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But in terms of real dollars would total compensation go up? How would this even work? Isn’t this just moving around the chairs on the deck of the Titanic?
by wincy 2y ago
But in terms of real dollars would total compensation go up? How would this even work? Isn’t this just moving around the chairs on the deck of the Titanic?
- bobthepanda 2y agoProbably the way tax exempt American employee healthcare does, which to sum up is a disaster. Japan currently has tax exempt commuting allowance.
- votepaunchy 2y agoAm not familiar with Japan but the US exempts commuting reimbursements. https://www.irs.gov/publications/p15b#en_US_2024_publink1000193743 https://www.irs.gov/publications/p15b#en_US_2024_publink1000...
- bobthepanda 2y agoIn Japan, the commuting allowance allows a full pre-tax writeoff of up to ¥100,000 a month, which before the start of Japanese inflation was about $1000 a month, so it is significantly more generous. https://globalvoices.org/2014/11/05/are-employee-transportation-allowances-the-cause-of-japans-commuter-hell/ https://globalvoices.org/2014/11/05/are-employee-transportat...
- klyrs 2y agoSo, you prefer the situation where CEO salaries are rising significantly faster than housing costs, and everybody else's salaries are rising slower than housing costs. I suppose you also consider homeless encampments an eyesore?