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I work for an employee owned firm. They definitely place timelines on when you get vested and when you have to pay back certain bonuses. And then by that time you’re a shareholder and the money is too good to leave
Is it true that because people cannot leave due to these golden handcuffs, the natural career progression at the company stalls except for a select few?
I ask because I'm currently with a publicly funded consulting firm but have received an offer from an employee-owned firm. While the base offer seems mediocre, the addition of "bonuses" and "shares" makes it incredibly compelling.
Rising Star
Not sure I understand what you mean, can you clarify what an employee owned engineering firm is?
https://en.m.wikipedia.org/wiki/List_of_employee-owned_companies