Timeline for How to handle a surprising counter offer
Current License: CC BY-SA 4.0
6 events
| when toggle format | what | by | license | comment | |
|---|---|---|---|---|---|
| Jul 3, 2021 at 6:55 | comment | added | B. Ithica | @SethR The OP describes the bonus as "annual", which means it's not a one-time thing, it's expected to happen every year. | |
| Jul 3, 2021 at 6:53 | comment | added | Nelson | @SethR that's assuming OP isn't sacked before the bonus kicks in. Something tells me that's probably the plan. They need OP for some short-term critical projects, but have no problems kicking him to the curb when OP not needed. | |
| Jul 3, 2021 at 3:16 | comment | added | Daniel R. Collins | @TomEberhard: ... and I've also personally had equity vesting schedule yanked around on me in the past. Very surprised that was possible. | |
| Jul 3, 2021 at 1:57 | comment | added | TomEberhard | For startups equity grants usually have to be approved by the Board of Directors, did the board of directors meet between the time you resigned and the promise of "significant equity"? Ignore the number of shares, you need to look at the percentage of the company these shares would represent, and what the vesting schedule is. | |
| Jul 2, 2021 at 13:58 | comment | added | Seth R | Even if they follow through on the bonus, it's a one-time thing. They pay you the bonus at the end of the year to "match" what the salary increase would have been, then after that you're back to square one with the same salary as before. | |
| Jul 2, 2021 at 12:58 | history | answered | Hilmar | CC BY-SA 4.0 |