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I received today an job offer via email for a role with a package including "Equity/options/%" as below:

I am very pleased to present the offer from company xxx!

  • $xxx + Super

  • 12-month retention bonus

  • Equity/options/%

  • Xxx paid leave

I am a bit confused on what is the difference between the three, and if I understand well I need to get back to them on what I prefer so I would like to get the thing right.

  • Added all message to add context. Verbatim except xxx – Yooz Aug 23 '18 at 11:39
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    why not ask the company instead of us? sorry to chase you away, but it just seems silly to ask strangers for help when there is someone you can talk directly to who has the absolute answer and who is happy to tell you that answer – bharal Aug 23 '18 at 12:50
  • You mentioned that you need to get back to them about which of the 3 choices you will take. Did they say that to you separately? That is not the first way I would have interpreted the offer letter. – Justin Aug 23 '18 at 14:54
  • Sorry, I did not realise it was that uncommon. @Joe, Super is the retirement contribution in Australia. The all thing goes through a recruiter so that maybe where the meaning got lost. Thanks everyone for your help – Yooz Aug 23 '18 at 20:32
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The three choices they have likely offered you are:


Equity

Equity generally refers to being given shares in the company, which means you own part of the company and are eligible to vote on company matters.

This is relatively straightforward, in that you are given a "thing" (the shares) which may or may not increase in value, and that you can sell to somebody else when you want.


Options

Stock Options are a contract that specifies you can buy shares at a later date, for a pre-specified price. This means you do not have to commit to the shares immediately, and can wait to see if their price does rise (at which point, you can exercise the option to buy the shares; at a lower price than they're currently worth).

The Stock Option itself has value and depending on the contract may be tradable by itself.


Percentage

This is harder to parse, as reducing it to a single symbol doesn't convey particularly much information. However, one possible meaning is percentage profit share.

This means you receive some percentage of the company profits, in years where a profit was made, but have no controlling stake in the company.


Of course, with all of these things - the specifics will be very dependant on the specific offer they give you. I'd recommend speaking to them about this and not assuming anything. Especially given the last one "%" - which could mean any number of different agreements to different companies.

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