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Ina Steiner on EmailIna Steiner on LinkedinIna Steiner on Twitter
Ina Steiner
Ina Steiner
Ina Steiner is co-founder and Editor of EcommerceBytes and has been reporting on ecommerce since 1999. She's a widely cited authority on marketplace selling and is author of "Turn eBay Data Into Dollars" (McGraw-Hill 2006). Her blog was featured in the book, "Blogging Heroes" (Wiley 2008). Follow her on Twitter at @ecommercebytes and send news tips to ina@ecommercebytes.com.

4 thoughts on “eBay Announces New CEO Compensation after Wenig Departure”

  1. Perhaps I am not understanding, but every place I have worked or heard about, “Performance Bonuses’ are given if there is in fact a certain degree of performance past the usual job that they get a base salary for doing what they are hired to do. Not to make it sound like if they sit at their desks all day playing pickup sticks they will get it or like Donut-hole and his ‘thinking days’ twice a month for that he got paid so much for, how can you pay a bonus for what someone is thinking in their head? Bonuses are paying for excelling, for going way past a targeted goal for the company such as a bonus for increasing income 10% or some sort of criteria instead of just saying hey, on top of what you are going to make, and your benefits and free drinks at the Walker bar, you will also get a bonus without you having to hit any measurable outcomes. The $125,000 bonus becomes $1,500,000 over the course of a year or to put it simply $4109 per day including Saturdays and Sundays. This guy will be paid a small fortune to find more ways to makes sellers poorer and poorer, while eBay continues to line the pockets of these guys. And that is what they earn the bonus for by finding more money to put into executives pay kitty while stealing it from sellers who can’t stop selling as long as they are making something as they need what little income they get to pay for so they can eat and keep the lights on. I don’t care how much is the usual and customary income for CEO’s, this is ridiculous and I didn’t even include all the stock options as well. I worked as an RN until I had to go on disability and I never even made $4000/month and I literally have saved people’s lives and helped people walk out of the hospital instead of needed to be wheeled out, and yet my service was never considered to be more important than these jokers. How do I apply to be CEO? At least I understand and have bought and sold on eBAY.

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