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If you don't get promotions you lose certain stock grants which greatly reduces your pay

The entire system is a scam and built specifically to keep you at google and drinking the kool aid

You're misinformed. Please stop spreading misinformation.

That's not entirely untrue. Even if you do get promoted, the four year cliff is real. I got promoted and still experienced a substantial loss in total comp at year 4, with good performance and what seemed to be typical refresh grants.

But that’s the opposite of what the post said. The cliff is real and happens regardless of promo because everybody gets refreshes every year regardless of promotions.

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