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pcmoney | 3 years ago
If I am a strong engineer and my comp gets cut by a 65% reduction in share price and I am at a BigTechCo then I can probably pretty easily:
1. Move to a peer company in regards to comp (Meta, Goog, Twtr, Msft, uber, airbnb)
2. Get a signing bonus of $40-100,000+ To do so
3. Get a new hire set of RSUs with a valuation at the current share price vs my previously underwater ones (which if the whole sector has gone down will probably work out really well for me long term).
TL;DR total comp at the elite/liquid RSU level wont go down much.
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