• Ilandar@aussie.zone
    link
    fedilink
    English
    arrow-up
    0
    ·
    22 days ago

    So are any of these VCs taking pay cuts themselves? Some are on exorbitant salaries.

    • macrocarpa@lemmy.world
      link
      fedilink
      English
      arrow-up
      0
      ·
      edit-2
      21 days ago

      Yes. VC for ANU has done 10% voluntarily and asked senior leads to do similar or opt out of annual salary increase.

      Melbourne, Monash, UniNSW who knows.

      Edited to add - she was on about 1.2 million per year so doing a 10% reduction in salary is probably a role saved.