Comment on This job description for a job posting by Amazon
GissaMittJobb@lemmy.ml 2 days agoEvenly weighted vesting schedule: Your grant vests the same amount every month for every year of the duration of the grant. For example, 1/48th of the grant vests over 4 years.
Back-weighted grant: Your grant vests less or not at all for the early period of the grant, and then a majority in the later part of the grant. For example: Year 1 10%, Year 2 20%, Year 3 30%, Year 4 40%.
Why it’s fucked up: The company is incentivized to abuse your labour early in your employment and then push you out before the majority of your compensation package kicks in.
Equity is already enough of a pair of golden handcuffs as it is, there’s no need to make them worse from this perspective.
dependencyinjection@discuss.tchncs.de 2 days ago
Thanks I understand it now.
This isn’t what we had at Apple. They would vest after two years. So after year two you would have stocks vesting every year and when you leave you would only be leaving the last two years on the table, which seems more reasonable than the Amazon example.