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Nobody cares about CEO salaries since their compensation is mostly stock grants and other stuff that is taxed at lower rates than wage income.

• lesuorac 2y ago
  tbh the thing that needs to get frozen is the vesting rate, stop giving CEOs contracts that encourage short term performance.
• triceratops 2y ago
  > Nobody cares about CEO salaries Pretend that "salary" means "total compensation". The article covers stock too: "freeze CEO pay and stock options and prevent stock sales for a year following any layoffs that exceed 5% of the workforce" > mostly stock grants and other stuff that is taxed at lower rates than wage income False. Income is income and it's taxed like income. Now if you were to say that companies do funny stuff like hiring a company owned by the CEO for "consulting" services in order to funnel some of the CEO's compensation there, I'd believe you. But otherwise, no. Options, grants, perks - it's all W2 income and taxed that way.
• njtransit 2y ago
  Stock grants are taxed as wage income.
  • riku_iki 2y ago
    He probably means initial grant is taxed as wage income, and then if company succeeded, stock goes up, and he pays lower long term capital gain tax.
    • njtransit 2y ago
      That would be the same if comp was paid in cash and then individually invested.
      • riku_iki 2y ago
        which somehow rarely/never happens. I suspect they may have some contractual obligations to hold on stocks, otherwise market may start panicking seeing CEO aggressively selling stocks.
• DemocracyFTW2 2y ago
  > Nobody cares about CEO salaries au contraire