Wayfair RSU forms %50-60 of my total TC. I was not aware that vesting from day 1 was a thing so I didn't negotiate that when I had the upper hand, lesson learned... Stock performance seems extremely unpredictable, daily 7-8% drops & jumps seems regular. I am actually ok with occasional drops it's normal but it's pretty frequent with Wayfair. This does not give much confidence for the long term now that I saw how Wayfair operates. I am planning to go "always be interviewing" mindset and start scheduling some interviews after the new year, just in case. What do others think and what do you foresee or plan? TC: ~500-600k$ #tech #wayfair
I might be in the minority, but I actually think W will rebound. I just expect it to take a few years. 2020 was like 2 years worth of growth in 1, which got everyone hyped. Supply chain issues and brick and mortar competition reopening has brought that hype back to earth. TAM is still huge and it’s their lead to blow. Rookie move not negotiating quarterly vest to start.
W is probably cream of the crop. Look at Ostk stock valuation.
it is what it is. in this market of supply chain issues, looming threat of rate hikes, inflation etc., it's an easy target for shorts. fluctuations are frustrating but not new for wayfair, join if you are ok with fluctuations
Fuck it’s 33% fluctuations and stock is more than 50% of the TC
personally i can't change comp structure and most of us are in same boat. if you're one one those that always sells on vest then it's very unfortunate time to sell. people seemed very envious when stock jumped pandemic to 300+ in past two cycles. it cuts both ways
In the same boat, my TC dropped like 50K 😣🥺 Sooo back to my prime of leetcoding while "working"
Currently evaluating an offer with Wayfair and they have valued the stocks given to me @$300 which has already dropped by 33% of its value. Do they give more stocks each year if you are not meeting your initial TC target goal?
No
I got an offer from Wayfair and they are measuring their stock at $300. Like WTF! Anyone knows the band for the base for Senior Manager position?
Levels.fyi was pretty accurate
Levels.fyi shows L4 as staff is that accurate? Is L5 principal?
RSUs make up 85%+ of my TC. I ignore the noise and focus on the long term.
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Are you an AD at Wayfair?
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Associate Director