Ask HN: FAANG employees, how are the recent stock declines impacting you?
The past decade has been very good for tech stocks, with constantly rising prices bolstering generous compensation packages. Very strong stock performance has helped morale and retention in FAANGs which emphasize stock compensation. However, now this policy is being tested, with Facebook and Netflix down over 33%, Amazon declining over 25%, and Google declining 20%. For most senior engineers, these declines translate to severe compensation cuts. What is the impact of these declines on you and your co-workers? Is your employer responding in any way to the fact that you are suffering much of the penalty of this decline? Are there any observed or expected impacts on morale and retention, particularly as RSU-heavy compensation packages lose some of the fairy-dust they carried for so long? 0 comments on Hacker News.
The past decade has been very good for tech stocks, with constantly rising prices bolstering generous compensation packages. Very strong stock performance has helped morale and retention in FAANGs which emphasize stock compensation. However, now this policy is being tested, with Facebook and Netflix down over 33%, Amazon declining over 25%, and Google declining 20%. For most senior engineers, these declines translate to severe compensation cuts. What is the impact of these declines on you and your co-workers? Is your employer responding in any way to the fact that you are suffering much of the penalty of this decline? Are there any observed or expected impacts on morale and retention, particularly as RSU-heavy compensation packages lose some of the fairy-dust they carried for so long?
The past decade has been very good for tech stocks, with constantly rising prices bolstering generous compensation packages. Very strong stock performance has helped morale and retention in FAANGs which emphasize stock compensation. However, now this policy is being tested, with Facebook and Netflix down over 33%, Amazon declining over 25%, and Google declining 20%. For most senior engineers, these declines translate to severe compensation cuts. What is the impact of these declines on you and your co-workers? Is your employer responding in any way to the fact that you are suffering much of the penalty of this decline? Are there any observed or expected impacts on morale and retention, particularly as RSU-heavy compensation packages lose some of the fairy-dust they carried for so long? 0 comments on Hacker News.
The past decade has been very good for tech stocks, with constantly rising prices bolstering generous compensation packages. Very strong stock performance has helped morale and retention in FAANGs which emphasize stock compensation. However, now this policy is being tested, with Facebook and Netflix down over 33%, Amazon declining over 25%, and Google declining 20%. For most senior engineers, these declines translate to severe compensation cuts. What is the impact of these declines on you and your co-workers? Is your employer responding in any way to the fact that you are suffering much of the penalty of this decline? Are there any observed or expected impacts on morale and retention, particularly as RSU-heavy compensation packages lose some of the fairy-dust they carried for so long?
Hacker News story: Ask HN: FAANG employees, how are the recent stock declines impacting you?
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October 30, 2018
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