Cookies on the Business Insider India website

Business Insider India has updated its Privacy and Cookie policy. We use cookies to ensure that we give you the better experience on our website. If you continue without changing your settings, we\'ll assume that you are happy to receive all cookies on the Business Insider India website. However, you can change your cookie setting at any time by clicking on our Cookie Policy at any time. You can also see our Privacy Policy.

Yahoo CEO Marissa Mayer Just Received A $1 Million Bonus

Jay YarowMar 7, 2013, 17:54 IST

Stephen Lam, ReutersYahoo CEO Marissa Mayer was paid a $1 million bonus for her first five and a half months on the job, according to an SEC filing.

She's eligible for a $2 million bonus each year, but since she only worked half the year, she only gets half the bonus.

Yahoo's stock is up 46 percent since she took over. While Yahoo's earnings may not reflect big changes, Mayer has tried to change the culture at Yahoo.

She overhauled the executive ranks.
She gave all employees smartphones running Apple, Google, or Microsoft's software. The hope is that they'll start thinking about how to make the next generation of mobile apps to power Yahoo's future.
She also gave employees free food, which should encourage them to hang at Yahoo's offices longer. It should also encourage interaction between employees.
And, most controversially of all, she ended employees working from home. They now have to come to the office.