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Amazon staff might get paid 50% less because shares have fallen so much

(fortune.com)
66 points colanderman | 2 comments | 21 Feb 23 23:29 UTC | HN request time: 0.501s | source
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Aunche ◴[22 Feb 23 00:34 UTC] No.34889854[source]▶
How can they get paid 50% less when share prices drop by 35%? Can't get past the paywall.
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1. ska ◴[22 Feb 23 00:37 UTC] No.34889872[source]▶
I assume because equity is more than 50% of total comp. Or was.
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2. Macha ◴[22 Feb 23 01:00 UTC] No.34890065[source]▶
If equity was 100% of total comp, and shares dropped by 35%, the most total comp could drop by is 35%. The smaller the share of equity, the smaller the percentage of total that drop would be