We have lost 15% of equity value which caused big dent on the TC. For some of us,TC is now approx same as in the prev company.. Does Google fix this gap in the next perf cycle? Or at least does Google take this into account in the next refresh?
I wouldn’t count on it... market in general is down now so I wouldn’t sweat it.
Nope, I asked this question to the recruiter. Google won't issue additional shares to hit your target comp. At the same time they don't use equity appreciation as a reason to short change you during refreshers/promo. At least this is what the recruiter told me.
Go talk to the guys a snap. Lol
Generally they'll only fill in the gap if theres an attrition risk. But, if the market is down, everyone's TC is down, so attrition won't happen en masse.
Hahaha. That was a good one.
Would Google pay you less when your stock appreciates? I guess not, then why would they have to compensate you when the stock is not performing well.
No, only Amazon would do that.
Should have bought puts to neutralize risk
No