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> Err...4-year vesting doesn't mean the money is literally locked away until you hit 4 years' tenure No one said it did:) My point was that a typical bonus is
by chollida1 2y ago
> Err...4-year vesting doesn't mean the money is literally locked away until you hit 4 years' tenure
No one said it did:)
My point was that a typical bonus is about 2/3's employees at the moment its granted and 1/3 held back for a year sometimes two, so you get money faster than a typical 4 year vesting schedule.
Does that clear things up?
- triceratops 2y agoSee my second sentence. That means the hedge fund flat out pays much more than FAANG. It's got nothing to do with vesting schedules. (BTW FAANG pays bonuses too. They're 100% the employee's when they're paid)