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by bradjohnson
1190 days ago
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At my last company, the stock price when I joined was at $150/share, it rose to over $200/share and crashed to under $30/share by the time my initial vesting date came. I lost six figures of expected TC based on my original offer (over half my total compensation). Since it was a 1 year cliff, I couldn't do anything to diversify or limit my risk because my RSUs were not mine until they vested. Lesson learned, but I don't think there's an archetype of engineer that prefers that kind of risk profile over large cash payments each month. My downside for Y1 at Amazon is 4% of the agreed upon TC. |
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Perhaps I'm not as good as a negotiator as I thought (or the schedules are within the past two years) b/c I haven't ever received an offer that balances the agreed upon TC as you describe. It sounds great!