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by pcmoney
1430 days ago
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If your RSUs are significantly devalued due to a price drop most tech companies will just give you a supplemental refresh to bring you back up. You might not be 100% whole to your target total comp but nobody is letting good engineers take a 35%+ cut to TC (65% to stock) because if they do they will lose their top talent. 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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