←back to thread

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

(fortune.com)
66 points colanderman | 3 comments | 21 Feb 23 23:29 UTC | HN request time: 0.721s | source
Show context
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.
replies(9): >>34889872 #>>34889882 #>>34889888 #>>34889898 #>>34889913 #>>34889932 #>>34889974 #>>34890129 #>>34891285 #
1. umeshunni ◴[22 Feb 23 00:38 UTC] No.34889888[source]▶
Amazon does a weird thing where the mix of stock to cash varies by tenure. So, someone might have been at 85% cash 15% stock in year 1, but are now at 50% cash, 50% stock. So they're getting more stock now than in earlier years.
replies(1): >>34889908 #
2. loeg ◴[22 Feb 23 00:40 UTC] No.34889908[source]▶
Sure, but even if stock was 100% of their comp, and the stock went down 35%, they're only down 35% -- not 50%. That's the point GP is making.
replies(1): >>34890046 #
3. MSM ◴[22 Feb 23 00:57 UTC] No.34890046[source]▶
It's gone down 35% in the last year. It's down 50+% off its peak.