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Don't know much about them but CEO seems legit. This is a great exit package: Pay: Separation packages offered to affected employees include a minimum of 12 we
by rglover 4y ago
Don't know much about them but CEO seems legit. This is a great exit package:
Pay: Separation packages offered to affected employees include a minimum of 12 weeks of pay, and more for those with longer tenure.
Equity: We removed the vesting cliff for employees who were with Lattice for less than one year. Their equity will vest monthly during their employment term as if they had reached the cliff. Employees will have up to 3 years to exercise their options post-exit.
Healthcare & Mental Wellness: We’re covering the cost of healthcare benefit continuation for employees, as well as extending mental health support through Spring Health, for 3 months.
Financial Advising: Origin financial wellness support will be available for 3 months to provide Certified Financial Planning and other tools.
Career support: We will be providing transitional support services to affected employees, with the costs covered by Lattice. The support includes career coaching, resume and LinkedIn updating, interview coaching, among other personalized services.
Laptops: All impacted Latticians may keep their laptops. We recognize that a career transition is not a good time to be without a capable machine.
Invest in Your People Fund: The option to have Lattice invest in a new startup will remain available to departing Latticians. If they decide to launch a startup that aligns with Lattice’s investment criteria, they will be eligible for up to a $100K investment from Lattice. Details here.