Zynga to employees: Give back our stock or you'll be fired

Re:Zynga to employees: Give back our stock or you'll be fired by joezydeco on Thursday November 10, 2011 @05:16PM (#3222146)

Imagine your company gave you a $40,000 bonus. You get 4 checks for $10k each, dated 11-Nov-2012, 2013, 2014, and 2015. If the company is still in business on those dates you can cash the checks. If you leave or quit, you hand back the uncashed checks.

Now the company says "give us back 2014 and 2015 or you're fired". What would you say?

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Re:Zynga to employees: Give back our stock or you'll be fired by kamaal on Friday November 11, 2011 @12:23AM (#3223529)

Also more importantly they gave a $40,000 bonus as payable in the future because they wanted you to do $40,000 work now but didn't have money to pay you.

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Re:Zynga to employees: Give back our stock or you'll be fired by joezydeco on Friday November 11, 2011 @08:12AM (#3224454)

Yeah, I realized after the fact that the analogy was a little shaky there. It's not just a bonus but deferred compensation. But let's keep it simple for now. Androsynth had a problem trying to understand the idea that these options were granted in lieu of earned pay.

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Re:Zynga to employees: Give back our stock or you'll be fired by mjs00 on Friday November 11, 2011 @03:40AM (#3223922)

This analogy isn't correct with regard to future periods, vesting is concurrent with your participation (contribution and effort). The trigger for earning the bonus is not if the company is in business that year, but if you were a member of the company and contributed during that period to earn the bonus. The issue at hand is mid-stream renegotiation of the future un-earned bonuses.

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