4 ms·
For big tech, a lot of your comp is in stock. So this would diminish the salary increase effectively by reducing the stock price. IME, people are a lot more se
by edmundsauto 4y ago
For big tech, a lot of your comp is in stock. So this would diminish the salary increase effectively by reducing the stock price.
IME, people are a lot more sensitive to lowered stock prices than meager annual increases. The latter doesn’t feel emotionally like a loss.
- wpietri 4y agoI don't think that's generally true for people in big tech. Just the highest strata. And to the extent that causes problems, I expect they'll be much smaller than the sorts of market fluctuations we're seeing lately, which companies already have tools to deal with.
- edmundsauto 4y agoI dunno, think about it emotionally. Would you rather have a 2% raise, or for your $20k in stock to become 15k? We are a very loss averse species.