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Originally Posted by Unregistered
oh crap you're right, i forgot about the stock price going up or down..
its RSU stocks, the company says they'll give me 14k sgd worth of it every year for 3 years.
but lets say if i want job hop next time, how ? do i only do it after stock vests or quickly bail 9+ months before vest ?
i feel like this RSU stock nonsense is like a dirty way to keep employees lol
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Not too sure about the job hop portion cos every company has their own vesting schedule. For examples, most tech companies do 4 years with 1 year cliff, so you might not even get any ESOP/RSU if you leave in 9 months
"dirty way to keep employees" -> but same can be said about AWS and annual/performance bonus mah haha as long as both parties willing, why not?
I think its not really a scam but more of a risk/uncertainty thing. For example, if you join SEA at their IPO days, your stocks value increase by 30x (i think?) but if you join 3 months ago, it would drop by 50%