IIRC, part of the reason that so many countries have specific "here's money specifically for retirement" things (pensions, 401k here in the US) is that many people just don't plan far ahead very well.

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crazygringo 9 hours ago | parent [-]

If entry-level and lower-paid workers aren't saving money then that's understandable. That's why these government programs exist.

If you're an executive at Facebook, I think you have the ability to plan things well. If you still can't save any money, at that point it's hard to see how it's not just your fault.

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Arainach 9 hours ago | parent [-]

She wasn't an executive in the sense you're thinking and certainly wasn't hired as one. She was hired to work in an area Zuckerberg never cared about and never gave anywhere near sufficient resources to.

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crazygringo 9 hours ago | parent | next [-]

She's described as an executive and as a director in articles.

I don't know what other sense there is? And what possible relevance is there of the relationship between her role and what Zuck thought? I'm sure Zuck doesn't care much about accounting or HR either. Lots of well paid executives work in areas of corporations that aren't the founder's main focus. That's the kind of problem most people would love to have.

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Arainach 8 hours ago | parent | next [-]

Directing an area is very different from the title (or compensation) of Director, and it's certainly not equivalent to Director in a tech organization. SWW was hired as "Manager of Global Public Policy" but the book never indicates that she ever has reports or is a manager in that sense, which is generally a requirement to be understood or perceived as a "Director".

If you're surprised media articles don't ask questions and get basic facts wrong, go read any article about a topic you have direct experience with.

	▲	crazygringo 8 hours ago \| parent [-]
		The articles don't seem to have gotten any basic facts wrong. She had director in her title and reported directly to a vice president, Joel Kaplan, who is now a C-level officer. She managed staff. That's seriously high up in the corporate hierarchy at Facebook. Feel free to read more: "She managed a growing staff and oversaw government relations for entire continents, including Asia and South America. She reported to corporate vice presidents and had direct contact with Chief Executive Mark Zuckerberg and Sheryl Sandberg, then the chief operating officer." https://www.nbcnews.com/tech/social-media/facebook-alleges-h... So again, I don't what you mean by "wasn't an executive in the sense you're thinking". She's seems to be exactly an executive in the sense that everyone thinks.

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laserlight 7 hours ago | parent | prev [-]

> She's described as an executive and as a director in articles.

I once met with a person who used to be a vice president in a major US bank. I was impressed, until much later when I discovered that there were three thousand “vice presidents” in that bank.

	▲	modeless 4 hours ago \| parent \| next [-]
		VP is a low rank at a bank but a high rank at Meta. I would be very surprised if anyone at Meta with VP in their title made less than $1M total compensation. "Director" at Meta is also a high rank.
	▲	aix1 7 hours ago \| parent \| prev [-]
		In investment banking, VP is not a senior title (speaking from personal experience :)). The exact level hierarchy varies from bank to bank, but typically runs something like Analyst - Associate - (Associate VP) - VP - Director/Executive Director/Senior VP - Managing Director

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smsm42 3 hours ago | parent | prev [-]

The book describes Zuckerberg personally thanking her, repeatedly, for her work. It doen't look like something he didn't care about.