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> Maybe I could get a high equity offer, and if the stock turned around I’d stand to make a large sum of money. If it didn’t, I could quit in a year or two and
by thiscatis 7y ago
> Maybe I could get a high equity offer, and if the stock turned around I’d stand to make a large sum of money. If it didn’t, I could quit in a year or two and go somewhere more stable.
If this is the intention of any of my candidates coming in and they call this "real commitment" to work for my company they would not pass the phone interview. Seriously?
- noego 7y ago> If this is the intention of any of my candidates coming in and they call this "real commitment" to work for my company they would not pass the phone interview There is a very easy way to filter out candidates who want to leave in 1-2 years. Structure your equity vesting so that there's minimal vesting for the first 2-3 years, with a sizable severance package to protect against involuntary termination. I don't understand why you would give someone 30% equity after 2 years, if you're then going to begrudge them leaving.
- subsaharancoder 7y agoThe Amazon way of vesting which is 5-15-40-40, those who stay past the 2yr mark have generally made a commitment to the company and its culture.