So I’d some advice. I recently got a mid level developer job at a start up and as part of the job description I was told I would receive sign on shares of the business and an annual shares bonus. Since joining the business they have been acquired by a larger company and have told our company to scrap this scheme as it isn’t something they provide. What should I do, I’ve not been in this situation before?

like
Posting as :
works at
You are currently posting as works at

If possible I would try to have a conversation about your compensation then. Part of what you were expecting is no longer on the table, will there be something else offered or is that just taken away now? Unfortunate timing of events and hopefully it is addressed in some way.

like

There isn't a lot you can do. As long as this was done legally (most likely it was) then they (the company that purchased the startup) are well within their rights to change the compensation plan. This happens all the time. You can, of course, also leave and get another job if the compensation no longer matches your needs.

like

Review the original compensation plan, looking specifically for legally binding language that would obligate any future owner to honor the terms of that agreement. Absent that language, the new owner is not obligated to continue any of the policies and procedures of the original owners. If the stock shares are presented as "compensation shall include," you may have a possible threat of legal action if that part of the compensation package is abrogated. If the stock shares are "in addition to" the salary, you don't. It would similar to a jolly old soul of a boss giving generous Christmas bonuses and the new Scrooge of an owner doing away with Christmas bonuses.

Jelly of the month club.

It probably all comes down to whatever you signed when you took the position. But it's possible, perhaps probable, that you'll have no recourse. That's the risk of working for a startup, things are always subject to change and it can put you in difficult situations (you can guess how I know that).

Related Posts

Hii guys,

I was getting my appraisal next week, my YOE is 1.8,
And current CTC is 3.6 lac. How much CTC should i expect? Compair to current market.

Tech stack:- ReactJS, NodeJS, AWS Micro services, and few others...

Position:- full stack developer/ MERN Stack developer.

like

Just over 6 years in B4 financial services tax in PNW area. Mostly doing compliance work pumping out K1s and returns. Just got an industry offer at 155k 15% bonus and 100k equity (4year vesting). Fully remote position with occasional travel. Should I accept? I know it's a long shot but deep down I always had an ambition to pursue PA to see if I can make a partner. Please share your experience.

like

WNS Global Services Can anyone please help me understand the organization hierarchy and if possible minimum years of experience & salary brackets associated with each level? SalaryBox WNS Global Services

like

anybody aware of tcs negotiating after resigning? if yes, how much one can bargain in terms of % for a 10 yrd exp guy.

like
like

Anyone have a gauge on salary of a supply chain professional with 12 years experience?

like

What will be the inhand salary at tcs on 10 lpa

like

I’m entering salary negotiations at a Fortune 500 company and am looking for trustworthy resources for salary data that I can share with the company if they ask where I got my numbers. I know Glassdoor, but what else?

like

Hi im having 3 yoe having 2 offer 1.Nice x+2 variable+1Joining bonus 2.Bitwise x+2 fix which one i should join plesae suggest in term of job security and learning wise

like

What should be ideal expected package for .net full stack developer currently having 8.5 LPA ??

Hi all,

I just got an offer from Fidelity International for Application Support Role ( skill Java, spring) the Post they are offering is Analyst Programmer.
Total yoe is 3years.
Current ctc 4.35lpa

How much hike should I expect. How is the wlb in FIL.
Is it good to join as a Tech guy in FIL?

like

Hello everyone
Can someone tell what is the salary range for Data Architect(informatica, DWH, BI reporting) in UST.
Current CTC 26
YOE 13.5
Have offer of 38 from one of the Big4

Will UST counter my offer?
How's the work culture in UST?

Thanks

Hi all, I have been in social services for about 2.5 years now. Initially as a Case Manager and now a Care Coordinator. I currently make $25/hour while living in San Diego, CA. Does this pay seem fair to where I live/the job description?

like

Have an offer to move from senior associate to NEP role at insurance defense (toxic tort mainly) firm in Chicago. Base salary $175,000 - fair base compensation in current market or below market value?

like

Hi Fishes
Can anyone kindly breakdown how would my in hand salary change post this revision?
Currently I get ~88k in hand. Thanks.

