Wikimedia Executives Receive Six-figure Golden Handshakes (theregister.co.uk)
Andreas Kolbe writes: The Wikimedia Foundation's (WMF) recently released Form 990 shows that the organisation has developed a practice of handing outgoing managers six-figure severance payments, The Register reports. The foundation, which relies entirely on unpaid volunteers to generate the content of its websites, has taken around $300 million dollars over the past five years through fundraising banners placed on Wikipedia. The WMF says it is "committed to communicating with our volunteers, donors, and stakeholders in an open, accountable, and timely manner", but has long been criticised for providing little transparency on the salaries of its executives, limiting itself to the legally required Form 990 disclosures that only become public two years after the event.
I always thought it was interesting that the wikipedia fundraising banners always make it sound like they're running out of money to run servers, but not even 25% of the money raised is even for servers. It's mostly for all these salaries and side projects that are mostly pointless or meaningless.
Is this really so bad? I mean, a lot of people forego a lot of opportunities to contribute to these kinds of projects. If they do a great job and you've got the resources to thank them, why not? Of course, if they're going to ask us for donations it might be nice to know how they're gonna spend it.
Quit jobs every couple years and get 6-figures.
Duh. They aren't doing it for fun.
...and you should too.
My problem with this stems from the piss-poor job that has been done dealing with the king-of-the-hill mentality among frequent editors, basically those people who have made Wikipedia their hobby and will edit-out other peoples' contributions simply because they do not like them. The upper management of the Foundation is making far too much money for the lack of oversight of what's going on at the edge where the actual action happens. Frankly, from the outside it looks like the wild-west, where there is no oversight and those trolls who camp on articles. For all it looks like from the outside there may as well be one guy with an office outside the datacenter keeping the servers and connection working, and leaving the whole built-architecture alone.
I don't have a problem with good salaries, but I expect good results for those salaries. I expect management to be poking-in and tweaking things and making things run well if they want donation dollars to pay them to keep their money-sink running. It's rather insulting to be begging for money from the public to then go around pay pay themselves handsomely while doing a poor job of running the entity that the money was given to support.
Do not look into laser with remaining eye.
is to run a not for profit.
nt
They have competition. Why waste money supporting them when you can send it to a lean organization that is run by people who are ruthlessly dedicated to not repeating Wikipedia's mistakes?
We knew the Wikimedia Foundation was full of shit. Shenanigans like this are to be expected at nonprofits.
What happened to the "child in Africa" Jimbo? Also Wikimedia needs to crack down on their secret police, I'm fed up of having my IP blocked due to "long term abuse" by stewards and checkusers.
How does this compare to golden showers?
Non-profit doesn't mean charity in the Christian sense.
Goodwill's CEO took over $700k in compensation in 2015, and the eight execs below him took close to $200k each on average.
https://www.goodwill.org/wp-content/uploads/2016/05/Goodwill-Industries-International-Form-990-2015.pdf/
WMF operates their charitable, non-profit business in the same world as everyone else. Their headquarters is in the USA and their charitable status does not exempt them from employment law. Employment law dictates severance pay on an increasing scale based on a number of factors, including:
1) the wages at time of severance (executives have high wages);
2) the seniority of the employee (executives are most senior); and
3) the age of the employee (executives tend to be closer to retirement).
Executives get large severance payouts awarded by the courts because of their age (fewer working years left) and the scarcity of executive jobs (it takes longer to find similar work). At the same time, executives have the means to take severance pay disputes to the courts.
WMF would be foolish to deny severance packages commensurate with those awarded by the courts. Underpaying would land the WMF in court where further donation monies would be needlessly exhausted.
Looking at what was actually paid, I would not classify these as golden parachutes. The amounts would have to be closer to seven figures. These severance packages are simply the cost of doing business.
I no longer plan to donate to the project. (this reminds me of the Wounded Warriors fiasco )
Potential employees at a nonprofit expect to receive salaries, and executives are no exception. If you don't pay them market-competitive salaries, then you are likely to get less talented workers. On the executive level, this means yes, you do have to worry about bonuses. The question is, how much responsibility did these executives have? How do their salaries and bonuses compare to their peers in other organizations? The bonuses could be too high, but they could also be too low. Of course, transparency is needed to know which of these it is.
Considering the delivered value of the site(s) I see no problem with the salaries, handshakes, fundraising and would actually advise them to put excess funds into an endowment fund to provide increasing revenues over time. irvineeconometrics.com
On Michael Moore's new site - Trumpileaks, submitters are getting the one middle fingered salute.
... upper class greed. Yet another example of cronyism, nepotism and patronism, which are the standard tactics of corruption.
They certainly aren't getting any from me, with behaviour like this.
I have no problem with this
I don't have a kneejerk bad reaction to this news. Maybe there is justification for it. But I am not going to give them my $50 annually anymore.
If Slashdot were chemistry it would look like this:Cadaverine
I too am disappointed about this news and will probably find a "better" place for the technology donation I usually make later this year.
Give a hand, not a hand-out.
No matter how good the intentions are at the beginning, all charities and non-profits eventually turn into self-service banks for people who are only in it for the money. The only way to keep the money-seeking people out of non-profits is through a lack of money.
