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> Some might object to such extravagant handouts to people who (by a vast, vast majority) played no part in the creation of that wealth. you realize this won't
by gammateam 8y ago
> Some might object to such extravagant handouts to people who (by a vast, vast majority) played no part in the creation of that wealth.
you realize this won't garner much sympathy on the Silicon Valley town crier since employees also have a significant $ value of shareholdings
yes this is an outlier in every other industry that employs people for wages
- ahelwer 8y agoIf you're working for a large public company, stock grants are dollar-denominated. Say you're given a sizeable stock bonus, $100k. How much of a benefit do you get from stock dividends & buybacks with that quantity of stock? A few thousand dollars per year, at most. Negligible compared to the per-employee dividend & stock buyback number.
- gammateam 8y agostock grants and stock bonuses are very different. you are conflating issues. lets talk about stock grants, yes, stock grants are dollar denominated and vest. If you get a $100K stock grant that vests over 4 years for a stock currently worth $10, then you have 10,000 shares. The stock goes up to $70 and you still have 10,000 shares, and some of that growth was from buy backs, then your $700,000 isn't negligible at all. I just described Square.
- ahelwer 8y agoYou can calculate approximately how much of that growth was from buybacks, because it is near the same as if the company had spent the money on dividends instead except the money was rolled into the stock price instead of disbursed. So again, not very much. Stock grants vs bonuses is irrelevant other than that you are forced to hold grants for longer. Also irrelevant is how much the price has appreciated due to other factors. Are you certain it isn't yourself who is conflating issues?