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A comment on Ask HN: Has your total compensation drastically changed with the stock downturn?.

Re:Ask HN: Has your total compensation drastically changed w... by freeqaz on Tuesday June 28, 2022 @11:19PM (#31916086)
Maybe a silly question but how are Netflix employees faring with this change? I know that Netflix is famous for paying 99% cash. How does that work when the stock crashes 80%?
[ Parent | on HN ]
Re:Ask HN: Has your total compensation drastically changed w... by datalopers on Tuesday June 28, 2022 @11:37PM (#31916199)
Their compensation is 99% cash so it doesn't change.
[ Parent | on HN ]
Re:Ask HN: Has your total compensation drastically changed w... by ed25519FUUU on Tuesday June 28, 2022 @11:46PM (#31916258)
They automatically get 5% of their base salary as discounted non-qualified options, which are worth nothing now going back to like 2018 or 2019. Some people elect to do up to 100% or their salary as nonquals and they’re probably hurting but the expiration is 10 years.
[ Parent | on HN ]
Re:Ask HN: Has your total compensation drastically changed w... by ununoctium87 on Tuesday June 28, 2022 @11:37PM (#31916190)
They get to choose what proportion of their pay is cash cash stock
[ Parent | on HN ]