CompensationOct 29, 2019
Walmartwowzie

Company asking stock statement ?

New company currently asking for stock statement to match my competing offer. Have anyone asked this before? Do I need to give just number or actual statement? YOE - 4 TC - 180

Add a comment
Microsoft trump_007 Oct 29, 2019

It’s confidential don’t give, also it shows a lack of trust, I wouldn’t join such a company

Walmart wowzie OP Oct 29, 2019

This makes sense. It's just odd they are asking in the first place.

Microsoft trump_007 Oct 29, 2019

The HR negotiator seems silly, you can bring it up with him as to why he needs this information

Google əๅɓoo⅁ Oct 29, 2019

I just gave the number in the past, but if they specifically said statement, give them the statement (I don’t think they should ask though)

Microsoft trump_007 Oct 29, 2019

Giving them confidential docs is not right

Uber rqDs70 Oct 29, 2019

It's not confidential

Okta duckingbay Oct 29, 2019

"I'll show you mine if you show me yours"

Microsoft trump_007 Oct 29, 2019

Such a statement can only be made by a business minded company who doesn’t trust and has no respect for employees. If you have the courage, tell them that you are not obligated to show this information and check their response.

Google əๅɓoo⅁ Oct 29, 2019

Yes, you don’t have to share. And they don’t have to match whatever number you give them...

Microsoft iOhs74 Oct 29, 2019

Well, how much did you inflate the other offer / your stock by?

Walmart wowzie OP Oct 29, 2019

Am requesting atleast 50K RSU to match my competing offer

Microsoft iOhs74 Oct 29, 2019

So You have a competing offer and want Walmart to give you 50k, or you’re playing two companies offers to get the highest total? If it’s the latter, I think they’re within their right to ask for proof of a competing offer (actually I think both instances they are within their right to ask for proof)

Ecolab eclmp88 Oct 29, 2019

When discussing opportunities with candidates I will ask TC expectations Base, Bonus, LTI. When making an offer I want to make sure candidates are made whole on what they’d be walking away from and it is policy we won’t buy out stock without a stock statement. Last offer made had a 1M buy out of unvested RSU’s. They were given a hiring grant in our company’s RSU’s to make up for what they were walking away from.

Google Techmeme Oct 29, 2019

Lol policy doesn’t mean it is right

Facebook zuckburger Oct 29, 2019

Why’s it not right? If someone is looking to be made whole on what they’re walking away from, it’s not an unreasonable ask.