4 ms·
> meaning many people will be underwater. Overall interesting overview of how amazon specific details combine right now, but I don't think "underwater" is the
by ska 4y ago
> meaning many people will be underwater.
Overall interesting overview of how amazon specific details combine right now, but I don't think "underwater" is the right term here - in normal usage that refers to an asset that has become worth less than what is currently owed on it, e.g. by selling it you lose money. I can't see how that applies here, did I miss something? Surely you still come out ahead, just not as much as you thought you would?
Assuming that is the case, it's really two separate problems - one is people assuming continuous performance and baking those assumptions in, the other is weird distortions in employee comp that happen when those assumptions prove not to be true.
I doubt people have too much sympathy for the former, it's classic counting your chickens before they hatch. But the latter is a real workplace problem, and not easy to fix.