Meta's Stock Options Cut Amid Record Highs
Meta Platforms has reduced its yearly distribution of stock options by about 10% for tens of thousands of employees, despite the company trading at record highs this month. Employees receive equity refreshers every year that make up the majority of their remuneration, alongside base salaries and annual bonuses. The exact reduction will depend on where the employees are based and their level within the organization.
- This move may indicate a shift in Meta's priorities, as the company appears to be reevaluating its compensation strategy in light of growing employee expectations and increasing scrutiny of executive pay.
- How will this new approach to equity distribution impact Meta's ability to attract and retain top talent in an increasingly competitive tech industry?