A few top execs at Netflix are poised for big salary increases thanks to President Trump s tax plan. Next year, chief content officer Ted Sarandos will .The streaming video provider is scrapping its cash bonuses, instead making the payments to top executives as salary. The recently passed tax plan eliminates companies ability to deduct performance based bonuses to managers who are paid more than $ million, so Netflix just decided to lump all cash .Netflix Inc. said Thursday that it plans to increase the annual salary for a number of its top executives in , and cited the recently passed tax overhaul Chief Product Officer Greg Peters will also receive a large raise in his annual salary, earning $ million in cash, up from $ million each of the past three .It s good to be Netflix because the company s higher ups are about to receive a big pay bump under Donald Trump s new GOP tax plan. In security filings Under the new tax plan, companies no longer must deduct performance based bonuses for executives earning at least $ million. Netflix had used .
Related posts to Netflix execs to get big salary bumps with Trump tax plan
Mins Ago. LONDON, Feb Taxi service Uber, battling to retain its license to operate in the British capital, said on Friday it would introduce new safety features .
Find the latest business news on Wall Street, jobs and the economy, the housing market, personal finance and money investments and much more on ABC News.
Mystery writer Sue Grafton who penned whodunits starting with nearly every letter of the alphabet d after a two year battle with cancer, loved ones said .
Fox Wins Night as Key NBC Series Falls to Season Low. Fox came out on top in a hotly contested Wednesday prime time ratings battle among the broadcast networks as .