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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: 0.219s
|
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Aunche
◴[
22 Feb 23 00:34 UTC
]
No.
34889854
[source]
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>>34889258 (OP)
#
How can they get paid 50% less when share prices drop by 35%? Can't get past the paywall.
replies(9):
>>34889872
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xerxesaa
◴[
22 Feb 23 03:31 UTC
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No.
34891285
[source]
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>>34889854
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Because Amazon actually assumes a 15% growth in stock price every year. So even if the stock stays flat, you make 15% less. I used to be a manager there.
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