Post Photo
like

I have offers from Accenture, CTS and Fujitsu. Which I should join? YoE: 3.6 All for Pune location. Package: Accenture - 8 LPA ( may counter offer equal to Fujitsu) CTS - 9.7 LPA Fujitsu - 11 LPA Infosys Accenture Cognizant Fujitsu

I’ve heard salaries have gone up quite a bit in the midst of the pandemic and I’m wondering if this is true for EAs as well. There’s a myriad of data online about EA salaries depending on age/experience but I’m interested in salaries from jobs accepted in 2020/2021 specifically!

Please feel free to share:

- Your salary from any job accepted in 2020/2021
- Any offers you may have received but rejected
- Your length of experience

Thank you!

like

What is the pay scale of design ops manager?

like

I have Golang experience of around 5 years (4.8). I hold a package of 12.5LPA right now. What should I expect an package if I am planning to switch my job.

Skiils : Golang, AWS, Gitlab, Jira, Docker, Psql.

like

What will be salary for 3yrs data scientist

like

More Posts

Give me the strength to set a boundary today and do something fun instead of waiting by my computer for emails

like

How much you guys make with 2 yoe in fed consulting. Just got promoted and now making 91k. Is that low or high for the fed space?

like

Does IBM have good onsite opportunities?

like

Polling those willing to share. What is your OTE? And does your base comp ever increase based on performance or a merit increase?

like
like

GE I don't know why getting Null Pointer Exception in Debug logs gives me utmost satisfaction 😅 Newco Accenture Deloitte Tech Mahindra Capgemini PwC

likefunny

How can we spin this so it doesn’t seem like Trump was using American institutions to investigate his political rivals? Isn’t this basically what Watergate was all about?

like

I got more in AIP than Trump paid in taxes 😂😂

likefunny

Anyone know the salary range for a newly promoted senior in healthcare advisory?

like

Good consulting books? Not talking case prep but a fun read about the industry and what it takes to succeed, etc. Thank you!

like

I’m putting in my notice with EY, what kind of things (personal/benefits) should I do beforehand? Thinking at least exporting CPE history and submitting expenses. Also not sure how others have had health insurance work in the period b/t EY and the new firm.

like

Currently a senior 3 at EY and hope to get promoted to manager next year by October. Is it better to move over to BCG after promotion as a project leader? Or would that not be a lateral move as a EY manager?

What kind of work does you guys do here am one of the real estate property management licensed agent am looking to employ new workers this week if you are interested am paying $650 weekly message me directly for more details ASAP.........

like

Guys i am in canada. Looking for some ideas for side gigs. Currently working as an insurance consultant. Thank you

Hi fishes,

I got a offer of 26lpa(23.5 fixed and 2.5 variable) from genpact and 21 lpa (20 fixed , 1 joining) from epam, not sure which one should I join. Please if someone can advice me which i should join keeping ressession in mind. Thanks in advance@

like

S&P Global Hey everyone, Heard this rumour that huge layoffs are going to happen in S&P global india....can anyone give heads up about this ?

S&P Global

helpful

I am a person, not a machine. That is all.

likeupliftingsmart

how much package i can expect with total 6 year of experience includes web API development and 2 year of AWS experience on EC2, Fargate etc (certified with AWS developer) and 3 years of Onsite experience

like

Okay, assuming tOSU wins... Who is #4?

