4 ms·
Is that cash, or is a significant amount of that stocks/shares or other non-cash reimbursement (which I assume is subject to tax at the point it's realised)?
by cnorthwood 6y ago
Is that cash, or is a significant amount of that stocks/shares or other non-cash reimbursement (which I assume is subject to tax at the point it's realised)?
- jandrewrogers 6y agoFAANG stock is essentially cash equivalent because it is highly liquid. However, some companies also pay straight cash at those levels (or higher).
- marcinzm 6y agoIt's generally 50% RSUs which are stock but equivalent to cash for all intents and purposes. Only difference is that you need to stay at least a year to get paid. The post-tax money I mentioned is with everything getting taxed as income.
- dekhn 6y agospeaking for google, it's a mix of: base salary, annual bonus, and restricted stock units, which are taxed at vesting time. It blows me away every time I read an article about places other than SF and NYC: I could buy an extremely nice house, in cash, in most parts of the country, for less than a reasonable down payment on a crappy house in the bay area.