Re:What Silicon Valley gets about engineers that traditional...
by tinix on Tuesday January 12, 2021 @05:39PM
(#25754973)
This is a dirty tactic, but I've seen it used... a lot.
It has slimy tax advantages too, for the company.
If you're getting profit sharing, you should be able to see the books, and have controlling shares, too... IMO.
Staff at company A have negotiated a profit share / performance bonus.
Boss directs company A to provide services “below cost” to company B. Company A now has no profit to share; it has been funnelled elsewhere to avoid paying the staff their bonus.