Re:The quitting economy
by s73ver on Wednesday July 26, 2017 @02:33PM
(#14858858)
What's to stop them from terminating the contract a month shy, because of "performance reasons"? Unfortunately this setup would require quite a lot of trust in the industry, which, quite frankly, it has not earned.
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| on HN ]
https://www.cnet.com/news/zynga-to-employees-give-back-our-s...
If I stayed at a place a few extra years in anticipation of an IPO, this would have me seeing red.
Re:The quitting economy
by soulnothing on Wednesday July 26, 2017 @02:51PM
(#14859019)
No I'm completely in agreement with this. There are two types the Restricted units. Which vest slowly over several years. So if you're terminated early. You may get a percentage of the promised stock.
Then there is the startup model. Where you're given stock of varying grades.
Stock always felt like a gamble. Give me enough for bills + saving, then treat the stock as a bonus. Not core compensation.