this post was submitted on 21 Oct 2023
334 points (96.6% liked)

Technology

58168 readers
3298 users here now

This is a most excellent place for technology news and articles.


Our Rules


  1. Follow the lemmy.world rules.
  2. Only tech related content.
  3. Be excellent to each another!
  4. Mod approved content bots can post up to 10 articles per day.
  5. Threads asking for personal tech support may be deleted.
  6. Politics threads may be removed.
  7. No memes allowed as posts, OK to post as comments.
  8. Only approved bots from the list below, to ask if your bot can be added please contact us.
  9. Check for duplicates before posting, duplicates may be removed

Approved Bots


founded 1 year ago
MODERATORS
 

Microsoft CEO Nadella's compensation drops... to $48M — CEO to employee pay ratio hits 250 to 1::Try to hold back your tears as CEO to employee pay ratio hits: 250 to 1

you are viewing a single comment's thread
view the rest of the comments
[–] [email protected] 6 points 11 months ago

All you have to do is have a subsidiary corporation that the executives work for. They get paid whatever insane amount and the parent company hires the executive company so it's not direct payroll. I've seen this exact arrangement done for other tax reasons.