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Faced with a similar prospect in my small company, the founders agreed (in writing) to set aside a portion of their proceeds (including a portion of gross salar
by gozmike 13y ago
Faced with a similar prospect in my small company, the founders agreed (in writing) to set aside a portion of their proceeds (including a portion of gross salary) to ensure that payments were made to anyone on the team who was not hired.
In my opinion, even if your teammate doesn't "need the money", it's important that you express how valuable they have been to you (for even just believing in your journey and sticking through it).
- 001sky 13y agoA nice gesture like this done before the fact helps mitigate perception problems. The problem is "damaged goods" repulation, its not the "rejection". New hiring managers will silently discriminate against her (surely). By giving your employees something to point to, you are being more responsible in how you do the buyout transaction. I actually don't agree with the view that this is some type of mis=placed "entitlement", because the problem is a real problem regardless of who it impacts. Although she also shouldn't over-worry if she's falling into a hot market with a strong support network.