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Being down X% after a pretty serious bull run isn't really a big issue. I'm not relying on stock sales to fund general living expenses, rather the stock tends
by Eridrus 8y ago
Being down X% after a pretty serious bull run isn't really a big issue.
I'm not relying on stock sales to fund general living expenses, rather the stock tends to be more about savings, since the base is pretty generous as well. So it's not really top of mind for me
It generally doesn't come up on our team tbh.
- dunpeal 8y agoI realize the declines likely don't impact living budgets, for the reasons you stated. However, I am wondering about issues like morale, and especially recruiting and retention. As you know, competition for talent is quite intense right now, especially for the kind of talent FAANG employees have. You see it both in attempts to recruit new and current employees. I'm wondering if there's any increase in poaching, or tougher competition on new talent against employers offering more of a cash component. Of course, some of these effects may only be apparent in a few months, once year-end bonuses are paid.
- Eridrus 8y agoAnecdotally, compensation is much more of an issue for new hires than existing employees. I've also just seen far more internal movement, both to and from our team, than I have people leaving to other companies, though our team has been growing and getting external hires too.
- fjsolwmv 8y agoThe best time to buy is after a dip in the price.