> Sell them immediately and diversify.
I can diversity even quicker with the extra cash I'd get instead RSUs and ESPPs.
I can diversity even quicker with the extra cash I'd get instead RSUs and ESPPs.
You can think of RSUs as 'golden handcuffs' compensation. The point is to reward you, while discouraging you from ever leaving because there will always be some that are not vested.
Of course, it might be that you don't have enough negotiating power, but you can always choose another job.
Personally I will never work at a place where I can't negotiate out of RSUs.
In a corporate environment you'd not last long trying to renegotiate your comp every year.
You're underpaid with regard to salary, so you'll lose a lot more by foregoing RSUs than you would if you were just paid a fair base salary without RSUs.
The other day I was talking to my wife about my frustrations at work, and she said "Well, just don't quit before you get that RSU vest." And I'm sure I'm not the only one who has had such conversations.
They are betting that your loss aversion will tip the balance a little in their favor.