Aug 31, 2023
If salaries are not counted as profit, that means a company can be officially described as not making a profit, even though dozens of top officials are raking off millions of dollars in salaries. I don’t know the exact figures for the salaries of the top Spotify officers, but I understand that they are in the millions. So you can increase Spotify profits simply by slashing their salaries. The only question is: are the salaries big enough to make a substantial difference?