Shopify lets staff decide cash-stock pay mix as shares dive

Re:Shopify lets staff decide cash-stock pay mix as shares dive by sulam on Friday September 16, 2022 @01:14PM (#32869124)

Shopify's plan is an oddity in the industry, normally one doesn't directly trade RSUs and base comp. Netflix has allowed for this (probably still does, but I haven't negotiated against a Netflix offer recently), but I don't know of any other significant examples.

That said, legally, even in the specific case of the Shopify plan, you aren't taking cash and spending it on Shopify stock. If you were, your tax situation would be more complicated.

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Re:Shopify lets staff decide cash-stock pay mix as shares dive by RHSeeger on Friday September 16, 2022 @08:03PM (#32873549)

> normally one doesn't directly trade RSUs and base comp

You do, it just isn't spelled out. If you're getting comp in one way (RSUs), then you're not getting it in other ways (salary). The same is true of other benefits, like free food, 401k contributions, etc. It generally isn't a 1-to-1 thing, but it _is_ a tradeoff.

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Re:Shopify lets staff decide cash-stock pay mix as shares dive by sulam on Saturday September 17, 2022 @03:40PM (#32880766)

I look forward to your perspective when the IRS starts arguing your free food and other benefits should be taxed like regular income.

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Re:Shopify lets staff decide cash-stock pay mix as shares dive by doktorhladnjak on Friday September 16, 2022 @05:17PM (#32872111)

Netflix lets you take a fraction of your pay in long term options, not RSUs

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