Timeline for Is refusing offered stock options an option?
Current License: CC BY-SA 4.0
14 events
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Jun 1, 2020 at 11:56 | comment | added | Fattie | I think it's worth emphasizing that the OP's question is simply "Is it normal to, can I" refuse some options offer. The simple answer is sure, yes, it is commonplace to do so. | |
Jun 1, 2020 at 4:22 | comment | added | Gregory Currie | @MSalters I'm not talking about defrauding. I'm talking about misleading during salary review. "This year there was an increase in benefits available to the sum of €X so consequently we have not decided to increase salaries this year". I'm not talking about replacing salary with options. | |
May 31, 2020 at 23:41 | comment | added | MSalters | @GregoryCurrie: The OP is in Belgium. I'd be surprised if the employer could get away with that. As in, they'd not just defraud the employee, but also the tax man. Getting sued by an employee is annoying, getting sued over taxes is another matter entirely. National governments can easily fund multi-year lawsuits. | |
May 31, 2020 at 21:44 | comment | added | R.. GitHub STOP HELPING ICE | If the stock options are an attempt to substitute for adequate pay, the only discussion of vesting schedule that should take place is "now", i.e. fully vested. Anyone offering non-fully-vested stock options except as a pure bonus is not paying you but trying to get leverage over you. | |
May 31, 2020 at 21:22 | vote | accept | yose67 | ||
May 31, 2020 at 23:09 | |||||
May 31, 2020 at 21:22 | vote | accept | yose67 | ||
May 31, 2020 at 21:22 | |||||
May 31, 2020 at 4:39 | comment | added | Gregory Currie | +1 Also, regarding the last paragraph, in some cases companies will even use unrealized benefits (stock options, health insurance, etc), when calculating total remuneration. So something to keep an eye out during salary review. They may try to "pull a fast one". | |
May 30, 2020 at 22:30 | comment | added | Bernhard Barker | If they offer to give you the tax amount up front, that would raise the question of whether you can take just that as a bonus and skip the stock options. If you can't, why can't you? It's not like they'd be (financially) worse off from not giving you stock options. And if you can, why would you take the stock options at all? | |
May 30, 2020 at 22:26 | comment | added | Mazura | "Now the guy's got Paulie as a partner. Any problems, he goes to Paulie. Trouble with the bill? He can go to Paulie. Trouble with the cops, deliveries, Tommy, he can call Paulie. But now the guy's gotta come up with Paulie's money every week, no matter what. Business bad? ... Oh, you had a fire? ... Place got hit by lightning, huh? ..." | |
May 30, 2020 at 22:18 | comment | added | user541686 | I'm confused about this: "the boss can either offer to give you the tax amount together with the options"... I mean, then wouldn't you be exactly back in square 1? Your offer is now higher, but the message will be precisely, "with what we pay you, you can afford this extra tax bill". At which point... what exactly changed to make that statement no longer a "substantial warning"? What makes it so that that wasn't included in the salary originally? If he'd deliberately subtracted that tax bill from the salary and then increased it to the original offer on request, would you have been fine? | |
S May 30, 2020 at 21:26 | history | suggested | Linny | CC BY-SA 4.0 |
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May 30, 2020 at 21:16 | review | Suggested edits | |||
S May 30, 2020 at 21:26 | |||||
May 30, 2020 at 19:55 | comment | added | Bernhard Barker | You could also potentially lead this into a renegotiation of the vesting schedule. For example, instead of giving 100 shares now distributed across a 4-year vesting schedule, they could give you 25 a year that vests after a year, or even vests instantly. Although there might be some risk that such an informal agreement would be considered legally comparable to a longer vesting schedule. | |
May 30, 2020 at 11:35 | history | answered | Aida Paul | CC BY-SA 4.0 |