When you get a job offer, or a raise, or a bonus, you’re probably simply told that you’ll be receiving more restricted stock units or more stock options as part of that compensation package. But on occasion folks are given the choice: Do you want RSUs or stock options?
Congratulations! It might seem like all tech companies go IPO, but that’s not true. In going IPO, your company is in rarified company. And now visions of sugarplums, I mean, wealth are dancing in your head.
Even though you get paid well in the tech industry–in both dollars and company stock–there’s another part of your total compensation that you should probably pay more attention to: employee benefits.
It’s good to have Restricted Stock Units, even if you don’t know exactly how they work. But that lack of understanding can be intimidating and paralyzing, and we end up just floating along, letting the RSUs “happen” to us, instead of making sure we’re getting the most out of them. It’s a metaphor for life, really.Read More
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- Did You Just Come in to a Whole Lot of Money, and, uh, What Next?
- Do You Want to Radically Change Your Life, and You’re a Bit Scared to Do It?
- Should You Ask for RSUs or Stock Options?