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by drewg123
2467 days ago
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This is one of the reasons why I like working for Netflix. My compensation is (almost) entirely base salary. When I left Google, a substantial part of my salary was via stacked yearly vesting GSU (like RSU) stock grants with some bonus mixed in. That meant that my salary was heavily dependent on the whims of the market. It also meant that my cash flow was somewhat impacted by either doing a lot of extra withholding or doing quarterly estimated taxes, since the GSUs were taxed at 25% instead of my actual tax rate. Just getting paid every two weeks is so much nicer, and so much simpler. And we don't have a Monday in January after annual bonuses are awarded when we spend all day talking about who quit after their bonus was paid. |
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