3 ms·
Oh it gets even better! If you work for a nicely performing stock like a FAANG you can encounter this gem: (Simple Round Numbers) 1. Get Base 100k + RSU 100k o
by crmrc114 7y ago
Oh it gets even better! If you work for a nicely performing stock like a FAANG you can encounter this gem:
(Simple Round Numbers)
1. Get Base 100k + RSU 100k over 4 years
2. You work hard, company does better, yay!
3. Stock goes up RSUs now = 200k
4. I am sorry we cannot give you a raise because your total compensation = (Base+All RSUs) is over out allowable funding for your role. No raise for you! But keep up the good work!
5. Anytime yet get stock #3 happens... you get stuck with a low base and monopoly money.
Try getting a bank to give you a loan with a huge RSU number... it can be done, but oh my god what a PITA.