New York City will make it mandatory for companies to post salaries on job ads

Re:New York City will make it mandatory for companies to pos... by sanderjd on Thursday January 06, 2022 @05:29PM (#29831367)

RSUs are taxed as income at the time they vest. If you were given the exact same amount as a cash and then used that cash to buy that exact same amount of stock, then the tax treatment would be identical.

Of course nobody would actually do that with the cash, because most other things (like buying an index fund or stock in one or more competitor companies) would be a smarter thing to do with it.

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Re:New York City will make it mandatory for companies to pos... by InitialLastName on Thursday January 06, 2022 @09:25PM (#29833981)

> stock in one or more competitor companies

Be careful with this... if we're talking about diversifying your risk, there's a good chance that the stock values of your employer and of its competition in the same industry are positively correlated modulo some market events. Better to buy stock that is likely to be independent of the industry that derives your primary salary.

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Re:New York City will make it mandatory for companies to pos... by sanderjd on Saturday January 08, 2022 @01:31AM (#29849181)

Sure. I'm just speaking hypothetically. It might have been better to say "uncorrelated" rather than "competitors".

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