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Meta approves Bonuse up to 200% for company executives


Facebook home company Meta He recently announced that he had approved Bonuse up to 200% for company managers.

In submitting the application with the Securities Commission (SEC) of February 13, the target said that its compensation, appointment and management (CNGC) approved an increase in the targeted percentage of bonus for appointed managers except CEO Mark Zuckerberg.

Change increases bonuses with 75% of the basic salary of the appointed executive official to 200% of their salary and would begin to enter into force with the annual period of the company’s success 2025.

“In the approval of this increase, CNGC believed that the targeted total financial fee for appointed executive officials (except executive director) was at or below 15. The percent of the target total compensation of managers holding similar positions in the peer group of companies to compare the company against the executive fees, “Meta said.

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The target has announced a change in its executive bonus structure, which will allow appointed executives to receive 200% of their salary, which is an increase of 75%. (David Paul Morris / Bloomberg via Getty Images / Getty Images)

With a change, the total cash fee for non-CEO Meta executives “It drops to about 50. The percentage of aimed cash fee of a peer group.”

Dice Security Last Change Change %
Target Meta platform Inc. 683.55 -11.29

-1.62%

Higher bonuses come after the meta signalized in mid -January that they will to reduce 5% of your workforce on the basis of performance. Zuckerberg said in a memory: “I decided to lift a tape to manage the performance and move the low performance faster.”

“We usually manage people who do not meet expectations during the year, but now we will make more extensive reductions on the basis of performance during the year,” he said.

Meta cutting 5% of the workforce based on performance

Meta CEO Mark Zuckerberg recently announced that the company would reduce 5% of its work forces based on performance. (Reuters / Manuel Orbegozo / Reuters)

Meta said he plans to reach 10% of “irregular” exhaustion before the end of his current performance cycle. This figure includes about 5% without beating from 2024, according to the letter.

The target, which is at the same time Instagram home companyWhatsApp and Oculus, apart from Facebook, noted that his supplies had increased by about 14.8% from the beginning of the year.

Last month Zuckerberg said the company plans to invest up to $ 65 billion in the company Artificial intelligence (AI) initiatives.

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In a Facebook post, he wrote that 2025. “There will be a decisive year for AI,” and said that he expects a “Meta AI company to be a leading assistant serving more than one billion people, Llam 4 will become the leading state of art model, and we will build Ai engineer that will start to contribute to the amount of code to our efforts for research and development. “



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