3 ms·
> It also says it's a grant that vests over 2 years, so not what any normal person considers a "bonus". A bonus is cash in hand. Every bonus I've gotten has ve
by chollida1 1y ago
> It also says it's a grant that vests over 2 years, so not what any normal person considers a "bonus". A bonus is cash in hand.
Every bonus I've gotten has vested. So its not that unusual. Generally vesting applies to larger bonuses and to bonuses tied to performance.
I'm guessing 1.5M is a larger bonus than the average tech employee gets each year but is pretty inline for a typical hedge fund.
- SkyPuncher 1y agoI've never had a bonus vest. They're almost always immediate payouts.
- dhussoe 1y agoI've received some "bonus" performance related equity grants with a four year vesting period. These are beyond normal the refresher grants. They are not described by the company as "bonus", because we also have the sort of cash bonus you're talking about, but were I to describe them to people outside the company, I'd probably say "bonus grants" or something. In this case it seems obvious that it needs some kind of vesting terms to prevent people from taking the bonus and then just taking another offer anyways.
- jeffbee 1y agoEvery bonus I have gotten has been paid out in January based on past performance. That's why the term "bonus season" exists.
- deleted 1y ago[deleted]
- chollida1 1y ago> Every bonus I have gotten has been paid out in January based on past performance. That's why the term "bonus season" exists. Hey, I believe you and have no reason to think you are lying. Every bonus I've had has been vested over a 2 year period with about 50% vesting upfront. Again this is probably due to my bonus being tied to performance which could change from year to year and the fact the its probably larger than the average bonus employees get. Every company is different and every bonus is different. There is no one way a bonus is allocated.