SUBSCRIBE: Free email newsletter

Human Resources

Toggle

Article

mark zuckerberg

Zuckerberg’s base salary falls to $1

Have you done anything impressive in the area of recruitment and talent acquisition? Of course you have. Don’t keep it a secret, enter it into the Asia Recruitment Awards! Position your company as an employer of choice at the Asia Recruitment Awards - entries open now!

Mark Zuckerberg, founder of Facebook, has taken a very steep drop in his annual base pay.

Last year, he was paid $1, down from the US$503,205 he received in 2012.

However, according to Bloomberg, Zuckerberg isn’t the first successful CEO to ask for a token base salary, and is merely following in the footsteps of Apple’s late Steve Jobs, and Google’s Larry Page and Sergey Brin.

That being said, Zuckerberg still received $653,165 in total compensation last year, down from US$1.99 million in 2012.

The 29-year-old, who is valued at US$27 billion, also made US$3.3 billion in 2013 through stock options.

Other senior Facebook executives also saw a dip in salaries last year, including COO Sheryl Sandberg who received US$26.2 million in 2012 and US$16.2 million last year, and CFO David Ebersman, who received US$17.5 million in 2012 and US$10.5 million last year.

Image: Shutterstock

Have you done anything impressive in the area of recruitment and talent acquisition? Of course you have. Don’t keep it a secret, enter it into the Asia Recruitment Awards! Position your company as an employer of choice at the Asia Recruitment Awards - entries open now!

Read More News

Trending

Leave a Reply

You must be logged in to post a comment.