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

(fortune.com)
66 points colanderman | 1 comments | 21 Feb 23 23:29 UTC | HN request time: 0.212s | source
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spacephysics ◴[22 Feb 23 00:20 UTC] No.34889736[source]▶
Wait, so share prices move? /s

It’s the nature of a compensation package. Part of it is risk. If you didn’t adjust for risk during negotiating your pay, or was expecting more purely from past performance of the stock, that’s on them

replies(2): >>34889787 #>>34889893 #
1. loeg ◴[22 Feb 23 00:39 UTC] No.34889893[source]▶
Amazon doesn't treat stock compensation the same way other employers do. The messaging has consistently been: if the stock goes up, we won't issue refreshers if your total comp (including elevated stock) is above our pay target for you. But also: if the stock goes down, we will (eventually) issue more stock to put you back into the target pay band.

See this much more detailed comment on how weird it is: https://news.ycombinator.com/item?id=34889838