The Insider's Guide to Tech Compensation, Negotiation, and Career Growth
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Understanding Equity Compensation
This chapter explores the complexities of equity compensation, particularly focusing on restricted stock units (RSUs) and stock options in both public and private tech companies. It emphasizes the significance of understanding equity's liquidity and its financial implications for employees, as well as the common pitfalls individuals encounter when evaluating compensation packages. The chapter further discusses the impact of company performance on equity value and the importance of awareness regarding exercise periods and negotiation strategies.
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