"A bird in hand is worth two in a bush." This seems to make long-term ccompensation even more volatile. Who says the company will grant me a similar options pa

"A bird in hand is worth two in a bush." This seems to make long-term ccompensation even more volatile. Who says the company will grant me a similar options package all 4-years. Business needs change, and it might do any of a million other things. Sure, the stock-price may go up, or may fall, but that is somewhat out of the day-to-day control of the company. Or it is much more out of the company's control than next year's personnel budget, where you just have to convince the CFO of what the right grant value will be.