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Meta confirms up to 200% bonuses for company executives


Facebook parent company Meta Recently, for the company’s managers, up to 200% bonuses confirmed.

Concluded on February 13, along with the Securities and Exchange Commission (SEC), the target bonus percentage increased to executives, except for the management of meta, its compensation, Nomination and Management (CNGC), said Mark Zuckerberg.

The change increases bonuses from 75% to 200% of the salary salary of the executive officer’s base and will enter into force with the 2025-year performance period.

“When confirming this increase, CNGC, for executive officials, as well as the target of the target of the CEO in similar positions in the PEER group, is under the 15th percentage of cash compensation or low levels of cash or low levels for the company’s executive compensation He stressed the opposite criteria, “said Meta.

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Meta headquarters

Meta has announced a change of executors to executors who will allow 200% of the wage of the CEO of CEO, which permitted to 75%. (David Paul Morris / Bloomberg Getty Imager / Getty Images)

With the change, the total cash compensation of CEO Method administrators “About 50th percentage of a peer group’s target money compensation.”

Ticker Safety Last Change Change%
Meta Meta Platforms Inc. Inc. 687.30 -7.54

-1.09%

The higher bonuses come after Meta signaling in mid-January Cut 5% of the workforce based on performance. Zuckerberg said in a memory: “I decided to raise the stamp on the performance management and get down the lower performers faster.”

“We are generally managing people who do not meet expectations within one year, but now we will make more performance-based cuts over the years,” he said.

5% cut off based on the performance of Meta Workforce

Meta CEO Mark Zuckerberg, Meta Constal, on September 25, 2024, organizes a basic speech at the Meta Connect annual event in the community's headquarters in Menlo Park.

Meta CEO Mark Zuckerberg recently announced that the company will cut 5% of the workforce based on performance. (Reuters / Manuel Orbegozo / Reuters)

Meta said he planned to reach 10% of the “unjust” charm until the end of the current performance period. This indicator includes a memory of about 5% of about 5% since 2024.

Meta, this Instagram’s parent companyIn addition to Facebook, WhatsApp and Oculus saw about 14.8% of the shareholder since the beginning of the year.

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

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In an article on Facebook, he said that 2025 “will be a certain year for the AI,” Meta would be a leading assistant of more than 1 billion people, Llama 4 Model and R & D efforts to contribute a growing amount of AI We will build an engineer. “



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