3.0
22 Jan 2013
Current employee, more than 1 year
Milpitas, CA
Recommend
CEO approval
Business outlook
Pros
The company is still profitable in these tough times.
Cons
The company had gotten rid of stock options a few years back and replaced them with "restricted stock units.". This year they got rid of those and replaced that with cash that mature. That's all well and good except the monetary equivalence became smaller (by half!) every time there's a change. I used to get 500 shares of stock per year (~2$5k) and this year I got $12k. I don't mind getting a pay cut if times are tough, but doing it in such a roundabout, underhanded way is despicable.