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I heard they will actually cut your base pay if stock goes up “too much”. Is this true?
by 0xbear 9y ago
I heard they will actually cut your base pay if stock goes up “too much”. Is this true?
- ifhd 9y agoNo, but you won't get a raise. What does happen is this. You get a 2 year bonus to start, about half on your first cheque and the rest spread over each cheque in year 2. This is fine, but in year 3 you see a pretty big drop (you to really get your stock in years 3/4 though). you know that going in, but it still kind of sucks to check your pay stub when you start your third year and it's down over a thousand a month.
- skookum 9y agoThis is not true. However there is a target total compensation range for your [level X review ratings] and if the stock price growth results in your future total compensation projecting above your target compensation range you won't get refresh RSU grants.
- 0xbear 9y agoWhat’s the justification though?