https://www.levels.fyi/blog/lyft-vesting-schedule.html clearly if this is the new normal, it’s because it’s advantageous to the company. the 4 year schedule is no longer the incentive it used to be. and no, levels.fyi , a 1 year cliff *at the first year* are not handcuffs. you’ve invested no time, and the stock has certainly not appreciated that much yet. you need to stay for a year anyway to avoid job churn. i don’t know what this downside protection argument is all about. you’re always protected from downside — you can quit.
Yes 4yr schedule is no longer.... Lyft has started... Other companies like stripe are also following the suite.... Is it going to be an industry norm?
It’s a bad policy for employees
I see lots of my network at Lyft leaving for other companies. I am sure losing the high comp is part of it.
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