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Startup I work for was acquired within the past year; came through as a "key employee". Don't like the new environment. Huge management hierarchy and management
by Rapzid 6y ago
Startup I work for was acquired within the past year; came through as a "key employee". Don't like the new environment. Huge management hierarchy and management culture, command/control, siloed decision making, and etc.
Unfortunately my reward, as such, is tied up in retention based compensation. Not phoning it in yet, but struggling to reach the 1 year cliff. Honestly coming around to the idea..
- chris11 6y agoI've heard some places can make out of band offers to match unvested equity if they really want you.
- Rapzid 6y agoThanks, I suspected as much up to a point. I'm likely headed back to a more "lifestyle" business working directly for the founders though. Lifestyle in the sense that the company is aggressively focused on the work culture and including the engineering staff in the entire process of building the product/business. Worked at a place like that once and didn't appreciate it enough at the time. That's not the typical definition of a lifestyle biz.. Making it through the year is going to provide a significant boost to my retirement savings/investments and put compensation cut on the table so I can focus more heavily on work environment. Why am I saying all this? I guess I need to get it out and maybe it gives some further insight into how retention based compensation incentivizes people, and how acquisitions can cause a lot of stress to those who aren't getting the life altering payouts.