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Its noticeable to me that FAANG companies get to this heights because of their stock compensation. An economic downturn or hit to the tech sector will immediate
by conanbatt 9y ago
Its noticeable to me that FAANG companies get to this heights because of their stock compensation. An economic downturn or hit to the tech sector will immediately drop the compensation for its worker significantly. (Not to say that they are still noticeable salaries).
I wonder outside of FAANG how easy it is to get 300k salaries.
- wyldfire 9y agoDoes it normalize -- will you get granted more shares at the lower share price? In which case the only risk is when the share price drops during the time it takes to vest. Certainly a bummer for that year (or years) they're in a down trend, but seems less likely that a "plummet" kind of slope would happen year over year.
- conanbatt 9y agoIf the company gets a 30-40% stock hit, its not going to still be generous, and of course salaries across the board will drop. Netflix has the most solid business model that could keep up the salaries (they give little to no stock i hear), but the rest would take a hit before anything can be thought of.