I know someone with two job offers. Both have vesting/savings options. One though is back into an investment pool previously participated in.
So with all things equal (salary and vesting contributions), it’s like this.
A) Take job with 70% vesting, get 10% each year.
B) Take job with 0% vesting, get 10% each year.
At first I thought it was an equal situation, then realized that if someone worked for a number of years for vesting pool A, then they have more to gain by taking A? Because there is a chunk of non-vested money waiting for vesting, while B is starting from scratch?
Does this sound accurate?
So with all things equal (salary and vesting contributions), it’s like this.
A) Take job with 70% vesting, get 10% each year.
B) Take job with 0% vesting, get 10% each year.
At first I thought it was an equal situation, then realized that if someone worked for a number of years for vesting pool A, then they have more to gain by taking A? Because there is a chunk of non-vested money waiting for vesting, while B is starting from scratch?
Does this sound accurate?