Re:Options vs. Cash
by iaw on Wednesday June 07, 2017 @10:52PM
(#14511513)
Not quite but I know of one high level exec at a company you're familiar with that was given a year after multiple warnings.
Effectively, he had no job but was still on the payroll for a year and maintained his equity. He came in and did virtually nothing for about 6 months and then stopped.
It's a cushy gig but by the time you get it it's a punishment not a reward.
Effectively, he had no job but was still on the payroll for a year and maintained his equity. He came in and did virtually nothing for about 6 months and then stopped.
It's a cushy gig but by the time you get it it's a punishment not a reward.