Why Musk is winning
(media.kotakuinaction2.win)
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A couple months salary. Full cobra coverage. Automatic bearing of complete 401K.
Yeah. That’s a pretty sweet deal if you’re gonna get fired anyways.
CEO compensation packages leave them able to retire with multiple expensive houses. These are the higher ones:
If you fired and weren't already looking for a job, 2 months salary just covers your bills until you get a new job. That's a nicety...it's not a lot.
An equivalent payout for lower level employees would be like they get $750k, enough to retire but only if they're really stingy.