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Depends on how much of comp is based on stock, and how much of that is based stock awards that don't vest immediately/quickly. Its likely that a lot of employee

Depends on how much of comp is based on stock, and how much of that is based stock awards that don't vest immediately/quickly. Its likely that a lot of employees are selling stock asap and wouldn't get to realize all that growth.

xyzzyz 5y ago
The employees have a lot of unvested stock most of the time, so they very much get to benefit from the stock price growth.
- echelon 5y ago
  To counter this, they also suffer lockout periods. Employees typically have a short amount of time to figure out their strategy before being stuck for two months or longer. Employees only get to plan in the macro. They can go long or short, not respond to real economic events, opportunities, or headwinds.
  - xyzzyz 5y ago
    So do the execs, for what it’s worth, who not only suffer from lockdowns, but also often are legally required to announce their trades in advance. Frankly, I never found lockdowns to be really onerous at all. You can’t really time the market anyway.
  - refurb 5y ago
    Lockouts apply to every employee, including executives.
  - birken 5y ago
    Having multiple windows each year to sell your stock/options at fair market prices is a luxury that very, very few people working at startups gets. This is a ridiculous thing to complain about. For the vast majority of people having 4 trading windows per year is more than enough to adjust their portfolio based on their financial strategy.
  - UncleMeat 5y ago
    The lockout periods are quite short. You can buy and sell more than 2/3 of the time. You can also set up an autosale system which sells as soon as you vest regardless of whether you are in a lockout period.
tgsovlerkhgsel 5y ago
Anything that isn't vesting immediately will be worth more, increasing future compensation (in USD) even if employees sell what they can immediately. https://www.levels.fyi/company/Google/salaries/ https://www.levels.fyi/company/Google/salaries/ says there are 3 and 4 year vesting schedules.

xyzzyz 5y ago

The employees have a lot of unvested stock most of the time, so they very much get to benefit from the stock price growth.

echelon 5y ago
To counter this, they also suffer lockout periods. Employees typically have a short amount of time to figure out their strategy before being stuck for two months or longer. Employees only get to plan in the macro. They can go long or short, not respond to real economic events, opportunities, or headwinds.
- xyzzyz 5y ago
  So do the execs, for what it’s worth, who not only suffer from lockdowns, but also often are legally required to announce their trades in advance. Frankly, I never found lockdowns to be really onerous at all. You can’t really time the market anyway.
- refurb 5y ago
  Lockouts apply to every employee, including executives.
- birken 5y ago
  Having multiple windows each year to sell your stock/options at fair market prices is a luxury that very, very few people working at startups gets. This is a ridiculous thing to complain about. For the vast majority of people having 4 trading windows per year is more than enough to adjust their portfolio based on their financial strategy.
- UncleMeat 5y ago
  The lockout periods are quite short. You can buy and sell more than 2/3 of the time. You can also set up an autosale system which sells as soon as you vest regardless of whether you are in a lockout period.

tgsovlerkhgsel 5y ago

Anything that isn't vesting immediately will be worth more, increasing future compensation (in USD) even if employees sell what they can immediately. https://www.levels.fyi/company/Google/salaries/ https://www.levels.fyi/company/Google/salaries/ says there are 3 and 4 year vesting schedules.