Lee Duna@lemmy.nz to Work Reform@lemmy.worldEnglish · 1 month agoAmazon laid off 30,000 workers while CEO Andy Jassy got a 30% pay bumpwww.techspot.comexternal-linkmessage-square40linkfedilinkarrow-up1546arrow-down12
arrow-up1544arrow-down1external-linkAmazon laid off 30,000 workers while CEO Andy Jassy got a 30% pay bumpwww.techspot.comLee Duna@lemmy.nz to Work Reform@lemmy.worldEnglish · 1 month agomessage-square40linkfedilink
minus-squareanon_8675309@lemmy.worldlinkfedilinkarrow-up27·1 month agoFix this: Omnibus Budget Reconciliation Act of 1993 (Section 162(m)): By capping deductible salary at a million, it paradoxically incentivized companies to shift compensation toward stock options and performance-based bonuses to avoid tax penalties.
Fix this: