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It was time to leave, and the HR lady came to me and said I would have to sign a release letter and send it back within 2 work days (the following Monday was a
by michaelochurch 13y ago
It was time to leave, and the HR lady came to me and said I would have to sign a release letter and send it back within 2 work days (the following Monday was a holiday), otherwise I would not get any of the remaining pay, including my “stock options”. Apparently instead of full-time as stated in my offer letter, I was a “Contractor” and that the agreement was “terminated”. I guess that’s to protect them somehow. And the “stock options” that she said I would be paid amounted to $0 (as expected).*
That shit is highly illegal. Get a lawyer. Even now, after the fact, there are things an attorney can do for you, like negotiate a settlement. (If they pressured you into signing a release or non-disparagement agreement, they're afraid). The release should be voided by the threat of withholding wages. This reversion to consultant status is fishy, too. It seems like they're afraid of a constructive dismissal claim (essentially, the argument that the PM's horrible behavior constitutes wrongful termination).
I'm not saying that you should sue them. That's not my decision to make, and for a 9-week job it's rarely worth it. Given that they already broke the law, you don't much to lose, and there is something to gain, by getting an attorney involved. If nothing else, it'll make that horrible PM look bad to his superiors, and that's a small win.
You won't get stock options, of course. Typical vesting is 4/1, meaning you get zero if you leave in the first year. I don't know why they even mentioned that. Almost no one gets stock options (for obvious, legitimate reasons) who worked at a place for 9 weeks.