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ZoomyPenguin
ZoomyPenguin
Stealth

ESOPs

How do you tell your boss that he/she is keeping all the ESOPs and doing 10% of the work and I am getting peanuts?

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16mo ago
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ZestyQuokka
ZestyQuokka
Stealth16mo

This is so true. When I put in papers from last job(startup), people were shocked I didn't have esops. I didn’t know it was an option to negotiate. But anyhow they had 8 years vesting period

ZoomyPenguin
ZoomyPenguin
Stealth16mo

Who has 8 year vesting!!

ZestyQuokka
ZestyQuokka
Stealth16mo

I knoww. 12.5% vesting for each year. Not even sure they will survive that long 🤭

CosmicPretzel
CosmicPretzel
Coursera16mo

He is boss for a reason :)

ZoomyPenguin
ZoomyPenguin
Stealth16mo

So not fair!

ZoomyPenguin
ZoomyPenguin
Stealth16mo

But I have to confront, how to negotiate? Most work is qualitative and not quantitative!

What to do if the boss takes all the credit?

CosmicLlama
CosmicLlama
Stealth16mo

only useless Shitty ESOPS are given in plenty to workers. If they even suspect a possible payout, they woudnt share it.

QuirkyMarshmallow
QuirkyMarshmallow
Walmart16mo

If you don't have ESOP and consider yourself valuable, that is one less (main) reason to stay in the company. ESOPs are supposed to be retention incentive for people to stay longer and grow with the company

FluffyNugget
FluffyNugget
Plivo16mo

Idk if they really ever cash out. Sure if u stay long enuf smthng will happen. But just to stay for that day to come by is not worth

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