For many in my industry, me included, RSUs are part of compensation. For people that have changed jobs in the last year or two, me included, the RSUs are worth less at vesting than they did when granted at hire. Mine are down 15% at my two year anniversary. Those hired after me got their grant at the peak and they are down much more.
It is the same as your raises not keeping up with inflation. Your compensation's value is much less due to economic/market conditions. Inflation and RSU vesting values are a double punch.
Should this be addressed? If so, how? I can only think of a three-step process.
- Ask my manager about adjusting for the compensation target
- Hear nothing back and get nowhere
- Either live with it or get a new job somewhere else and reset the RSU grant price