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Equity is a Double-Edged Sword

Equity is a Double-Edged Sword

FromThe Job Doctor - Tessa White


Equity is a Double-Edged Sword

FromThe Job Doctor - Tessa White

ratings:
Length:
26 minutes
Released:
Aug 14, 2023
Format:
Podcast episode

Description

Danny worked closely with the STO and CEO of her company for 8 months until she was abruptly demoted and let go with little to no explanation. She was released shortly before her equity vest date and received no severance or vacation payout. She suspects discrimination may be a factor.Can a company quietly let you go without proper cause? What rights do I have to pursue a claim against the company?Tessa explains the rights that companies have in regard to termination. She encourages Danny to meet with an attorney. Companies respond to risk and creating a claim presents risk.How do I avoid an “equity scam” in the future?Pre-negotiate a severance for middle level to senior positions.Before time of release, try to negotiate a deal with the company to allow you to land on your feet.Understand how and when equity vests.Address signs that the company isn’t happy head on. To be a guest on The JOB Doctor Click HereOrder Tessa's Book "The Unspoken Truths for Career Success: Navigating Pay, Promotions, and Power at Work"
Released:
Aug 14, 2023
Format:
Podcast episode

Titles in the series (39)

People have a love/hate relationship with the workplace, and it’s not getting any easier. If anything, the friction is at an all-time high. The truth is, you spend more time at your job than with your family or friends, so why not learn how to make the workplace work for YOU. We are talking about how to get more money, when to stay or when to leave, how to talk to your manager about tough topics, and breathing new life into your flatlined career. From pay to promotions, from power to politics, we get into the nitty-gritty and help you claim control of your own workplace wellness. The Job Doctor is In…