Wow learned something new today. In my industry its standard 18 months its all yours going forward.
Stock options have always been a joke though, we had “windows” we could exercise them. Well wouldn’t you know it the stock would tank a few days before the window opened… EVERY. FUCKING. TIME.
DOH!
This comment was meant for Jaybone, my mistake.
The company matching contribution can be taken back if you separate in the 1st 18 months typically (and they do, been there).
Not in my world, its been 18 months for the last 6 jobs over 30 years. Might be the vocation, I’m in aerospace.
But fuck me 5 years? That egregious in my opinion… 2 years tops, the rest is an open invitation for dickhead management to be assholes. Or an incentive to fire you at 4y 10m to get their interest gaining money back.
The company matching contribution can be taken back if you separate in the 1st 18 months typically (and they do, been there).
Thats how signing bonuses work… I never spent one I got until well after the “probationary period”.
Same w/ 401k’s, thats usually 18 months.
He can add this to his break up song (One More Minute)
“I would rather be hit by “Alyankovic 14331” than spend one more minute with you.”
It was in "ALLLLLLLL"BUQUERQUE quadrant!
Screw that I miss old school spiders/crawlers. If you knew how to search them correctly you could find “pass dumps” and all kinds of weird shit you can’t find now days.
Now every search is ranked bullshit and ads. Dead internet is here and only going to get worse…
Caacaa Doodoo
teehee.
Oh this is gonna be sweet, my photo is of a 1970’s pr0nstar.
IDK what they would call ours, they would give you “x” amount of options at market but they we not real stock. When the trade window was opened you could sell them for the profit of the original issue price. So say they give them at 10 bucks and the window opens and its at 20 bucks you make 10 bucks per share.
It was a joke as the stock tanked every option window.
I did get lazy w/ one company and bought all company stocks w/ my 401k. They ended up being bought out by a major US blue chip company. That was a lucky wind fall.
Win some, lose some.