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I've seen companies in similar situations stop issuing RSUs but also not increase cash comp in order to encourage people to leave as their RSUs vest.
by mattchamb 4y ago
I've seen companies in similar situations stop issuing RSUs but also not increase cash comp in order to encourage people to leave as their RSUs vest.
- therealdrag0 4y agoWhy would you want to encourage employees to leave? I understand there’s desired attrition of bad employees but isn’t most attrition undesirable? How do you build product by pushing out experience?
- mattchamb 4y agoIn the case I am most familiar with, private equity is involved. They want to get rid of the expensive people and replace them with people in cheaper locations because they view people as interchangeable. It is going about as well as you can imagine.