Consequently, the compensation of many Block employees hasBlock has been giving some employees more equity after shares of the digital-payments company collapsed more than 60% in recent months, people familiar with the matter said.
A Block spokesperson said that although the terms"refreshers" and"merit grants" are often used interchangeably, refreshers are automatic renewals given to employees, while merit grants are based on individual performance. The most recent compensation adjustment was considered a merit grant internally.
Another employee said the company gave equity refreshes to some employees at $120 a share. The company's shares peaked at $290 in August and have been steadily declining for many months. The stock is now trading at about $81.
The same, i watched JSHG yesterday too. It has made great strides for a stock new to me. I wasn't expecting it to grow this fast but it has surprised me with its consistent growth and I believe it is a matter of time till it blows up, so buy stocks now.
He looks like Jack Dorsey.
TheStalwart Are they going by 'Block' yet? I keep seeing promoted tweets under the name Square, and they are in litigation over their right to use the trademark 'Block'. Already lost a TRO.
TheStalwart OMG! This is an amazing invention! I have an idea: call it “Discretionary Bonuses”. Could be huge.
TheStalwart looks like there is absolutely no labor shortage. labor shortage claims have always been a scam
Sincere question: Wouldn't this further plummet the stock price or is it vested