Tech workers may be better off selling their company stock
A version of this story originally appeared in the BI Tech Memo newsletter.Sign up for the weekly BI Tech Memo newsletter here.One of the oldest rules in tech pay still looks like one of the smartest.Levels.fyi, a company that tracks compensation across the industry, recently analyzed what would have happened to the same senior Microsoft software engineer pay package in two scenarios.In one, the employee sold their stock as it vested and reinvested the money in the S&P 500. That person would be about $50,000 better off than the colleague who held onto all of their Microsoft shares.That's a reminder that even in the AI era, diversification can pay off.
Reported by 1 outlet — Business Insider. See all sources ↓
A version of this story originally appeared in the BI Tech Memo newsletter.Sign up for the weekly BI Tech Memo newsletter here.One of the oldest rules in tech pay still looks like one of the smartest.Levels.fyi, a company that tracks compensation across the industry, recently analyzed what would have happened to the same senior Microsoft software engineer pay package in two scenarios.In one, the employee sold their stock as it vested and reinvested the money in the S&P 500. That person would be about $50,000 better off than the colleague who held onto all of their Microsoft shares.That's a reminder that even in the AI era, diversification can pay off. The biggest AI winners, like Nvidia, OpenAI, and Anthropic, have delivered extraordinary gains.But for many tech employees, spreading investments beyond a single employer remains the safer, and sometimes more profitable, strategy.Sign up for BI's Tech Memo newsletter here. Reach out to me via email at abarr@businessinsider.com.Read the original article on Business Insider
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- What's the story?
- A version of this story originally appeared in the BI Tech Memo newsletter.Sign up for the weekly BI Tech Memo newsletter here.One of the oldest rules in tech pay still looks like one of the smartest.Levels.fyi, a company that tracks compensation across the industry, recently analyzed what would have happened to the same senior Microsoft software engineer pay package in two scenarios.In one, the employee sold their stock as it vested and reinvested the money in the S&P 500. That person would be about $50,000 better off than the colleague who held onto all of their Microsoft shares.That's a reminder that even in the AI era, diversification can pay off.
- How widely is it covered?
- 1 outlet, average source rating 6.0/10.
- When was it last updated?
- 11m ago.
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Tech workers may be better off selling their company stock
Sources1TypeCoverageBusiness Insider