I work at an ESOP as well. Honestly I’m glad I fell into this. I have a feeling that I may actually be able to retire. If not early. Probably one of my best moves in my career.
Every year I get shares from my company. The vesting period is typically longer. For me it took 7 years to be fully vested. But I was accumulating every year. When I leave the company, the company will pay out my shares and I can tell them where to put the funds. But the higher base salary I have, the more shares I get. Also the people retiring or leaving the company, the shares get bought back by the company and redistribute to the employees. At least that’s how it works at the ESOP I work at. Kinda a simplistic view of it.
When someone is hired, they don’t get shares. They are enrolled into the ESOP program. Then after some time, they will eventually start accruing shares on a regular basis.
Welcome to 2024. Where we move closer and closer to black mirror being real due to our technology improvements.
You physically take the specs from the customer to the engineers? Well… No.
Don’t forget to change the sound setting location to different tabs every other week too to keep you on your toes.
Ah yes, that’s the problem.
Don’t worry, this is my first time seeing this post too.
Robo Zucks face on the article actually scared me when I first saw it.
Thank you for this. Looked up all the proposed changes for my state. I really hope these get implemented. In MN I’ve been waiting for a twin cities to Duluth train connection.
Really? I’ve had the complete opposite experience. Every time I comment it seems that I’m interacting with actual people. And I’ve found the conversations to be a lot more wholesome in comparison to reddit. Maybe it’s my selection of posts though…
Ah, enshittification at its finest.