Reply to post: Re: The Wetherspoons Troughing Method

Dixons Carphone top brass take 20% pay cut as swathes of Brit workforce furloughed

Phil O'Sophical Silver badge

Re: The Wetherspoons Troughing Method

Don't forget to announce you are taking a 25% pay cut and remember to leave out that you just took 20% options in shares.

Taking a payment in stock options instead a salary isn't an entirely unreasonable approach, options like that only pay out if you stay and the share price goes up. If the company doesn't survive the crisis, or if you bail out, then you get nothing, but if it weathers the storm & returns to profitability those options will be valuable.That's why they are used as bonuses, as a way to persuade senior employees not to leave, and to commit to making things work.

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