Netflix

Netflix execs to get cash bonuses as salary thanks to tax plan

Netflix execs to get cash bonuses as salary thanks to tax plan

Netflix's top executives will now get paid in full no matter how the company does, thanks to the Republican tax plan.

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 $1 million, so Netflix just decided to lump all cash payments into executives' salaries.

Netflix implemented the cash bonus structure in 2015 to take advantage of the tax deductions it could make at the time. In that year and in 2016, executives got either their full target bonus or slightly less. The data for 2017...

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