Lee Duna@lemmy.nz to Work Reform@lemmy.worldEnglish · 9 days agoAmazon laid off 30,000 workers while CEO Andy Jassy got a 30% pay bumpwww.techspot.comexternal-linkmessage-square38linkfedilinkarrow-up11arrow-down10
arrow-up11arrow-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 · 9 days agomessage-square38linkfedilink
minus-squareanon_8675309@lemmy.worldlinkfedilinkarrow-up0·9 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: