• 0 Posts
  • 1 Comment
Joined 3 years ago
cake
Cake day: July 2nd, 2023

help-circle
  • aetheplace@lemmy.worldtomemes@lemmy.world•So Unfair
    link
    fedilink
    English
    arrow-up
    8
    ·
    edit-2
    4 days ago

    It’s mostly because of stock awards as part of compensation packages.

    If you get $50,000 in equity each year and the shares are worth $20 when you were awarded them, then they balloon to $160, you just earned $400,000 for each year you held on to them. These numbers are all made up and just for reference, but this is what some of these hardware company employees experienced.