Maybe a silly question but how are Netflix employees faring with this change? I know that Netflix is famous for paying 99% cash. How does that work when the stock crashes 80%?
Their compensation is 99% cash so it doesn't change.
They automatically get 5% of their base salary as discounted non-qualified options, which are worth nothing now going back to like 2018 or 2019. Some people elect to do up to 100% or their salary as nonquals and they’re probably hurting but the expiration is 10 years.
They get to choose what proportion of their pay is cash cash stock