Re:Amazon walking back raises after internal bug miscalculat...
by drstewart on Monday September 26, 2022 @10:20AM
(#32983443)
I've never seen them assigned a dollar value (actually, in one case: SpaceX, which also had a 5 year vesting schedule instead of a standard 4 year). That would defeat the purpose of RSUs.
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Re:Amazon walking back raises after internal bug miscalculat...
by s1artibartfast on Monday September 26, 2022 @11:31AM
(#32984418)
How would it defeat the purpose of RSUs?
If you get 100k USD worth of RSUs on start date, and the stock value goes up 10X you still have a lot of skin in the game.
Re:Amazon walking back raises after internal bug miscalculat...
by drstewart on Tuesday September 27, 2022 @05:46PM
(#33001541)
Because you don't get RSUs on the start date, you get them as they vest over years.
If the stock goes up 10x in 4 years, then your grant on year 4 is still 100k, not 10x that.