3 ms·
companies have terrible vesting periods like 5% the year 1, 15% in year 2 and so on, while working you to death, effectively hoping you'd quit before your entit
by propogandist 5y ago
companies have terrible vesting periods like 5% the year 1, 15% in year 2 and so on, while working you to death, effectively hoping you'd quit before your entitled shares vest. This also assumes stonks only go up.
- ryan_lane 5y agoThis is a very abnormal vesting schedule. I've never interviewed with a company that has a schedule like that. The most common schedule is 25% per year, over 4 years, vested per month, except that the first 25% comes as a lump as the end of the first year. Most companies provide refreshers every year during the comp cycle. Normally during times when stock prices are low for a company, they'll take that into consideration during the comp cycle and give larger bumps.
- kyralis 5y agoThat's amazon. The company I'm at is 25% after year 1, then 12.5% every 6 months. Once you get a few years in it's pretty much just a rolling part of your salary.
- bagels 5y agoThey're all different. Amazon pays you cash up front with backloaded vesting. Google is experimenting with frontloaded vesting where you get the bulk in the first couple years.