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CompensationMay 11, 2019
AlbertsonsrvUd7211

A lesson in finance for the rsu clowns

FNG has only had good stock for past 1-2y. It has crashed in 99, 09, 2015... Every ten years about, and stays low for the majority of the time. Say you got an Amazon job in 2014 when the stock was 380. By the time it vested you've lost a third of it's value. And if your base was 150 with 100k stock, it's a 270k TC. Less, since the present value of the future comp declines 10% a year because you could invest yourself. Compared to, say, a 250k C2C contract at Albertsons or whatever. If the stock has a volatility of 100% and a 30% chance of crashing any given year, there's something called a Sharpe Ratio that comes into play. That's your risk adjusted return. Doing your own investments at a 100% return (just hold a hedged Amazon position) and 10% risk of loss is 3x better Sharpe than your hypothetical rsus. So the stock TC is pretty worthless, if you do the math correctly it's about 1/3 of it's purported value due to the company investing for you like you're a babby. Plus add 15% for C2C. The 500k goog salaries with 200 base are comparable to a 120 hr contract, which is a really a 100hr contract plus negotiation. Everyone pays the same faang just plays math games.

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Microsoft gfba68 May 11, 2019

Sure, TC drops in a crash but you are wildly, wildly exaggerating. Most employees of those companies have done extremely well. 100% volatility with a 30% chance of crashing any given year isn't even within the realm of reasonable

Albertsons rvUd7211 OP May 11, 2019

Because they don't invest on their own. It's not the TC, it's the fact that the company is forcing you to not invest reardedly and handholding you.

Microsoft gfba68 May 11, 2019

A big part of our compensation is stock that vests over time and ties our success to the success of the company. I'm not sure what's so difficult for you to understand. I'm also not sure where you get that we don't invest on our own. Not sure why you think that.

Albertsons rvUd7211 OP May 11, 2019

Then you're just depending on the company to invest for you

Apple net worth May 11, 2019

Yes poor folks at FB/G struggling so much. Hope they get free food at least

Albertsons rvUd7211 OP May 11, 2019

They are rich because they don't know to invest on their own and have the company do it for them.

Airbnb UxqX57 May 12, 2019

Most of F/G friends I know have their RSU automatically sold upon vesting and transferred to an index fund. Stop being so insecure and jealous.

Albertsons rvUd7211 OP May 12, 2019

But the vesting takes years. Correct me if I'm wrong but goog and fb give fixed number of rsus that appreciate over years before vest.

Oracle bT43cv May 11, 2019

This guy has serious insecurity problem.

Airbnb UxqX57 May 12, 2019

He got rejected interviewing for a FANG, and now posts a bunch of posts to make himself feel better.

New
na206 May 11, 2019

This guy is seriously a pretentious dickhead. Like really who cares. My take home is 5500 a month. My gf 4000 a month. We have a 5 bedroom house in the suburbs of Renton. I pay 850 a month in child support to a previous relationship and we live great. You sound really bitter like you’ve been rejected from FANG 100% of the time. I’m so glad you work at Albertsons and not somewhere else because I know I have zero chance working with you. If you are in your thirties acting like the child you are over money you have some serious growing up to do. Learn to be happy with what you have. Glass door reports you guys make between 84-101k a year. Learn to be happy with what you got and stop dick measuring on TC and stocks.

Albertsons rvUd7211 OP May 11, 2019

Lol glass door says netflix makes 150k

Albertsons rvUd7211 OP May 11, 2019

It is about mere survival. 200k is not enough to support yourself properly and you're a few paychecks away from homelessness. The 500k salaries are the only real security, that's what the average person in manufacturing job made in the 50s.

New
na206 May 11, 2019

Then you don’t know how to glass door. It say avg around 300k base

Google ovBk62 May 11, 2019

This is the same Albertsons guy from that other random post I think

Oracle bT43cv May 11, 2019

You don’t have to think. It’s obvious. That guy was a loser too.

Microsoft MSFTBRO May 11, 2019

Someone sounds jelly. My bonuses pay bonuses every qtr. Many people dont sell their rsu as soon as it vests.

Albertsons rvUd7211 OP May 11, 2019

But bonuses are still gambling, they could fire or whatever and it's the same as a crash.

Microsoft MSFTBRO May 11, 2019

Yea those idiots who held Amazon RSU because they dont know finances! I pity them.

Albertsons rvUd7211 OP May 11, 2019

It's because the company did that for them.

Square SQ May 11, 2019

Tldr: I'm jealous that I'm not at FNG so let me write something to make me feel better.

Facebook bigdickE3 May 11, 2019

lmao this guy again

Honeywell that1guy May 11, 2019

OP is jealous because he’s poor AND can’t get into FAANG.

Salesforce lololl May 11, 2019

You math is way off. Whoever got amzn at 380 is a millionaire now

Albertsons rvUd7211 OP May 11, 2019

Because they held the stock, it is not TC.

Salesforce lololl May 11, 2019

Even if sold its still way off