Stock depreciation and TC

New caUI62
Sep 17, 2018 4 Comments

I see a lot of impressive numbers on Blind, which I assume are greatly augmented by a long-running bull market.

Let's say a new hire is unlucky and joins at the peak of the market. If stock performance is poor for a year or more, will FANG or other public tech companies take any action to meet minimum targets for such employees with unfortunately-timed hiring dates?

comments

Want to comment? LOG IN or SIGN UP
TOP 4 Comments
  • Amazon $72+idjx
    Yes, I believe so
    Sep 17, 2018 0
  • Apple gDPB46
    They are aware of the fact that of the stock goes down considerably you are better off quitting and getting rehired, so there is an effort to try to offset declines with some extra grants, but there is no hard rule here and in if there’s a recession then you’re sort of out of luck because you’ll see hiring freezes and they know you will likely just stay put.
    Sep 17, 2018 0
  • Uber Rhen
    Hahahahaha you can only dream. So what if stock appreciates are they going to take some back?
    Sep 17, 2018 0
  • New / Eng
    RG360

    New Eng

    PRE
    Amazon
    RG360more
    I cant say about others but Amazon assings you a Target Comp that you must hit. This Target includes a yty stock appreciation (I think it is 15%). If the stock overperforms you take home the difference. If it does poorly, theoretically they give you more stock until you hit your target. I don't think the latter has happened in the last few years.
    Sep 17, 2018 0

Salary
Comparison

    Real time salary information from verified employees