Word: compensationitis
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Zuckerberg: Well, no. [Pause.] I mean, we grant options to all of our employees. At this point we have more than 250. It's a core part of compensation, so you want to make sure you get it right for people. At some point in the future, if we get...
The root of Zou's troubles, like so many things in China today, can be traced back to the country's wholesale adoption of capitalism. Market forces were unleashed on what was once a sports system that cared for its athletes from cradle to grave, leaving Zou and tens of...
As for Gaddafi, in addition to deflecting blame for the epidemic, he appears to have benefited from a spurious accusation by winning some medical treatment and financial aid for the victims families. (The amount of money going to families is still unknown and both Bulgaria and the E.U. refuse to...
But the chronic complainer is another category. You know the type: if a lightbulb blows in his hotel room, he wants to be comped for a three-day stay. If the cable is down for a minute, the demand is a month's refund. Some people just love to play...
Carried interest is the main way partners in private equity and venture capital--and some hedge funds--are paid. The outside investors in a fund give the inside partners a share of profits (an interest) as compensation for their work. Compensation, whether the weekly pay of wage slaves or risky...