Here's how much the richest man in the world pays his employees

Namely, Musk is the CEO of several well-known companies that issue rather large paychecks.He has been criticized for his strict management approach, where employees are often expected to work unconventional hours for long periods.In a world that imposes remote work, Musk has resisted change. As things have returned to normal in recent years following pandemic-related restrictions, Musk has said that if employees don&#39;t want to return to the office, &quot;they should work somewhere else.&quot;Although his reputation has declined since his takeover of Twitter (now X), most people would still love to get a job at Tesla, SpaceX, or even X.In last year&#39;s Benzinga poll, 69% of participants said they would like to work for Musk, 40% said yes, while 29% said they would if the pay was good &mdash; and let&#39;s be honest, the pay is impressive.According to a report by Business Insider, Tesla pays most of its employees between $85,000 and $175,000 a year. Here&#39;s a look at some of the average salaries for different positions at electric vehicle company Tesla:Logistics Analyst: $85,333Associate Production Engineer: $93,983Quality Assurance Engineer: $104,221Global procurement manager: $119,890Technical Program Manager: $120,083Senior hardware engineer: $142,342Electronic Design Engineer: $161,157Mechanical Design Manager: $173,200Software Development Engineer: $175,703In a separate Insider article, one of the founders of SpaceX, Jim Cantrell, recalled his time spent working with Musk, the Investor reports.&quot;Working with Elon was like working with two different people: the good Elon and the bad Elon, and you never knew what you were going to get,&quot; Cantrell said.His good side was fun, charming, and full of big ideas, but his bad side consisted of lot of frustration and yelling.A former SpaceX employee noted that Musk has always thought &quot;big&quot; and would expect you to do the same if you worked there.In an interview last year, Musk revealed that he fired about 80% of X&#39;s staff after taking over the $44 billion social media platform. Maybe it&#39;s because the salaries of the remaining employees are so high.Data from Glassdoor and Indeed show that CEOs and group managers earn more than $235,000 a year, data scientists average about $167,000, and analysts earn close to $135,000.In March of last year, a leaked staff email revealed that the billionaire had offered $20 billion in stock grants to Twitter employees. The grants will be awarded for four years, and Musk seems quite optimistic about the future value of the platform.&quot;I see a clear but difficult path to a valuation of over $250 billion, which means the shares that are now approved would be worth ten times that,&quot; Musk told employees.

Here's how much the richest man in the world pays his employees

0 Komentari