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A practice I've seen in asset management firms: (1) To assume high level roles, you must invest $LARGE_SUM_OF_MONEY in funds managed by the company. (2) After
by pid-1 4y ago
A practice I've seen in asset management firms:
(1) To assume high level roles, you must invest $LARGE_SUM_OF_MONEY in funds managed by the company.
(2) After leaving, you get back your money after $FAIR_AMOUNT_OF_YEARS. That's done as an incentive for folks to think long term.
Not sure how you could do that in a company as large as G or A though.
- vineyardmike 4y agoThat’s what getting paid in equity is for. If you burn the company down, your salary declines. Of course at 100k people, your impact is small unless you’re a VP+.