't paid to fuck up the fryer. And the CEO didn't necessarily fuck up.
The board of directors tells the CEO what to do. Someone else responsible for my work? Yeah, I want a guarantee against them acting stupid. And they're betting they won't! Money on the table gents. Let's roll.