It’s mostly because of stock awards as part of compensation packages.
If you get $50,000 in equity each year and the shares are worth $20 when you were awarded them, then they balloon to $160, you just earned $400,000 for each year you held on to. These numbers are all made up and just for reference, but this is what some of these hardware company employees experienced.
It’s mostly because of stock awards as part of compensation packages.
If you get $50,000 in equity each year and the shares are worth $20 when you were awarded them, then they balloon to $160, you just earned $400,000 for each year you held on to. These numbers are all made up and just for reference, but this is what some of these hardware company employees experienced.