Jensen Huang, the CEO of Nvidia, revealed in a recent interview that he personally reviews the salaries of all 42,000 of his employees, MSN reports.
In an AI-themed panel on the All-In podcast, the tech billionaire described the practice as a key part of his management strategy that has even helped the company’s top executives.
Mr Huang reportedly stated that he finds time for the rigorous review process despite his busy schedule. He added that he uses machine learning and other tech as part of this process every month.
When asked about speculations that he maintains a hidden reserve of stock options to reward top-performing employees, Mr Huang said, “I review everybody’s compensation, up to this day, at the end of every cycle. They send me everybody’s recommended comp. I go through the whole company. I sort through all 42,000 employees, and 100% of the time I increase the company’s spend on opex.”
“If you take care of people, everything else takes care of itself,” he explained.
The strategy has been particularly beneficial for the company’s leadership. A recent surge in its stock price saw three of Nvidia’s board members become billionaires, and in autumn 2024, Mr Huang joined Forbes’s list of the world’s top 10 wealthiest individuals.
During the podcast, he claimed that he seeks to compensate all his workers handsomely.
Source: MSN
(Quote via original reporting)
Jensen Huang, the CEO of Nvidia, revealed in a recent interview that he personally reviews the salaries of all 42,000 of his employees, MSN reports.
In an AI-themed panel on the All-In podcast, the tech billionaire described the practice as a key part of his management strategy that has even helped the company’s top executives.
Mr Huang reportedly stated that he finds time for the rigorous review process despite his busy schedule. He added that he uses machine learning and other tech as part of this process every month.
When asked about speculations that he maintains a hidden reserve of stock options to reward top-performing employees, Mr Huang said, “I review everybody’s compensation, up to this day, at the end of every cycle. They send me everybody’s recommended comp. I go through the whole company. I sort through all 42,000 employees, and 100% of the time I increase the company’s spend on opex.”
“If you take care of people, everything else takes care of itself,” he explained.
The strategy has been particularly beneficial for the company’s leadership. A recent surge in its stock price saw three of Nvidia’s board members become billionaires, and in autumn 2024, Mr Huang joined Forbes’s list of the world’s top 10 wealthiest individuals.
During the podcast, he claimed that he seeks to compensate all his workers handsomely.
Source: MSN
(Quote via original reporting)