Re:He Blew the Whistle at JPMorgan Chase, Then Came the Blow...
by nickbauman on Thursday December 10, 2015 @11:35PM
(#10715471)
Maybe related: A top salesperson's commissions often makes them one of the highest paid persons in the org chart. Upper management always ends up thinking they can be replaced with cheaper people. So it gets very classically political.
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Re:He Blew the Whistle at JPMorgan Chase, Then Came the Blow...
by tankenmate on Friday December 11, 2015 @07:17AM
(#10716649)
And it's not just salespeople, a number of early stage engineers at Zynga were cut out of their equity / options entitlements by being relieved of duty just before the IPO; "got to be in it to win it" clauses in their employment contracts enabled this.
Point in lesson, always make sure accelerated vesting (equity, options, bonuses) clauses for not at fault firing, retrenchment, redundancy are in your employment contract.