Lee Duna@lemmy.nz to Work Reform@lemmy.worldEnglish · 3 days agoAmazon laid off 30,000 workers while CEO Andy Jassy got a 30% pay bumpwww.techspot.comexternal-linkmessage-square32linkfedilinkarrow-up1537arrow-down10
arrow-up1537arrow-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 · 3 days agomessage-square32linkfedilink
minus-squareanon_8675309@lemmy.worldlinkfedilinkarrow-up26·3 days 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: