How would being laid off affect your vesting? Wasn't that the objective, vest?

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Jan 20, 2018
12:24:13pm

rmsenior Starter

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rmsenior

Previous username: (Private)
Bio page: rmsenior
Joined: Jan 12, 2004
Last login: May 4, 2024
Total posts: 2,273 (9 FO)

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Messages

Author

Time

Would you feel guilty taking all six weeks of paid parental leave at your company

CrimWalCoug All-American in practice

1/11/18 10:05pm

Nope

ballen

1/11/18 10:08pm

No notice no cool. But if current job was horrid and you want to burn a bridge

CarolinaCoug

1/11/18 10:08pm

The current job is great. The new job is in a different state and in a different industry.

CrimWalCoug

1/11/18 11:06pm

Absolutely not. I would cash out all my vacation days too.

YIsForBrigham

1/11/18 10:09pm

Of course, I would tell my boss that’s the plan beforehand.

YIsForBrigham

1/11/18 10:11pm

What if there was a likelihood you get axed on the spot?

CrimWalCoug

1/11/18 10:17pm

Then I would not tell him and I’d take the chance it wouldn’t hurt me later

YIsForBrigham

1/11/18 10:43pm

I'd feel guilty taking 6 weeks paid leave even without another job lined up.

dreamlvr

1/11/18 10:09pm

Why?

scootsy

1/11/18 10:10pm

What? If it's a company offered benefit you should use it guilt free.

mottman

1/11/18 10:26pm

Especially paternal leave. If the company offers paid leave, would you really rather still work than be with family?

scootsy

1/11/18 10:32pm

Millennial?

dreamlvr

1/12/18 4:34pm

Yep. Maybe you and I are different, but I had no control picking the time I passed through my mother's uterus.

scootsy

1/14/18 3:04pm

Ethically, it isn't something I would do. First, you have a axe to grind with your current employer? Because the

ChinaFan

1/11/18 10:10pm

What if you were doing it so equity would vest?

CrimWalCoug

1/11/18 10:15pm

an unjust demotion would bug me enough to stick it to the man.

SweetBabyG

1/11/18 10:25pm

well, now you bring facts not previously in evidence to the equation.... so let me give you this thought,

ChinaFan

1/11/18 10:42pm

Definitely agree it would be ideal to get my new employer to push back my start date.

CrimWalCoug

1/11/18 10:50pm

Nah, 2 weeks notice is all you owe them. Take the leave if since it's lierally

NSFW

1/11/18 11:51pm

All 6 weeks of parental leave are paid? So half way through you would start

Pasadena

1/11/18 10:13pm

Agreed.

mulletino

1/11/18 10:14pm

There is no current policy against it at company A.

CrimWalCoug

1/11/18 10:20pm

Then go for it. Why are you asking? My opinion stands and if I were your

Pasadena

1/12/18 12:04am

Why? It’s company policy. It’s part of his negotiated benefits package. A boss who looks down on you for exercising your

YIsForBrigham

1/12/18 12:20am

Well, I should qualify my answer.

Pasadena

1/12/18 2:28pm

But obviously the company sees this differently as they are the ones who created this policy.

CrimWalCoug

1/12/18 2:39pm

I disagree that the "Company" thinks it's ok. Your company manual

Pasadena

1/12/18 4:19pm

Where are you finding these women who are taking only three weeks of maternity leave?

CrimWalCoug

1/12/18 8:08pm

<< Deleted >>

rmsenior

1/12/18 12:15am

If paternity is covered under FMLA,

NewYorkCougar

1/12/18 7:25am

Really depends on a lot of factors

cougarfann888

1/11/18 10:13pm

I probably wouldn’t. But I wouldn’t fault someone who did.

v1k0u6

1/11/18 10:15pm

Companies aren’t loyal.

v1k0u6

1/11/18 10:15pm

I’ve seen five rounds of layoffs in my 10 year career at the company.

CrimWalCoug

1/11/18 10:23pm

And you'd lose your insurance, which your wife probably needs.

SweetBabyG

1/11/18 10:26pm

myth, he can't lose his insurance, but he would have to make his Cobra payment.

ChinaFan

1/11/18 10:44pm

If the company paid for it previously, he lost it. Cobra is the state replacement he pays himself.

