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Amazon limits cash Corp to $160K and pays the rest in stock so the law might have covered 100% of their employees. Would have expected to see them quickly take
by ponker 6y ago
Amazon limits cash Corp to $160K and pays the rest in stock so the law might have covered 100% of their employees. Would have expected to see them quickly take that to $190K though.
- tylerhou 6y agoSeriously doubt that stock is not counted as income for the Seattle law, as stock vesting is reported on your W2.
- meddlepal 6y agoPretty sure this depends on the types of stock that are granted (e.g. RSU vs ISO).
- re 6y agoAmazon grants RSUs which are absolutely counted as compensation/earnings for the purpose of this law. https://app.leg.wa.gov/RCW/default.aspx?cite=49.62.010 https://app.leg.wa.gov/RCW/default.aspx?cite=49.62.010
- tekknik 6y agoBut only in the year they were vested. If you’re not in an vesting year then it doesn’t count.