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Re:No More Layoffs with a Payoff: It's Time to Freeze CEO Sa... by throwaway81523 on Friday November 01, 2024 @08:05PM (#42022868)
Nobody cares about CEO salaries since their compensation is mostly stock grants and other stuff that is taxed at lower rates than wage income.
Re:No More Layoffs with a Payoff: It's Time to Freeze CEO Sa... by lesuorac on Friday November 01, 2024 @08:08PM (#42022884)
tbh the thing that needs to get frozen is the vesting rate, stop giving CEOs contracts that encourage short term performance.
Re:No More Layoffs with a Payoff: It's Time to Freeze CEO Sa... by triceratops on Friday November 01, 2024 @08:42PM (#42023078)
> Nobody cares about CEO salaries

Pretend that "salary" means "total compensation". The article covers stock too:

"freeze CEO pay and stock options and prevent stock sales for a year following any layoffs that exceed 5% of the workforce"

> mostly stock grants and other stuff that is taxed at lower rates than wage income

False. Income is income and it's taxed like income.

Now if you were to say that companies do funny stuff like hiring a company owned by the CEO for "consulting" services in order to funnel some of the CEO's compensation there, I'd believe you. But otherwise, no. Options, grants, perks - it's all W2 income and taxed that way.

Re:No More Layoffs with a Payoff: It's Time to Freeze CEO Sa... by njtransit on Friday November 01, 2024 @09:34PM (#42023357)
Stock grants are taxed as wage income.
Re:No More Layoffs with a Payoff: It's Time to Freeze CEO Sa... by riku_iki on Friday November 01, 2024 @10:42PM (#42023674)
He probably means initial grant is taxed as wage income, and then if company succeeded, stock goes up, and he pays lower long term capital gain tax.
Re:No More Layoffs with a Payoff: It's Time to Freeze CEO Sa... by njtransit on Friday November 01, 2024 @11:10PM (#42023780)
That would be the same if comp was paid in cash and then individually invested.
Re:No More Layoffs with a Payoff: It's Time to Freeze CEO Sa... by riku_iki on Friday November 01, 2024 @11:40PM (#42023903)
which somehow rarely/never happens. I suspect they may have some contractual obligations to hold on stocks, otherwise market may start panicking seeing CEO aggressively selling stocks.
Re:No More Layoffs with a Payoff: It's Time to Freeze CEO Sa... by DemocracyFTW2 on Friday November 01, 2024 @10:16PM (#42023574)
> Nobody cares about CEO salaries

au contraire