While many of the replies in this thread adequately explain why I dislike stock grants (taxes, needing to setup autosell or manually sell in a trading window, etc.) the one thing that I think is also important is that I really am not trying to get rich. If I’m at an established company, the gains or losses will probably be modest with some exception, and if I’m at a startup, it is undoubtedly very risky. But while I would never work towards making less money for the sake of making less, I would like to optimize for quality of life, simplicity, saving time, etc. and I feel base salary is often reasonable enough to handle most of my needs. If I wanted to invest, I’d rather do it myself. I don’t usually invest much, though.

I do tolerate RSUs, but it’s not the allocation I’d make given the choice.