4 ms·

2014 https://www.ibtimes.co.uk/nintendo-boss-cuts-salary-save-jobs-lower-paid-workers-1434268 https://www.ibtimes.co.uk/nintendo-boss-cuts-salary-save-job...

• sydbarrett74 3y ago
  Those are 'rarer than hen's teeth' exceptions that prove the rule.
  • cscurmudgeon 3y ago
    https://www.businessinsider.com/ceos-taking-pay-cuts-prevent-layoffs-economic-hardship-list-2023-2?amp https://www.businessinsider.com/ceos-taking-pay-cuts-prevent...
    • jf22 3y ago
      7 examples out of how many companies?
      • cscurmudgeon 3y ago
        [flagged]
      • sokoloff 3y ago
        Do you think that Business Insider's list of 7 is the entire list? I know 2 CEOs who aren't on that list who took pay cuts. If I told BI about it, that's not enough for them to publish an errata on the article.
    • wahnfrieden 3y ago
      Execs who are heavily compensated in equity also benefit from reducing their wage salaries to minimize tax liability exposure
      • loeg 3y ago
        Execs heavily compensated in equity take a pay/wealth cut every time the stock goes down, unlike salaried employees.
      • cscurmudgeon 3y ago
        There is no winning with some folks. Execs raise salary, they are bad. Execs lower salary, they are bad. > Execs who are heavily compensated in equity also benefit from reducing their wage salaries to minimize tax liability exposure That makes as much financial sense as a buying a $20 bill with a $100 bill.
• deleted 3y ago
  [deleted]