New ask Hacker News story: Is it normal for companies to change their compensation package after starting?
Is it normal for companies to change their compensation package after starting?
5 by thatkindagal | 3 comments on Hacker News.
I started in 2020 and my offer letter had my salary and an amt of stock for me to vest..This is a public company..A few months after I signed , they significantly reduced the amount of stock to grant me by about 50 %..Company cited that it would not be fair for other employees because stock price had fluctuated too much in my favor..Legally I cant do anything bc my offer letter said RSU grant was at the discretion of the board..I was told to wait and someone would fix this but I have given up hope now..I have never worked at a large company before..Is this normal behavior at large companys ?
5 by thatkindagal | 3 comments on Hacker News.
I started in 2020 and my offer letter had my salary and an amt of stock for me to vest..This is a public company..A few months after I signed , they significantly reduced the amount of stock to grant me by about 50 %..Company cited that it would not be fair for other employees because stock price had fluctuated too much in my favor..Legally I cant do anything bc my offer letter said RSU grant was at the discretion of the board..I was told to wait and someone would fix this but I have given up hope now..I have never worked at a large company before..Is this normal behavior at large companys ?
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