Now this is how you treat employees!!
LinkedIn CEO Jeff Weiner announced on Wednesday evening that he is giving away his ENTIRE $14 million executive bonus — to his own employees!!!
The social media exec revealed that he’s doing the good deed to ensure that his staff has an incentive to stay at the company, with a spokesperson telling Re/Code why Weiner decided to do this now:
“Jeff did not receive an equity package this year at his request. He asked the Compensation Committee to take the stock package he would have received and put it back in the pool for employees.”
LinkedIn’s stock has fallen HARD in the last month, so not only does Weiner want to do something nice for his employees, he probably wants to make sure they will stick around through what might be some tough times.
And hey, when you split it all up, it’s probably not a bad little bonus for every LinkedIn employee!!
What if your boss did this?!
[Image via Jeff Weiner/Twitter.]