this post was submitted on 01 Nov 2023
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Sounds like just another way to avoid paying people. A share that’s never paid out might as well just be Monopoly money.
One of the worst instances was one year that virtually all "merit increases" were instead replaced with RSUs that vested in a year. When I had to bring that to my team and tell them what they were getting... Well, not a single one of us expected to see that money. Sure enough, layoffs happened and that potential money evaporated before any of us saw a cent. None of us were unprepared or surprised, but obviously still unhappy.