Spotify employees, I have accepted an offer from Spotify and need to submit an incentive mix plan. What do you advice? I'm leaning towards 50% cash 50% rsu. I feel like stock options are too risky rn.
50% cash and 50% rsu is reasonable. I did 25% options when I started a few years ago and the rest in rsu I received some refreshers recently and did all cash
It's a good time to go with options if you wanna stay here for a long period
yeah I see that... how do you define long? like 5 years?
Hopefully markets will recover in 1-2 years 🤞
My options are worthless as they were priced at $258. At ~$140, there could be some fair upside. It’s too bad Spotify doesn’t let you do something like 50% Cash, 25% RSU and 25% Options. If they did, I’d recommend that…
So does 50% cash and 50% RSU sound reasonable?
I think this depends on your current situation. Your current TC, YOE. When you’re younger, you can take more risks. When you are older. Not so much. But your plan is a very safe one. If that’s what you want.
thank you, that makes sense! I would consider myself young I just turned 25 haha. I'll think more and possibly increase the RSU % in the mix now that the market is at a low
If you’re happy with your base I think the default mix is pretty reasonable
OP what did you end up doing? In the same boat and leaning towards 75% RSU, 25% Cash
Hi Op. I am interested in knowing what you did as well. Im leaning towards 75/25 rsu/cash as well. Considering spotify stock is at an all time low, what do you think?
Where’s the playlist?!??!