Re:Aussies want employers to help with cost of living, trave...
by wincy on Wednesday May 29, 2024 @09:36PM
(#40519208)
But in terms of real dollars would total compensation go up? How would this even work? Isn’t this just moving around the chairs on the deck of the Titanic?
[ Parent
| on HN ]
Re:Aussies want employers to help with cost of living, trave...
by bobthepanda on Wednesday May 29, 2024 @09:43PM
(#40519256)
Probably the way tax exempt American employee healthcare does, which to sum up is a disaster.
Japan currently has tax exempt commuting allowance.
Re:Aussies want employers to help with cost of living, trave...
by votepaunchy on Thursday May 30, 2024 @09:25AM
(#40523440)
Am not familiar with Japan but the US exempts commuting reimbursements.
https://www.irs.gov/publications/p15b#en_US_2024_publink1000...
Re:Aussies want employers to help with cost of living, trave...
by bobthepanda on Thursday May 30, 2024 @10:33AM
(#40524225)
In Japan, the commuting allowance allows a full pre-tax writeoff of up to ¥100,000 a month, which before the start of Japanese inflation was about $1000 a month, so it is significantly more generous. https://globalvoices.org/2014/11/05/are-employee-transportat...
Re:Aussies want employers to help with cost of living, trave...
by klyrs on Wednesday May 29, 2024 @10:13PM
(#40519449)
So, you prefer the situation where CEO salaries are rising significantly faster than housing costs, and everybody else's salaries are rising slower than housing costs. I suppose you also consider homeless encampments an eyesore?