Does Amazon match the target annual salary (though not in offer letter, but my recruiter gave me the unofficial numbers)if the stock price goes down? When stock doesn’t appreciate 15% annually(the target will be met only if it appreciates 15% every year), will they still match/exceed the target annual salary?
No
They claim they will. Other than the dot com bust they’ve never been in the place where they need to though. It would likely have to have been down for 2 years in a row the way it’s structured (or maybe down without much recovery or a HUGE drop one year).
In theory yes but would guess in reality jeff will say we all rise and fall together so this is our failure and therefore no. So you are penalized for stock appreciation and may not have a backstop.
I'm theory, yes. In practice? Unlikely. There's a reason they don't openly disclose the actual target. The model limits the upside, but it's really just not like Amazon to limit the downside.
Does Apple match target annual salary if stock goes down?
Apple also has the target annual salary and adjusts it after every review cycle