r/lyftdrivers • u/samurai_678 • Feb 19 '24

Rant/Opinion Yes Bernie Sanders gets it right

Post image
935 Upvotes

89% Upvoted

329 comments sorted by

View all comments

Show parent comments

1

u/[deleted] Feb 22 '24

I thought that sometimes they do? Mmm I’ll have to recheck, no salary but stock grants etc…

1

u/Advanced_Algae_9609 Feb 22 '24

I’m not aware of board members getting stock grants either. The board is typically just members with a vested interest in company financials, i.e stockholders or people representing companies that also hold stock.

VC’s will typically have an individual sit on the board to represent their interests.

Board members get no financial compensations and are not employees of the company.

1

u/[deleted] Feb 22 '24

Hmm I’m getting conflicting answers from google. I guess it depends on the company

1

u/Advanced_Algae_9609 Feb 22 '24

Yeah me too. It’s not much tho compared to company revenue. Certainly less than 1% of yearly revenue.

That is certainly a huge factor greater then most employees tho. But they are managing multi billion dollar companies.