Why do you think perks and stock are not part of compensation?
At the same time I had people working for me who had 10 times as many options, but had been in the company for ages and received the vast majority of those options before the crash in 2000. As of this year, the couple of those people who are still at Yahoo will have options worth maybe $30k-50k total from 10+ years of employment that are over water, and their older options will start expiring soon.
Of course Google people receiving new Google options now are currently in a better position, but estimating the value of options grants over time is tricky.