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Your employment agreements set up the economic incentives for working at your company. If the agreement is 1 year cliff to vest and the employee took advantage
by moonpolysoft 16y ago
Your employment agreements set up the economic incentives for working at your company. If the agreement is 1 year cliff to vest and the employee took advantage of that why would you get mad? You got a years worth of work out of that person and in exchange that person got his/her stock. Sounds like a fair deal to me.
On the other hand, firing an engineer right before he/she vests is unethical because you are getting almost a years worth of work without having to pay out the stock. Also it is a pretty good way to get sued by said employee.
- moonpolysoft 16y agoResponding to the grandparent's edit. I disagree with your premise that a vesting cliff exists as a "getting to know you" period. It is a guarantee of a minimum investment of time for a given amount of equity. The person put in the required time and now wants to do something else. This is not dishonorable in the least. You seem to be confusing personal relationships with business relationships. This might explain why you see quitting as a sort of betrayal.
- rdzah 16y agoOh, he's not confusing it at all. He's just so used to being able to take advantage of the average employee being the one confusing the biz & personal that when an employee acts like a businessman, it challenges his entire exploitative hustle.
- JoeAltmaier 16y agoAgreed. Its business. You give me money, I give you work. Beyond that is all figment of your imagination.