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Many of us have already dealt with a 20% haircut, at least on the RSU portion of compensation. * Higher cost of borrowing is putting pressure on growth compani
by jazzkingrt 4y ago
Many of us have already dealt with a 20% haircut, at least on the RSU portion of compensation.
* Higher cost of borrowing is putting pressure on growth companies that relied on cheap capital
* Economic downturn makes it harder to do business and lowers stock prices, which makes up a big part of any 400K SWE package
* Tech companies can allow RSU grants to expire rather than implementing formal paycuts. Whereas companies in other sectors might lay off 5% of the workforce before giving everyone a 5% paycut, we may see a different trend in tech.
- digianarchist 4y agoMy RSUs are down 70% from their post IPO peak.
- 11101010001100 4y agoquestion: is it illegal to setup a hedging instrument for this sort of thing?
- digianarchist 4y agoIllegal? Not sure. I'm forbidden from shorting our own stock by internal policy.
- jedberg 4y agoIt's illegal for officers and directors to short their own stock. It's not technically illegal for any other employee. That being said I've never seen a company that allows it in their company policy. Every company I've seen forbids it to eliminate the appearance of unethical behavior.