Turnpike Lane

1/11/18 10:52pm

If you brought it to HR and got fired you'd get paid for 60 days, right?

Great38

1/11/18 10:32pm

Don’t know. I can’t ask the question as HR is notorious for acting like a jilted lover.

CrimWalCoug

1/11/18 10:41pm

Sounds unethical to be getting checks from two companies

Josef K

1/11/18 10:47pm

What is unethical about it? Neither company is aware of the situation.

CrimWalCoug

1/11/18 10:57pm

I’m assuming that company A, like most companies, would fire the employee if

Josef K

1/12/18 12:45am

No way. That’s awesome for you.

WDaddy

1/11/18 10:52pm

I would never come close to doing that but as with many things

CSoul

1/11/18 10:57pm

What if I were a woman taking all of my maternity leave and had no intention of going back to work?

CrimWalCoug

1/11/18 11:23pm

It's part of what they used to entice you to work for them.

Cashmeousside

1/11/18 11:19pm

Agree, there's plenty of stuff your company pays for that you don't use/need.

NSFW

1/11/18 11:58pm

Who cares, your quitting, just give them whatever notice is standard for the ind

BNcoug

1/11/18 11:53pm

What if I give them notice halfway through my parental leave?

CrimWalCoug

1/12/18 4:30am

If your equity vests at this point this seeems like a fine option

holipuluki

1/12/18 7:29am

I wouldn't. My last job I gave a two week notice because I felt it was the right

Chemish

1/12/18 5:26am

Is it a competitor? Seems like there would be some type of conflict of interest

Fdnman

1/12/18 5:57am

Not a competitor or a supplier. Different industry and different state.

CrimWalCoug

1/12/18 6:01am

Not my style to stick it to my employer, even if there are problems.

SouthernCoug

1/12/18 6:56am

We adopted several months ago, but I never took my paternity leave.

CrimWalCoug

1/12/18 8:30am

Personally, I would not start a new job with a new company while I was still employed

Clark Addison

1/12/18 7:02am

Have you told your new employer that you're still on the old job's payroll?

Linescratcher

1/12/18 7:04am

This is a good option that I hadn’t thought of.

CrimWalCoug

1/12/18 8:49am

So here's what I think....

Adrielle

1/12/18 8:06am

I'd feel guilty about it but would still do it. Once I'd get that 2nd paycheck in the same day I'd use it to buy a

HarlemCoug

1/12/18 9:58am

For me it’s not about the pay from the six weeks. It’s about bridging the gap to have my equity vest.

CrimWalCoug

1/12/18 1:49pm

for me .... the vesting adds enough that I wouldn't feel much guilt. You've essentially earned the right to the

HarlemCoug

1/12/18 4:59pm

My boss’ boss was laid off yesterday, so one less bridge to burn as I leave the company abruptly.

CrimWalCoug

1/19/18 6:47pm

If I were in your shoes I’d be doing the same thing.

Josef K

1/20/18 8:49am

1,000 more people are supposed to get laid off this week. I’m praying I’m one of them.

CrimWalCoug

1/20/18 10:12am

can't you go ask someone privately to ensure you're on the list?

HarlemCoug

1/20/18 10:32am

How would being laid off affect your vesting? Wasn't that the objective, vest?

rmsenior

1/20/18 12:24pm

The company will give you your bonus and accelerate your vesting for that year.

CrimWalCoug

1/20/18 8:55pm

I hope you get fired!!!!

HarlemCoug

1/20/18 9:23pm

UPDATE: My company is laying off over 1,000 people at corporate today.

CrimWalCoug

1/25/18 8:34am

Wow. Maybe you’ll get a huge promotion out of this.

Josef K

1/25/18 8:44am

Nope. We are getting really lean and consolidating big time.

CrimWalCoug

1/25/18 8:48am

curious if these layoffs would make it easier for you to get promoted - so staying may be wise?

HarlemCoug

1/25/18 9:26am

There is a big focus on reducing the layer I would be promoted into.

CrimWalCoug

1/25/18 10:18am

so at the moment your job is "safe"? Too bad you didn't get laid off...

mottman

1/25/18 10:26am

Another update on this situation.

CrimWalCoug

2/23/18 2:53pm

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