Submitted by brooklynlad t3_117lfu9 in technology
Tainen t1_j9g97yg wrote
Reply to comment by Prestigious_Push_947 in Amazon Corporate Workers Face Pay Reduction After Shares Slip by brooklynlad
the RSU refresh does not hit for a couple years. so this year, no, you don't get additional compensation, you are stuck with 40-50% less compensation.
Prestigious_Push_947 t1_j9im0sc wrote
This really depends on the company. Most don't require a couple years before refreshes start vesting. Also, comp doesn't go up til after the stock goes up, so it's never guaranteed when your comp will get better again. Like I said, this is the game of RSU based comp. If you treat RSU's like regular income, you're an idiot.
Tainen t1_j9iwgv7 wrote
yeah, I’m talking about Amazon, given the title of the post. I turned down an offer at Goog and came from Msft for 13 years. Unfortunately Amazon has the worst stock grant program of the 3. There is essentially no addressing down year stock performance, you hold on tight and hope it does better in future years, or you quit and go get paid somewhere else.
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