Hello everyone,I recently joined Cognizant and received an auto-assignment to a project ,I have project details and project id but no contact details . How to proceed further,the employee marked in CC are all hrs. How to know about project any Idea? Cognizant

like

Additional Posts in Tech

My company, Pegasystems, is agressively hiring for Senior Solutions Consultant (presales) positions nationwide. If you are interested in working for an amazing company with market leading products and a great culture, please message me. Happy to discuss further. Assuming you are reasonably qualified, I can provide a referral as well.

like

Hi Campus Recruiters at EY Canada. A month back, I have given a Hirevue interviewed for Technology consulting 2023. I have a couple of years of experience in Technology consulting. I have not heard or received any communication. Is the hiring already complete?

like

Is it easy for engineers to become TPMs?

like

Have any of you enrolled in or completed the Penn MCIT program and be willing to chat about your experience?

like
like

So I need help ! I received an offer for director position at pharma. How do I negotiate my offer? They are asking if I will be moving away from stock options, bonus and vacation. Can I lie about my bonus even though I have already received it? Will it convince them to give me a signing offer? Let me know please

like

Happy Monday afternoon to everyone except to those recruiters who ghost job seekers 👻

likefunny

Can we start a thread of people hiring and for what roles/pay range? And/or add your skills or what you’re looking for in a job and see if we have any matches with skills/positions?
Maybe we can all help each other out! I know the market is crazy right now, this could be a cool way to find talent? Or am I all wet.

like

Equifax What is the salary bracket for 6 years experience candidate at Equifax in Atlanta and also St Louis?

likefunny

Just wanted to know how much a resource promoted to SA from A will make in Chicagoland area Vs a resource traveling from India to US in the same designation as SA in cognizant. YOE 11years.

like

Any advise on best course of action for case in which manager intentionally blocks promo opportunity (on different team) so they can keep you in role. And then claim that you are not ready for promo (after they initially were all about you being ready)?

like

Got the outcome call from my interview with Amazon and the team moved on to another candidate but they want to show my resume to others hiring managers? Any tips ? Recruiter said I won't have to go through the full loop again but just a call with the hiring managers I am interested in.

like

Question fellow fishes: How long do we actually think fintech is going to dominate? When it comes to substantial wealth, security outweighs convenience. Seems to me like people reach an upper limit with fintech apps before switching over to traditional banks and firms. What say you?

like

How much does a support advisor make at shopify?

like

Is it a bad idea to leave tech and try something else if I want to go back to tech eventually? For context I have the opportunity to move to London and pivot into a new field for me but the job is at an agency. I know I’d want to eventually go back to tech but paranoid it’ll be more difficult - thoughts?

like

My company is changing policies for remote work from international to national only. Do I have any leverage? I'm finding it really hard to get concrete info on what would make a company do so and if I can come up with any sort of rationale to have them let me stay international. Any thoughts appreciated

like
like

How easy is it to move from an investment bank firm to a tech company?

like

Can someone tell me what it is like working for CISA? I am wondering if I should accept my offer with them or move on?

like

Need advice in choosing between 2 offers :
Company 1 : $170k base + 10% bonus + 136k rsu + 5k sign on
Cons : junior title\level, hybrid

Company 2 : $150k base + 10% bonus
Pros : senior role\title, fully remote

Would you go for junior role for high salary? Would it hurt in future?

Current: unemployed.
Location: Bay Area
Thanks in advance.

like

New to Fishbowl?

Download the Fishbowl app to
unlock all discussions on Fishbowl.
That was just a preview…
Sign Up to see all discussions
  • Discover what it’s like to work at companies from real professionals
  • Get candid advice from people in your field in a safe space
  • Chat and network with other professionals in your field
Sign up in seconds to unlock all discussions on Fishbowl.

Already a user?
Login here

Share

Embed this post

Copy and paste embed code on your site

Preview

Download the
Fishbowl app

See what’s happening in your industry
from the palm of your hand.

A phone with Fishbowl app

Scan your QR code to download
Fishbowl app on your mobile

Download app

Sign up for free to view this conversation on Fishbowl

By continuing you agree to Terms of Use and Privacy Policy

Already have an account? Log in

Sign up for free to continue using Fishbowl

By continuing you agree to Terms of Use(New) and Privacy Policy(New)
Messaging rates may apply

Already have an account? Log in

For account settings, visit Fishbowl on Desktop Browser or

General

Legal