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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: 0.001s | 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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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.
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1. 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.
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2. 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.