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I think you might be misunderstanding. They’re still getting paid. They’re just frozen in time and not getting stock vests or raises.
by thehappypm 5y ago
I think you might be misunderstanding. They’re still getting paid. They’re just frozen in time and not getting stock vests or raises.
- lljk_kennedy 5y agoThat’s still a drop in OTE over a year, especially for a company that pushes the “total compensation” message.
- claudiulodro 5y agoIt is a weird nickel-and-dime-ey policy to have though. Like, why specifically those two types of leave? Where does it end?! Why not pause vesting and raises while someone is on vacation? Why not pause raises and vesting on the weekends? I'd better stop before I give them any more ideas.
- DiggyJohnson 5y ago(Perhaps literally) playing Devil's Advocate: Could it be that employees that take maternal or paternal (parental) leave are significantly and disproportionately more likely to exit a short time after returning from leave? Or else see some other significant pattern of attrition after parental leave - controlling for the absence and costs of the leave over its duration? Not commenting on the ethics or legality of this sort of HR accounting...
- Arainach 5y agoStock vests are a significant part of many tech workers' comp, including Amazon workers.
- Rebelgecko 5y agoIdk how things work at Amazon (from what I've heard their vesting schedule is already kinda whack), but where I work freezing stock vesting is basically a 50% pay cut for the duration.