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Vesting schedules are a damn joke these days. Who stays at a company for five-plus years? People would, but they get run off by extreme boredom, garbage manager
by datavirtue 2y ago
Vesting schedules are a damn joke these days. Who stays at a company for five-plus years? People would, but they get run off by extreme boredom, garbage managers and layoffs.
I don't consider anything that requires vesting a positive.
- gruez 2y agohttps://www.bls.gov/news.release/jolts.t04.htm https://www.bls.gov/news.release/jolts.t04.htm The quits rate in May 2024 is 2.1%. If we assume quits are uniformly distributed, then the probability of staying in one job for greater than 5 years is 28.0%. That means 5 years is above-average tenure, but nowhere near enough to justify a statement like "Who stays at a company for five-plus years?". Not everyone is a serial job hopper that changes jobs every year.