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Is it normal for companies to change their compensation package after starting?

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Re: Is it normal for companies to change their compensation package after starting?

#21
Your best option may be with other employers with more enlightened management and an appropriately large budget for retaining your valuable services.

Your current employers demonstrated that they are not willing to honour the spirit of the original contract they negotiated with you. Sure, they have some clause such that RSUs grants are awarded at the board's discretion, so perhaps they're off the hook legally. But similarly you can just terminate your employment and stop working for them if the deal is now not attractive.

That said, if you are still getting paid more working for this company than other employers, quitting for another job might not be your best move.

Can you compare what you are getting paid with other employees in similar roles who joined at different times? It is possible you may be getting under paid anyway.

Re: Is it normal for companies to change their compensation package after starting?

#22

YES. In 7 years with a company that got acquired by another and then eventually liquidated, my T&Cs changed about 5 times. I didn't have shares, but had a large profit share component which was fiddled with constantly. I think you should read Heidi Roizen's blog https://www.heidiroizen.com for some more examples. Perhaps you should look at the big picture. Are your earnings above average? Was the stock grant the only…

This is terrible advice. The “big picture” is that OP was lied to and is defrauded out of comp that was agreed to.

Re: Is it normal for companies to change their compensation package after starting?

#24
post #5

Yes, this is fairly normal. I work for a big company that has a reputation for doing the right thing, which might have been true in the past but doesn't seem to apply now. I have seen them change grade structures, change promotion amounts, and change the pay/bonus structure all to the employees detriment. They always try to put some positive spin on it. I remember I brought up the topic of a raise with one boss becau…

Why downvote?
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