zlacker

>>hhs+(OP)
I've been thinking that in this new reality Amazon warehouse workers and delivery folks are doing something pretty amazing by helping the rest of us.

IMOH Jeff Bezos should really consider this and put something amazing together for these foundational people.

(I say amazing because I think they should be rewarded in a big way - Amazon stock maybe?)

>>jv2222+Ce
They used to be paid in stock... they wanted $15/hr instead.

>>rukitt+Uf
It’s hard not to blame those workers if they’re living paycheque to paycheque. For a well-paid programmer it’s a different story but it’s not hard to imagine the immediate liquidity bieng more valuable when expenses take a bigger bite of your income.

>>danbol+tk
> For a well-paid programmer it’s a different story but it’s not hard to imagine the immediate liquidity bieng more valuable when expenses take a bigger bite of your income.

One of the best parts about Netflix's compensation program when I worked there was that you could choose your ratio of stock to cash. You could do 100% stock if you wanted to, or 0%.

Despite this freedom, almost no one chose to get any stock at all. Even people making $200K+ decided the cash was better than the stock.

>>jedber+hm
Why is it better to get some stock instead of its cash equivalent which could be used to buy stock?

>>mhb+pn
If they provide it to you on a vesting schedule like other companies do, you gain time in market - i.e. you also gain the stock appreciation until they are vested.

>>tomeri+T81
No vesting. You purchased the options monthly based on the current price, and they were immediately vested and good for 10 years, whether or not you were employed with the company.