This isn't the case at Netflix, who famously offer cash salaries and an option to elect to forego some salary in exchange for options. There are no RSUs at Netf

This isn't the case at Netflix, who famously offer cash salaries and an option to elect to forego some salary in exchange for options. There are no RSUs at Netflix. Also, RSU+cash salaries are almost universally quoted in year-of Total Direct Compensation, that is share value of the newly granted shares at the time they are granted each year, so volatility doesn't affect the TDC, only the actual realized TC.