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bobjoylove t1_j6kwcoo wrote

Reply to comment by shaneknysh in ELI5: What does it mean when a company buys back stocks and why is it frowned upon? by lilly_kilgore

In tech companies stock awards can more that double the amount you get paid every year. Often triple you base salary.

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shaneknysh t1_j6l6334 wrote

What tech companies did you work for? My stock options never came close to 25% of my base salary.

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bobjoylove t1_j6n3wup wrote

Not revealing any personal data, but both Fintech and Silicon Valley is paying staff this way. The annual stock award is performance based, and except for the last 2 years there has been a bull market that also swells the award granted 4 years ago.

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