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If the terminations are happening for the purpose of depriving employees of stock-related compensation they are about to earn, that may be an illegal reason. Fo
by throwaway1851 4y ago
If the terminations are happening for the purpose of depriving employees of stock-related compensation they are about to earn, that may be an illegal reason. For example, you cannot let a salesperson snag a huge deal and then fire him or her to avoid paying the commission - it’s not an “at will” issue.
- nemo44x 4y agoRSUs only vest if you are an employee the day they vest. If a salesperson wins a deal and you fire them before paying their commission that’s different since they closed the deal first. It’s very common for companies to let individuals go before bonuses vest.
- throwaway1851 4y agoI would certainly recommend any employee in this situation to get legal counsel. Terminating an employee for the purpose of preventing them from satisfying conditions precedent to a payment is a bad-faith move that some courts will set aside.
- nemo44x 4y agoSure but good luck proving that.