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The IPO gamble I'm trying to decide on

I've got an offer from a startup. The role is a step up, more senior title, and more interesting work, but my total compensation would drop by about forty five percent compared to where I am now. The difference is equity. If they IPO in the next few years, I could make way more than I'm making now. If they don't, or if the stock is worthless, I've just taken a massive pay cut for nothing. I'm trying to decide if I'm crazy for even considering it. I've got a mortgage and a kid. Stability matters. But I'm also miserable at Open Text. Has anyone taken this kind of risk and had it pay off?


New CEO's compensation package was just detailed in an 8-K filing

New CEO's compensation package was just detailed in an 8-K filing: base salary of CAD 1.2 million with USD 7 million long-term incentive plan (70% PSUs, 30% RSUs - vests Sep 2029):
Target Bonus: CAD 1.62 million
Sign-on Options: USD $2 million
Sign-on RSU: USD $2 million
Total Target Direct Pay: ~ 13.8 million (sum of 1st year salary, bonus and all equity grants)


Help with Actual Several Expected???

Could some of you help me with what I can actually expected to receive after my last date of 12/19 in Ga office? I see a specific amount calculated by my total comp divided by years of serviced and then multiple by two.

Will I receive any of the following in addition to that?
1) Vacation days paid out?
2) Current Stock together un-vested amount?
3) 2025 STI?

Thank you.


Verizon: Executive Compensation

Here are numbers for 2024:

  • Hans Vestberg – Former CEO – Total compensation: US$ 24.16 million
  • Craig Silliman – Former EVP & President, Verizon Global Services – Total compensation: US$ 15.12 million
  • Sowmyanarayan Sampath – EVP & Group CEO, Verizon Consumer – Total compensation: US$ 13.28 million
  • Kyle Malady – EVP & Group CEO, Verizon Business – Total compensation: US$ 12.30 million
  • Anthony Skiadas – EVP & CFO – Total compensation: US$ 11.25 million
  • Vandana Venkatesh – EVP, Public Policy & Chief Legal Officer – Total compensation: US$ 6.43 million
  • John Stratton – Executive at Verizon – Total compensation: US$ 7.04 million
  • Marni Walden – Executive at Verizon – Total compensation: US$ 6.75 million
  • Marc Christopher Reed – Executive at Verizon – Total compensation: US$ 6.17 million

Sources:

https://www.sec.gov/Archives/edgar/data/732712/000130817925000404/vz4363511-def14a.htm
https://www1.salary.com/VERIZON-COMMUNICATIONS-INC-Executive-Salaries.html
https://bullfincher.io/companies/verizon-communications/ceo-salary
https://salary.com/research/executive-compensation/verizon-communications-inc-executive-salary


I read this past Tuesday that lost their fight for Stars ratings

I read this past Tuesday that lost their fight for Stars ratings. If this is true, that means no bonuses from the MA plans via the government, which in turns to lighter pockets for the "suits & shareholders".

Of course, the trickle-down effect from this will be taking it out on the employees, more RIFs, ERP, whatever.

Oh, and the Total Rewards email that some of you are talking about? Yeah, it's total BS, totally! Definitely a play to "try" to get more to jump ship.

IF Humana is following industry standards, they need to FITFO as to WHAT UNC is doing so well that their stocks jumped & their stars ratings have massively improved.


Are RSUs gone permanently

RSUs really gone for good? Did Jacob actually say we’re doing away with them permanently as part of comp? WTF.

If there was ever any doubt ILMN is a coffin, this nails it shut. From here on out you’re expected to take below-market comp for the “privilege” of working in that coffin. The mission is now supposed to replace equity ---- which here is maybe 10% of comp, while at other companies RSUs make up 50–80%.

Looking forward to walking among the living soon.