asd88

Considering Google/Facebook your “peers” is a common mistake people at MSFT make when they complain about comp. MSFT targets 67 percentile pay (which is actually above median, contrary to what everyone says), while GOOG/FB target > 95. They may be your competitors, but they are certainly not your peers (at least market-wise). Microsoft has managed to have great business results with 67 percentile SWE talent for a decade.

My Amazon offer from last year was one of my highest ($500K first year TC for senior SWE in Seattle). Amazon has trouble retaining talent but I doubt compensation is the real cause (at least for recent hires).

They issue more stock and the existing investors’ ownership is diluted.

Some of the companies whose stock price has been affected the most are making up for the loss by giving more stock. I’d expect Facebook to do the same to retain their talent if the stock drops significantly.