my work experience is almost entirely 2 & 3 year tenures and (anecdotally) companies are making vesting a bigger part of the compensation package and getting rid of pto to counteract people’s attempts at improving their livelihoods.
if you see a vesting heavy or “unlimited pto” compensation packages on offer; they don’t expect to keep you for very long.
My company gives up to an extra 2 weeks of PTO based on years of service. Stock Options/RSU have like a 3 to 5 year pay out vesting timeline with a % of it vesting every year. but you get new grants every year. So after you’ve been working for 3 or more years, you basically have a “full” grant value vesting every year. throw in 6 percent 401k match at 100 percent match my on paper below market value salary actually returns a pretty good total comp package. I’m not sure if switching every 2 or 3 years would provide me any significant benefit because of how my long term tenure at the company has paid off with these incentives for staying. I imagine there’s a probably something about jumping around early vs mid vs late career that factors into this equation too.
my work experience is almost entirely 2 & 3 year tenures and (anecdotally) companies are making vesting a bigger part of the compensation package and getting rid of pto to counteract people’s attempts at improving their livelihoods.
if you see a vesting heavy or “unlimited pto” compensation packages on offer; they don’t expect to keep you for very long.
My company gives up to an extra 2 weeks of PTO based on years of service. Stock Options/RSU have like a 3 to 5 year pay out vesting timeline with a % of it vesting every year. but you get new grants every year. So after you’ve been working for 3 or more years, you basically have a “full” grant value vesting every year. throw in 6 percent 401k match at 100 percent match my on paper below market value salary actually returns a pretty good total comp package. I’m not sure if switching every 2 or 3 years would provide me any significant benefit because of how my long term tenure at the company has paid off with these incentives for staying. I imagine there’s a probably something about jumping around early vs mid vs late career that factors into this equation too.