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.
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.