4 ms·
If your RSUs are significantly devalued due to a price drop most tech companies will just give you a supplemental refresh to bring you back up. You might not be
by pcmoney 4y ago
If your RSUs are significantly devalued due to a price drop most tech companies will just give you a supplemental refresh to bring you back up. You might not be 100% whole to your target total comp but nobody is letting good engineers take a 35%+ cut to TC (65% to stock) because if they do they will lose their top talent.
If I am a strong engineer and my comp gets cut by a 65% reduction in share price and I am at a BigTechCo then I can probably pretty easily:
1. Move to a peer company in regards to comp (Meta, Goog, Twtr, Msft, uber, airbnb)
2. Get a signing bonus of $40-100,000+ To do so
3. Get a new hire set of RSUs with a valuation at the current share price vs my previously underwater ones (which if the whole sector has gone down will probably work out really well for me long term).
TL;DR total comp at the elite/liquid RSU level wont go down much.