4 ms·
Yeah, a fair vesting schedule should evenly vest as you work, ideally as often as possible (eg: every month or week). Its akin to compounding, as a savings acco
by posguy 10y ago
Yeah, a fair vesting schedule should evenly vest as you work, ideally as often as possible (eg: every month or week). Its akin to compounding, as a savings account holder you want the interest on your account to compound as often as possible.
- LoSboccacc 10y agoto keep it to the point it should come month by month along with the standard compensation, since you take a pay cut in exchange for stock it's only fair to have it delivered month by month, at most with a clause that after x year the stock trickle stops and you get an equivalent increase in your pay sadly there's plenty sucker willing to gift their work away so any hint of people having a clue about the risks in cliffed vesting become unhirable troublemakers in most startups
- jacquesm 10y agoThat will only happen if techies/employees all over a region band together and don't let themselves be pushed into some kind of prisoners dilemma.
- user5994461 10y agoIt's already happening. Anyone who's worked at a startup before and has been burnt is unlikely to accept the vesting and the work conditions. That's in part why it's to hard for companies to recruit experienced tech workers. At the same time, there is an endless stream of young people willing to break into the industry at any costs. The age and experience of people in a place tells you a lot about what the company really value.