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Yes but how is it being done in this case?
by rexreed 6y ago
Yes but how is it being done in this case?
- 1123581321 6y agoIt is entirely based on time employed, up to a cap: "You’re eligible to participate in profit sharing after two years of working at Basecamp. You’ll accrue one share per month starting on your second anniversary at Basecamp, and you’ll max out your shares at 10 years. We calculate shares based on months of tenure so there’s no unfair cliff between being hired in December vs January."
- rexreed 6y agoSo they just add up all the employee months and split the profit equally per employee month?