←back to thread

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: 0.27s | source
Show context
whateveracct ◴[22 Feb 23 00:19 UTC] No.34889730[source]▶
This is why I always quote my total comp as cash when negotiating. I have multiple times been able to turn total comp into salary (with a slight bump overall). Last time I did it, former employer's stock tanked shortly after I left. Dodged one there.
replies(1): >>34889934 #
loeg ◴[22 Feb 23 00:44 UTC] No.34889934[source]▶
YMMV, but I've never been successful doing this, and the compensation available in salary + stock (modulo some expected risk) has always greatly exceeded cash-only compensation.
replies(1): >>34890243 #
1. whateveracct ◴[22 Feb 23 01:21 UTC] No.34890243[source]▶
I tended to do it when I jumped to a company who didn't have RSUs. The anchoring of my current RSUs + my vagueness describing it (I didn't break it down) + the fact that I was jumping jobs after a few years was enough to secure it as cash and then some. Probably harder to do in this market, but the last few years it was a consistently easy play (did it a few times).