cowpowered@lemm.ee to politics @lemmy.world · 10 months agoUS economy going strong under Biden – Americans don’t believe itwww.theguardian.comexternal-linkmessage-square373fedilinkarrow-up1712arrow-down150
arrow-up1662arrow-down1external-linkUS economy going strong under Biden – Americans don’t believe itwww.theguardian.comcowpowered@lemm.ee to politics @lemmy.world · 10 months agomessage-square373fedilink
minus-squareConyak@lemmy.tflinkfedilinkEnglisharrow-up132·10 months agoThat is because Americans are not seeing the benefits. CEOs and stock holders are.
minus-squarefubo@lemmy.worldlinkfedilinkarrow-up30arrow-down1·10 months agoImagine a world where stock grants were a standard part of all employment contracts, not just for tech workers and the like.
minus-squareSemi-Hemi-Demigod@kbin.sociallinkfedilinkarrow-up38·10 months agoStock grants for tech workers are often not worth much unless they get in super early and they get lucky. I got more from my accrued vacation time than I got from my stock options at the last three jobs I left.
minus-squarefubo@lemmy.worldlinkfedilinkarrow-up7·10 months agoStock grants (e.g. RSUs), not options. Options often become worthless.
minus-squareConyak@lemmy.tflinkfedilinkEnglisharrow-up10·10 months agoIndeed. For the last 3 years the economy has been cooking and stocks rising yet my pay can’t even keep up with inflation.
That is because Americans are not seeing the benefits. CEOs and stock holders are.
Imagine a world where stock grants were a standard part of all employment contracts, not just for tech workers and the like.
Stock grants for tech workers are often not worth much unless they get in super early and they get lucky.
I got more from my accrued vacation time than I got from my stock options at the last three jobs I left.
Stock grants (e.g. RSUs), not options. Options often become worthless.
Indeed. For the last 3 years the economy has been cooking and stocks rising yet my pay can’t even keep up with inflation.
Exactly.