What a joke. Long term incentives (LTI) is like a jail cell for top performers. You can't leave but can be laid off on a whim anyway and lose it all. Sorry, just venting.
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I received LTI almost every year for past 8 years… getting laid off with 3 years of LTI is a kick in the pants. They essentially paid for many layoffs using employees own LTI. What a sham.
Hey that is a genius scheme!
$100,000 LTI is a joke. Go to a real company that actually offers equity.
I received LTI almost every year for past 8 years… getting laid off with 3 years of LTI is a kick in the pants. They essentially paid for many layoffs using employees own LTI. What a sham.
The fact you had that much shows you were well taken care of in the past. Most won't get that in their whole career. Sad however that they don't best those for employees they laid off.
Sure you can leave - you just have to negotiate a package at your new company that has a hiring bonus to cover your options. You had that choice. It's something those of us with LTI have to consider knowing Dell can yank them out from us on a whim if it hasn't vested yet
100k? What level of employee?
su-ks
same, 60k in the cr-pper. F Dell
You lose the unvested part(s) . The vested part(s) is yours and you take that with you outside Dell
What a scam.
100% agree