CHART: See the most 'unsustainable' tech company compensation plans

  • 📰 BusinessInsider
  • ⏱ Reading Time:
  • 13 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 8%
  • Publisher: 51%

Australia News News

CHART: Tech industry compensation is 'completely unsustainable.' Here are the companies most at risk as the market plunges.

Engineers and other workers have been wooed in recent years with generous chunks of equity, known as restricted stock units, orThat worked great when tech stocks were rising. But now that the sector has slumped, many companies are beingjust to keep employees' stock compensation at the same level as in previous years. That's diluting shareholders.

Other companies, including Snap, Pinterest, Wayfair, Uber, and DoorDash, doubled or even tripled the number of RSUs granted in the same time frame. Roku's RSU grants surged in the first quarter, up more than 3,000% from a year earlier.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 729. in AU

Australia Australia Latest News, Australia Australia Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

The World’s Largest Tech Companies Embracing Blockchain Face A Valuation ReckoningA review of Forbes 20th rendition of the Global 2000 list, made up of large public companies with a combined market capitalization of $76.7 trillion and combined profit of $5 trillion, showed signs that large tech firms on the list that adopted blockchain technology could be facing a profitabilit...
Source: Forbes - 🏆 394. / 53 Read more »

The World’s Largest Tech Companies Embracing Blockchain Face A Valuation ReckoningA review of Forbes 20th rendition of the Global 2000 list, made up of large public companies with a combined market capitalization of $76.7 trillion and combined profit of $5 trillion, showed signs that large tech firms on the list that adopted blockchain technology could be facing a profitabilit...
Source: Forbes - 🏆 394. / 53 Read more »