Like really! Why? This is f unfair. (No, I've not been rejected by Snap)
I wish more companies do this, to pressure my company to do it too.
So does Zoom. It shows leadership and management cares.
So naive. It simply shows they are afraid of attrition.
Duh !! Afraid of attrition means they care about retaining talent. I know some ahole companies like G and As of the world where no matter how great your contributions are, you are treated like a dispensible object and does not give a damn about whether you stay or leave.
Because employees would leave if they didn't top up. It's to prevent flight risk
Duh. Because otherwise their good employees will leave and work towards greater stock vests. Who would stay at a company when their next two or more years is at an 80% lower price than they could get at a competitor?
91% *
You're kind of right. Equity grants to employees are basically a free bet the employee gets to place on the company stock. If the price goes up, employee effectively gets a free raise. If the price goes down, employee leaves. The second part there sometimes motivates employers to sweeten the deal for the employee when the price goes down. It's the price a company pays if they want to give out a lot of comp via equity, which a) costs them little to nothing, and b) aligns the employee's incentives with the company's.
SoFi is planning to do some juicy ones too
Like what?
Because they don’t want insane churn
What an envious d*ck? 😂 Mind your own fuckin business boomer
Congrats on the top-up. Snap engineers are good. I don’t understand the hate.
🙏🏻 It’s the 🧂
Amazon takes money back when the stock rises by not issuing new grants even if you’re a top performer lol
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You’re just jealous
so? it's a natural human instinct. that doesn't explain anything.
This doesn’t make me jealous. I’m glad for snap employees and hope my employer does the same thing.