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In Praise of Quitting Your Job, or The New Work Ethic.

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Re: In Praise of Quitting Your Job, or The New Work Ethic.

#31
post #11

"The longest was 12 months at [Redacted], and that was only because I wanted my options to vest. I handed them my resignation on my 366th day." This made me livid. I don't hire engineers with the intention of firing them the day before they vest, why would it be ethical to wait until the day after your cliff to quit? [EDIT] Let me clarify. This individual seems to have decided months before that they would quit the d…

Quitting after you've vested is 100% honorable. It's unethical to fire someone the day before they vest because that makes it clear you did not intend to ever hold up your end of vesting agreement; it means that you entered the agreement in bad faith and planned to manipulate your way out of paying up.

But in the case of quitting after your options vest, the employee never made any agreement - explicit or implicit - that they would continue working after options had vested. If the agreement is that the employee will receive 1,000 options for 365 days of work, the employee is not obligated to work for 366 days any more than the company is obligated to release 1,001 shares. Somebody who works 365 days has already held up their end of the bargain. They didn't cheat.

Re: In Praise of Quitting Your Job, or The New Work Ethic.

#32
Ownership not as a percentage of equity, but as a measure of your ability to change things for the better.

In any company it is difficult to find ownership and recognition at the lowest levels of the corporate hierarchy. If you only work for the company for less than a year, as the author proudly admits to, then you should not expect to be given substantial influence in the company.

Influence and recognition must be earned, and that takes time and hard work. The bigger and more established the company, the more time this will take. If you're impatient, then you're going to have to work at a startup or start your own company.

From my experience, the trick is to get engaged and routinely demonstrate that you care. If you begrudgingly implement or design every request that comes your way from the confines of your cubicle, of course you will burn out. If instead you ask your boss about the customer's needs or take the initiative to track down and talk to the sales person in charge of the account for some additional detail, you've effectively taken a small piece of ownership and showed some initiative. This rarely goes unnoticed, and definitely factors into decisions involved influence, ownership, and recognition in the future.

Re: In Praise of Quitting Your Job, or The New Work Ethic.

#33

Earlier quoted context omitted.

Your employment agreements set up the economic incentives for working at your company. If the agreement is 1 year cliff to vest and the employee took advantage of that why would you get mad? You got a years worth of work out of that person and in exchange that person got his/her stock. Sounds like a fair deal to me. On the other hand, firing an engineer right before he/she vests is unethical because you are getting a…

Responding to the grandparent's edit. I disagree with your premise that a vesting cliff exists as a "getting to know you" period. It is a guarantee of a minimum investment of time for a given amount of equity. The person put in the required time and now wants to do something else. This is not dishonorable in the least. You seem to be confusing personal relationships with business relationships. This might explain why…

Oh, he's not confusing it at all. He's just so used to being able to take advantage of the average employee being the one confusing the biz & personal that when an employee acts like a businessman, it challenges his entire exploitative hustle.

Re: In Praise of Quitting Your Job, or The New Work Ethic.

#34
post #9

Yes. _Your muse can only be treated as the secretary of a subcommittee for so long before she decides to pack up and look for employment elsewhere. If you aren’t able to own the product and be creative, then you aren’t able to do your work, and if you’re not doing your work then you’re negating a very real part of your personality, which is no good for anyone. No good for you and certainly no good for your employer._…

What do you do now?

So she doesn't have to stan herself out, I will. (http://www.urbandictionary.com/define.php?term=stan)

Lately... She's a Javascript/ front-end developer (co-creator of Twistori + everytimezone for example), business thought leader type (did i just say "thought leader?" Sorry.), and co-founder of the SaaS service http://letsfreckle.com. But none of those things would get much as much attention as they do if it weren't for the fact that she is an amazing user experience/ interface maker. These skills make the things she works on (from books to slides to web form interactions) really friendly and fun.

(I have no professional affiliation with her. But full disclosure: We are Twitter friends. #realtalk)

Re: In Praise of Quitting Your Job, or The New Work Ethic.

#36
I just came out of a 2.5 year stint. Before that I went into consulting because I couldn't hold down a job for even a year. I figured it was boredom and thought the solution was to simply expose myself to a constant stream of new problems. Turns out it was simply ownership that was the problem. I never felt in control.

By ownership I mean ownership of my domain (area of involvement, etc) in the project. I don't mean ownership as in control and possession. The kind of ownership that kept me around at my last gig was the kind that let me make suggestions, criticisms, and decisions that were taken seriously. I had responsibility to back up every claim I made and that responsibility kept me highly motivated to produce software I could. It made the project feel more collaborative and kept me involved as a part of its development.

What kills that motivation is a loss of that ownership. In the final months of my last gig we brought on someone who took total ownership of the project practically from design to implementation. It no longer felt collaborative. I felt like a monkey in a room of monkeys trying to type out Shakespeare; as if I could replace myself with a junior programmer at half my salary and things would still run smoothly. That's not a good feeling and such loss of ownership (or lack of it in the first place) is completely demoralizing.

I get the sense that the OP was referring to this kind of ownership. The kind that makes you feel involved and responsible.

But does that mean you should quit your job? I don't think so. Some jobs will have ups and downs. I didn't leave my job when they brought the new guy on. I was going to stick it out... just circumstance brought my tenure there shorter than anticipated. I think you can stick it out in this way as well and avoid "depression." I take pride in my work and it does affect me very personally.. but you have to keep things in perspective. Especially when you have other people relying on you to keep your job.

Re: In Praise of Quitting Your Job, or The New Work Ethic.

#38
post #11

"The longest was 12 months at [Redacted], and that was only because I wanted my options to vest. I handed them my resignation on my 366th day." This made me livid. I don't hire engineers with the intention of firing them the day before they vest, why would it be ethical to wait until the day after your cliff to quit? [EDIT] Let me clarify. This individual seems to have decided months before that they would quit the d…

> This made me livid. I don't hire engineers with the intention of firing them the day before they vest, why would it be ethical to wait until the day after your cliff to quit?

Ethical is continuous vesting with no cliff, or at most a month or two of cliff.

> A vesting cliff exists so that both parties -- employer and employee -- can have a chance to get to know each other before stock is granted and make sure that they're making the right decision.

It doesn't take a year to make that decision.

Do you really think that cliffs benefit employees or were you just hoping to slip that by?

Re: In Praise of Quitting Your Job, or The New Work Ethic.

#40
post #12
post #11

"The longest was 12 months at [Redacted], and that was only because I wanted my options to vest. I handed them my resignation on my 366th day." This made me livid. I don't hire engineers with the intention of firing them the day before they vest, why would it be ethical to wait until the day after your cliff to quit? [EDIT] Let me clarify. This individual seems to have decided months before that they would quit the d…

Cliff vesting is deferred compensation . Your concern about an ethical paradox is invalid.

It's not. It's contingent compensation. If it was merely deferred compensation, and you quit early, the company would owe the pro rata amount that you worked (at the 1 year mark).
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