3 ms·
Those are 'rarer than hen's teeth' exceptions that prove the rule.
by sydbarrett74 3y ago
Those are 'rarer than hen's teeth' exceptions that prove the rule.
- cscurmudgeon 3y agohttps://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 ago7 examples out of how many companies?
- cscurmudgeon 3y ago[flagged]
- sokoloff 3y agoDo 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 agoExecs who are heavily compensated in equity also benefit from reducing their wage salaries to minimize tax liability exposure
- loeg 3y agoExecs heavily compensated in equity take a pay/wealth cut every time the stock goes down, unlike salaried employees.
- cscurmudgeon 3y agoThere 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.