• asdfasdfasdf@lemmy.world
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    9 months ago

    IMO one thing I think should be made into law is that if a company grants unvested equity, everything granted will automatically vest when you get laid off.

    If you decide to quit before they vest, I understand that those grants should be forfeited. If you get fired for not doing your job, I also get forfeiting them.

    But if the company lays you off, that’s on their side, so I think the opposite (automatic vesting) should be guaranteed by law.

    • SoleInvictus@lemmy.world
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      9 months ago

      I had to verify the current situation in the United States is what you stated because it’s intuitively so wrong. I can’t believe an employer can set terms for compensation and, through no fault of the employee, legally prevent that employee from completing those terms.

      Land of the free!