Question:

Severance Options/Negotiations - fairness and in good faith?

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1 year ago I had 2 job offers. Job A had a higher title, offered a higher salary and bonus but only offered stock options. Job B had a lower title, lower salary and bonus but they offered restricted stock grants (RSUs). I went with job B as the RSUs had significant value - yet there was a 3 year vesting cliff. The company that offered me Job B is now giving me a choice of taking a different job (less responsibility - not a job would have accepted originally) on the other side of the country or take a severance (12 weeks pay) and no vesting of the RSUs. Is there another option? I feel I gave up a higher title (limiting new job opportunities), more salary and bonus for this company's promise of RSUs. What is the probability of negotiating a severance package different than the standard package they are giving to everyone else? My RSUs are currently valued at $300,000

What would you do? take the 12 weeks and walk away or????????

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  1. What companies promise to get you interested doesn't mean squat unless it is in writing! If it was verbal,the chances of them lying about the initial promise is very likely. Take the severence and run ,unless the other is iron clad.

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