4 ms·
that's base pay. has nothing to do with equity comp which is where the big money comes from.
by tempsy 4y ago
that's base pay. has nothing to do with equity comp which is where the big money comes from.
- scarface74 4y agoThe “big money” only comes from “equity comp” if the stock market is going up - which it isn’t doing now. Both companies are increasing their base pay precisely because employees like the assurance that their pay isn’t based on stock price. For me personally, it would have taken a lot less work dealing with real estate if I could just have handed the bank my W2s with all cash compensation than having to deal with a 2 year prorated signing bonus and a 4 year vesting schedule. Don’t you think that Netflix’s employees are kind of happy that their compensation is all cash right now? Except for the few who foolishly chose to take their pay in cash + future RSUs instead of cash. Both MS and Amazon announced they were increasing total compensation. Amazon specifically is slowly starting to weight cash comp over stock.