Seems there's a case to be made for SAP to alter any future contracts of that nature to contain a clause that if you're leaving for a serious breach you get nothing. Willy Wonka style.
Any competent exec should be able to logically weigh the consequences of their actions. If something will get them fired and they choose to do it anyway, they deserve to be fired. That's not a perverse incentive, it's weeding out incompetents.
What does competence have to do with anything here?
Certain people are not fit to be leaders, because they have abusive personality disorders; unfortunately many of them currently are in leadership positions.
Bad leaver clauses are difficult to enforce. What this person has done may not be an undisputed breach of company policy. More like what observers would consider subjectively unethical conduct that is potentially damaging to the company’s reputation. But which a court may not see as something that voids early termination bonus payouts.
On the bottom line, the €7m cash payout is a rounding error on the company’s balance sheet. And now it is off the books and will not trouble them and create negative headlines for a protracted period of litigation in court.
Unfortunately since these sorts of arrangements are pretty standard nowadays, companies that don't include them will be at a disadvantage when looking to hire executives.
I love how, idk, 5000 years into civilization we, as a species, still can't consistently find ways to keep psychopaths from screwing the rest of us without them getting enough resources to last the majority of people in a given society a lifetime.
You gotta be willing to be an arsehole to some level at least, to reach upper levels of management. It is no surprise that most leaders in big companies are some levels of psychos. I don’t think someone like Mr.Rogers can run SAP, no matter how brilliant they are
The more a position is competitive and the more likelly it is a psychopath will have it.
Think of it this way: to be a piano teacher, you have to be good at piano and good at competing with other teachers. The hard part is becoming good at piano. The fact that there are other piano teachers in the vincinity does not really prevent anyone to establish himself as a new one. So, it's not very competitive.
To be the CTO of a fortune 500 though, you must be good at whatever skill is needed of a CTO but you also have to fight hard against all others candidates. So the position is very competitive. If you reach it, it's mostly because you are good at competing for a rare position; it is secondary whether you are technicaly better or not.
Psychopaths, because they feel no shame and no remorse, are much better than average at competing.
I wonder if you could solve that by having a lottery for all of the people who get a job as a part of a C-suite in, idk, the Fortune 500.
Each year at random, one gets selected for having all of their earthly possessions removed from their control. Now, that's a population of over 1000 people, so your odds of becoming utterly destitute aren't high, but they're not zero.
It does not matter, the intent is obvious no matter how they try to spin it, the damage has been done.
I am uninstalling Firefox after 16 years of sustained everyday use in dual-browser split setup alongside Safari. I will also make sure everyone I know still using FF gets the note.
I am going back to Chromium-based browsers that are openly "sell-your-data" from day 1 and I am willing to accept the Google monopoly if it means that dung beetles like Firefox are not able to prey on loyal supporters by bait-and-switching the ToS whenever they feel like. Hopefully their telemetry shows them a good picture of how their decisions affect their market share.
Hell, my 2011 issue about wrong handling of ::first-letter pseudoclass on bugzilla hasn't got a single meaningful update since, but I was willing to sacrifice the standards compliance for the promise of "privacy". There is no more privacy.
Since Mozilla _may_ sell your data, your going to abandon it for Goggle? Who will _definitely_ sell your data?
This is irrational.
There is LibreWolf, Brave, Palemoon, just to name a few browsers that have not made the terms of use statements that the Mozilla foundation has just made, and that the goggle corps has made all along.
Supporting the "Google monopoly" is not good for user rights. People who don't understand these issues run it because they don't know any better. People who do know better shouldn't use it, at all.
Legalese heavily errs on asking too much, and maybe the possibility without bad intentions triggered users, maybe, but honestly, there's a bunch of flaws we've seen over time and this was more like the not so little drop that spilled the glass.
Instead of privacy, users have been force-fed unwanted "features" that so happen to need external services instead of others like a UI revamp that made Sidebery and Containerise unnecessary.
The only recent good feature I recall is the offline translation, prior to that it's gotta be the sync server that you could host yourself, and the reading mode that helps reading the web in its increasingly bloated downfall.
The US hasn't put as much in compared to Europe as they'd have you believe. Whilst Europe has sent fewer weapons, they've been supporting monetarily. And the US was sending stockpiled weapons, marking them at book value, and then reinvesting that money into US defence firms to buy new weapons.
And let's remember that most of the Ukrainian refugees have been hosted in Europe [1], something for which I am proud of being European. This has a monetary cost that Trump's administration seems to ignore when they keep saying that the US have spent far more than Europe to help Ukraine.
A good 10 years ago or so I was running a solution that used RDF Quad Stores - and the best one at the time (after trialling 4Store, Marklogic and some others I can't remember) was OpenLink Virtuoso - how they managed to fit a performant distributed Quad store into what started life as an SQL engine was impressive.
I've left that world now, but if you're in the market for a graph store again, it might be something to look at.
Did you miss the part where people pay for their broadband connection? Recurring income is usually used by internet service providers for ongoing maintenance.
Or do you think the price paid is too low to support ongoing maintenance? In which case ... that doesn't appear to be the case from other FTTP providers that have sprung up over the years ... it points to price gouging from monopoly incumbents.
That's why the sensible buy their EV second hand. I got a 1 year old demonstrator with low miles (3500 on the clock) for 30% less than buying a brand new one.
With an OBD dongle to check the true state of the battery, it's not a risky proposition, and the 7 year warranty on the car and 8 year warranty on the battery means I have some peace of mind.
Only problem with the Niro is that depending on which year you get, it's not possible to get a proper read on how much the battery has degraded with an OBD dongle - something the E-GMP based cars in Kia and Hyundai's lineup allow you to see quite easily.
But yes, my car is now almost 2 years old (Kia EV6 AWD GT Line) and so far when its lost around 600Wh of capacity, so less than 1%.
I bought a 1 year old low mileage Kia EV6 (AWD GT Line) - 3500 miles on the odometer.
This means I avoided the first year depreciation.
But having an EV also allowed me onto the Intelligent Octopus Go tariff ... which gives the entire house electricity for 7p per kWh during intelligent dispatches (half hour blocks where the grid is greenest and if you're plugged in they'll charge your car) but also between the hours of 23:30 and 05:30.
Because I have a PV array + battery storage, and can charge from the grid, in the winter I charge the battery overnight, and most days get to 23:30 with charge left in the battery because the Solar has been enough to keep me topped up during the day. So my cost for electricity over the winter, because I have an EV, was about 6.9p per kWh.
This all factors in to make it a no-brainer for me. Driving for around 2p per mile (versus 20p per mile in my previous car, a 1l Focus Ecoboost), but also my household usage even in the winter is much cheaper. And then during the summer I build up a big buffer of credit by exporting excess Solar.
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