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Re:New York City will make it mandatory for companies to pos... by propogandist on Thursday January 06, 2022 @09:29PM (#29834019)
companies have terrible vesting periods like 5% the year 1, 15% in year 2 and so on, while working you to death, effectively hoping you'd quit before your entitled shares vest. This also assumes stonks only go up.
Re:New York City will make it mandatory for companies to pos... by ryan_lane on Thursday January 06, 2022 @09:42PM (#29834113)
This is a very abnormal vesting schedule. I've never interviewed with a company that has a schedule like that. The most common schedule is 25% per year, over 4 years, vested per month, except that the first 25% comes as a lump as the end of the first year. Most companies provide refreshers every year during the comp cycle. Normally during times when stock prices are low for a company, they'll take that into consideration during the comp cycle and give larger bumps.
Re:New York City will make it mandatory for companies to pos... by bagels on Thursday January 06, 2022 @11:14PM (#29834743)
They're all different. Amazon pays you cash up front with backloaded vesting. Google is experimenting with frontloaded vesting where you get the bulk in the first couple years.
Re:New York City will make it mandatory for companies to pos... by kyralis on Thursday January 06, 2022 @09:54PM (#29834214)
That's amazon. The company I'm at is 25% after year 1, then 12.5% every 6 months. Once you get a few years in it's pretty much just a rolling part of your salary.