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That sounds absolutely bizarre. Why do stock the first year at all? I have never heard of anyone trying that before. edit: That setup is basically saying "you
by zwily 4y ago
That sounds absolutely bizarre. Why do stock the first year at all? I have never heard of anyone trying that before.
edit: That setup is basically saying "you don't benefit from the increase in share value for the first year of employement", which is pretty employee-hostile. I bet a company that was doing this before stopped doing it this year, when their stock value fell by a lot. :)
- ineedasername 4y agoI've not heard that either, but maybe they do it because it's cheaper? Stock reserved for RSU grants doesn't cost companies cash in the same way that a direct monetary bonus would.