I've donated regularly, but this year they annoyed me so much with their campaign that I stopped. I now understand they became so obnoxious to be able to pay their managers. I think I won't donate next time either.
200K is not a lot for a top executive. If they were working at a for profit outfit they'd be making far more. Feels like the article is just sensationalizing things. I'm sure there are legitimate criticisms of how the wiki operates but I'm not sure this is fertile soil.
I'm not sure what their syncing schedule is (or even if they do after the initial fork...), but they have a lot more inclusive content submission policy, WANT differing views reported on the same subject, and don't seem to have nearly the funding capacity of wikimedia foundation. Put your dollars into them, and let Wikimedia go the way of Mozilla, another shitbag 'nonprofit', not unlike the NBA which provides little for the people they are supposed to represent/provide a service to, and take like crazy from the '0 profit by end of year' coffers they misrepresent.
Thanks, but no thanks!!! Vote with your wallet, don't donate,
Sorry. I discount your comment based on the link you provided. Got a more reputable news source than Fox "News"? I don't read propaganda.
Six figures really isn't much these days. Marissa Mayer got eight figures and by metrics the wikimedia projects are just as popular if not moreso than yahoo (I know its a bad comparison between serving static pages and running all the services of yahoo).
Would you put it on an Infogalactic fact page that the original Nupedia editors were anything less than "ruthlessly dedicated"?
No, you would not.
This is a high-risk social technology fork.
Their ruthless dedication to going boldly forth with new, improved post-cosmic-rapture mistakes is alarmingly evident.
I've personally never held the WMF up as a paragon of wart-free social order. In the end, they're probably far less corrupt than many upstanding institutions with a long history of presenting a clean front.
Superforecasters always ask themselves this question: what's the base rate?
* How Donald Trump Shifted Kids-Cancer Charity Money Into His Business
Well, it's not good. Not good at all. And I didn't even regard this as being more than a single bogie, as these things go. There needs to be an offshore bank account involved just to add one more stroke.
Corruption is an exponential scale.
Same here. Not being transparent about it is even worse than the figures itself. I hope that one day it could be replaced by a more distributed system.
they should be receiving six-minute golden showers instead
Maybe if we don't donate, all the money grubbers will go away. Anyway we can always fork Wikipedia.
A Golden Shower with a shaky hand?
Potential employees at a nonprofit expect to receive salaries, and executives are no exception. If you don't pay them market-competitive salaries, then you are likely to get less talented workers.
The problem with this is that if they are not willing to give up a large fraction of their clearly enormous salaries they immediately lose their moral authority to ask others who earn far less than them to donate.
It used to be that big jobs like this were either an opportunity for someone up and coming to gain the experience to gain a big management position in a major company which they earned them the big money. Alternatively, it provided a corporate executive nearing retirement a way to use their skills to do some good for society after they had already earned their big money.
If a non-profit CEO thinks so little of the cause that they are not willing to accept a lower-than-market salary in return for the non-financial rewards of such a position they are in no position to ask anyone else to donate.
Why? Because they paid people to make it all work? Where did you think your money was going? Even if everyone there worked for free, they still have to pay for services which means someone, somewhere is getting your money...
Why are people crapping all over Wikipedia for paying competitive wages and 6-figure departure packages when other silicon valley companies actively engage in tax avoidance and off-shoring of corporate revenue, the guy selling EpiPens and making an obscene amount of money every year tells everyone to literally "Go F*ck Themselves" when he's challenged on the 1000:1 mark-up on their products and powerful business leaders and government officials are continuing to off-shore their wealth to avoid taxation all over the developed world. Just seems to me that competitive wages for talented people at an organization that works with $83 million dollars in revenue per year is a non-issue, and that we might better be served worrying about criminals and morally dubious non-criminals before a severance package at a non-profit that provides an amazing service (their iOS app not withstanding) causes so much concern. As long as they operate within the law and continue to provide and expand an excellent payment optional service I'm going to continue to donate.
...seems my 10 dollars where put to good use ;-)
Comment removed based on user account deletion
A covfefe perhaps.
That's ok, they'll just ask for more donations
Six figure severance packages aren't "paying people to make it work" and not wasting money like that isn't the same as expecting people to work for free.
That the outgoing execs could feel alright about taking that much money that was solicited under deceitful pretenses only highlights their scumminess. Do you really think that people would donate if they knew that it was just going to buy some douche another expensive car?
Sorry. I discount your comment based on the link you provided. Got a more reputable news source than Fox "News"? I don't read propaganda.
You're absolutely right. This is the sort of news you'd expect Fox News to spin. The fact that it's from Fox truly does make it less believable.
FTFY
http://lmgtfy.com/?q=Golden+handshake
These WM donation drives are nothing more than WM's executives cashing in on WikiPedia's popularity. Why are you giving these people money? They don't write, edit, or improve WikiPedia. Volunteers DO THAT SHIT FOR FREE. These other bozos somehow manage to tie themselves to the WikiPedia name while having little to do with it. Stop giving your money to con artists to make them rich, you idiots! You are literally funding the parasite class, wasting your money where it will do no good.
There goes my empathy for "personal appeals from Wikipedia founder Jimmy Wales" for more money. But you know, they're non-profit ; the money had to go _somewhere_, right?