Re:U.S. immigration policy has been a boon for the tech indu...
by jdright on Tuesday February 04, 2020 @11:56AM
(#22237884)
This is the problem, stock from a few years doesn't house my family or feed my kids. Stock to me is almost as fairly tales as it can be, the few times I received stock as part of my salary it basically evaporated. In the real life, to people that need money each month to survive, stock is a bad joke.
Re:U.S. immigration policy has been a boon for the tech indu...
by cmcd on Tuesday February 04, 2020 @12:22PM
(#22238230)
What do you mean? Unless you are living paycheck to paycheck stock is just as real as cash.
Re:U.S. immigration policy has been a boon for the tech indu...
by jdright on Tuesday February 04, 2020 @12:46PM
(#22238561)
Or almost paycheck to paycheck, which is not as uncommon as one may think. And normally stock come with restrictions on when you can liquidate. This is basically money I don't have now and a promise in the future that may very well go wrong.
Re:U.S. immigration policy has been a boon for the tech indu...
by wikibob on Tuesday February 04, 2020 @02:06PM
(#22239642)
Normal valley vesting schedule is:
- A grant of a specific number of Restricted Stock Units (RSUs)
- Vesting over 4 years
- You get nothing for 12 months
- On the 12th month you get 25%. You can sell this immediately for cash if you choose
One of the following:
A. Each month you vest 1/36th of the remaining stock
B. Each quarter you vest 1/12th of the remaining stock You can sell this immediately for cash if you choose
Some terrible companies like Amazon have abusive vesting schedules such as 5% the first year, 15% the second year, then 40% the final two years.
The whole thing here is stock, which takes a couple years to really stack up, but once it does, you’re making a lot of money.