Meta CEO Mark Zuckerberg is lunch on the day of U.S. President Donald Trump’s second presidency in Washington, USA on January 20, 2025 Watch it at the meeting.
Evelyn Hawkstan | Reuters
The executives are Yuan Get a bigger bonus this year.
The company said in the company Register On Thursday, it had approved a “target bonus percentage increase” for its executive annual bonus plan. According to the document, Meta designated executives can receive a bonus of 200% of their base salary under the new plan, up from 75% they previously earned.
The documents state that the updated bonus plan does not apply to Chief Executive Officer Mark Zuckerberg.
The change was approved after the META board committee determined the “target total cash compensation” of its executives, which was in or below the peer company in the 15 percentiles of the total target of executives in the target company.
“With this growth, the target total cash compensation rate for the target executives (except CEOs) is about 50% of the target cash compensation for peers,” the document said.
The approval of the new executive bonus plan comes a week after Meta begins to provide 5% of its overall workforce. The company has previously said it would affect it Lowest performance.
According to one Report The Financial Times published Thursday. The report notes that the reduction in stocks may vary depending on where workers live and where they are in the company.
Yuan shares have risen more than 47% over the past year and closed at $694.84 on Thursday, highlighting investors’ growing enthusiasm for social media companies Sales volume Its potential in the digital advertising market AI investment In the end, it produced a generous reward.
The company said in January Fourth quarter revenue It increased by 21% year-on-year to $48.39 billion.
Yuan did not respond to a request for comment.
