After the numerous problems in 2011 that Netflix has encountered under the leadership of Reed Hastings, it’s comforting to know that his stock option allowance has been slashed for 2012.

Sure, that means that the value of his stock options has dropped to $1.5 million, but seeing that his reimbursement has fallen to that amount, I hate to know what it would have been otherwise because I have always believed that there is little that warrants what many American CEO’s manage to earn.

Especially since they aren’t the ones doing the heavy lifting.