4 ms·
My company is buying back millions of its own stock, giving 0€ raise to employees.
by hathym 5y ago
My company is buying back millions of its own stock, giving 0€ raise to employees.
- swiley 5y agoPart of me wonders if that's one way to give bonuses to employees while avoiding a tax penalty. Most companies give employees stock via various mechanisms so you end up throwing money away by avoiding it.
- shkkmo 5y agoThe percentage of a companies stock that is owned by employees is rarely big enough to make this in anyway close to efficient.
- qixxiq 5y agoYes, but stock ownership isn't even and so it'll again primarily go to the CEO/etc (while reducing their tax impact). The employees earning minimum wage, and who likely don't hold any stock, won't see any of it.