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Reply to "Capital One’ Performance Management System"
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[quote=Anonymous][quote=Anonymous][quote]I had same issue with my staff back between 2009-2013. We gave a higher bonus than any company. But 50 percent was in stock with three year vesting. They wanted it now. Of course. [b]Neither even needed money to tell you truth. One was single living at home, one was dual income in a condo with husband.[/b] They worked for me for five years. Even though the equity piece went wild, I mean it always doubled since stocks were flying up they complained. My final issue they actually complained their bonus was bigger than salary now so one asked for a raise as she was now used to spending the huge bonus when it comes due and what if it stops if market falls. Their 50 year old self will look back at their 27 year old self and go WTF.[/quote] Bolded section should NEVER have entered your brain. Get some training, or get out of management.[/quote] OP did not enter thought process giving out bonus. But my giving someone 30k stock with three year vesting in March 2009 was lotta cash when vested for the 25 year old. His brain could not comprehend the great deal [/quote]
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