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former9thward

(31,949 posts)

7. This is the result of IRS deductibility.

Reply to TygrBright (Original post)

Sun Apr 22, 2012, 09:19 PM

Apr 2012

In 1993 Congress changed the rule on what corporations can deduct. They could only deduct up to one million $ in non-performance salary. Anything more than that had to be performance related. So corporations shifted to performance based incentives to get around the regulation. The total amount of compensation did not really change much -- just how it is doled out.

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Next week, Ima march in to my boss and say... [View all] TygrBright Apr 2012 OP

I know what my boss would say varelse Apr 2012 #1

Meet you in the unemployment line. Cleita Apr 2012 #2

Oh, come on! NO one thinks their boss would be all... TygrBright Apr 2012 #3

They sure don't want to motivate you. bahrbearian Apr 2012 #4

That's not the way it works n2doc Apr 2012 #5

Truth! Bozita Apr 2012 #6

This is the result of IRS deductibility. former9thward Apr 2012 #7

Thanks for the good info Tumbulu Apr 2012 #8

It certainly is the real issue. former9thward Apr 2012 #9

I work for a public university--I don't think the Board of Directors catbyte Apr 2012 #10

Perhaps some math will help. Indydem Apr 2012 #11

But they are rarely held responsible... Fumesucker Apr 2012 #13

I proposed the same thing to my boss...... Uben Apr 2012 #12

I just quit blueamy66 Apr 2012 #14