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Tech stocks wipeout: Engineer's $400K comp is now $180K
- CKMo 4y agoFactor in inflation and buying power is even worse!
- Khelavaster 4y agoAren't most stock compensations for tech workers done in dollar-valued equivalent at the time of vestment?
- dgarrett 4y agoNope, the valuation happens at the time of grant. So you are granted a number of shares valued at $X. Then you can’t sell those shares until they vest, by which time they may have gained or lost value.
- deleted 4y ago[deleted]
- Bubble_Pop_22 4y ago
- marssaxman 4y agoYep. That's how it is - and that's why I make a point of ignoring every number but the salary when evaluating a job offer.
- yuppie_scum 4y agoThis
- lazypenguin 4y agoIt will be interesting to see how this impacts areas with heavy presence of tech workers.