Anyone here able to answer questions about coming on as a Cloud TSE? Coming to the role with about 6 years of relevant experience, would be working from a relatively LCOL location. Haven't had a conversation yet about levels, so interested in what that looks like, if there is a team matching process bc it seems like knowing the product, specialization, and location is as specific as it could be, and what comp to target.
im assuming you get to designate who the beneficiary is?
Yes? The premiums may be higher but, unless the firm and employee failed to disclose the health issues, if the insurance company will issue the policy this is legal and ethical.
Rising Star
Depends on the role - my previous firm had life insurance on all of the equity partners.
Rising Star
Signing life insurance has been standard upon joining a firm in my experience. If they waited, either it's unfortunate timing or they realized they needed to do this to keep up with other firms.
It sounds messed up, but is it? Sounds like key man insurance TBH, but will the firm keeping paying the same rate for the employee if the health issues keep them from work? Is the firm footing the majority of the health care costs? Is the firm taking anything away from the employee in exchange or making the employee contribute to it in some way?
Pro
Not life insurance but our firm has a (widely ignored) policy that no more than three fee earners can be on the same transport - same difference. The fee earners are part of what makes a firm’s worth.
Like on the same plane or in the same car? Wow.
For an employee--where the partnership is the beneficiary? That seems a little odd. But a partnership having life insurance on partners where the partnership is the beneficiary is not unusual at all.