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You have to exercise your stock options to get them.
Stock Option
-------------------------
The seller agrees to sell stock at a set price before the contract expiration day. The buyer has the option to buy those shares at any time before the contract ends.
What this means is that your company has agreed to sell you X amount of shares at X price but you have to buy them before the contract expires. If you company was offering stock at a steep discount, it would have been a good idea to buy it then flip it for a profit as soon as you could.
if (Object.DividedByZero == true) { Universe.Implode(); }
Meus ratio ex fortis machina. Simplicitatis de formae ac munus. -Foothill, 2016
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Boy do I have that t-shirt.
At this point, I'd be more focused on your confidence level of the company leadership. If you have even the least bit of concern, you need to make moves to protect yourself. The senior people always have the best parachute and always act in their best interest. Always.
If you're not completely isolated from the other employees, you should have some idea as to the general morale of the company.
Charlie Gilley
<italic>Stuck in a dysfunctional matrix from which I must escape...
"Where liberty dwells, there is my country." B. Franklin, 1783
“They who can give up essential liberty to obtain a little temporary safety deserve neither liberty nor safety.” BF, 1759
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My greatest shortcoming is my inability to see when a position is going to end. 4 or 5 times I have been left without a job when the company I worked for tanked or was acquired and that was BEFORE I became a contractor, 20 years ago!
No advice forth coming, be thankful.
Never underestimate the power of human stupidity
RAH
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I had something similar at my previous job. So, that bonus you mention might read "indicative at 100% payout" or similar. So that number is not really set in stone. As far as stocks are concerned, it is a gamble.
Since I don't know anything about your workplace I am not in position to suggest anything. But, few things to think about:
- Is this temporary or permanent?
- Is my job position in danger?
- If company stocks are still going down, is there any chance that there can be a merger or acquisition?
- If someone buys out the current company, what happens to my stocks?
"It is easy to decipher extraterrestrial signals after deciphering Javascript and VB6 themselves.", ISanti[ ^]
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You can run, but you cannot hide, Kevin.
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Been there. Actually have been there. Bonus was zero though. Company was tanking hard. Boss was an ass. I left. Things are better for me now. Company still sucks though. Had buddy that went there with almost the same offer I had. 1 year later he is looking. So I would leave.
To err is human to really mess up you need a computer
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Ask a high level exec (CEO, CFO) then do the opposite of what they suggest.
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Well, you're in a strong position to understand what's going on inside your company. If sales are bad, and it's the software's fault, that's why they give performance bonuses and stock-based compensation. If the company's stock is down and it's due to stupid management decisions, then bail, dude. It's not the market, not this year. Somebody thinks your company sucks. Might even be insiders dumping their stake. I once worked at a place where the accountants and division management front-ran the quarterly reports. Very illegal, but lots of people do it.
In a more general sense, I have always been disappointed with variable compensation. Stock, options, bonuses; they're never worth as much as advertised. Options particularly, tend to expire worthless, unless you are very lucky. I only pay attention to the cash compensation and treat the variable compensation as a $1 lottery ticket that might pay $1 million but is probably just a scrap of paper. I've become resistant to founder stories of buyouts and infinite growth potential.
[Sigh]
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The clue is in the name - "bonus". If you get it, that's a bonus. But it's NOT "part of your compensation", regardless of "expectation".
Plus - (hopefully) tongue in cheek - is the company's performance your fault? More usefully, is it maybe because of employees like you? (As an extreme - let's say you're a mainframe COBOL developer. They've taken you - and other Cobol people - on when they should be looking at mobile devices etc.) You should by now know their business - are they barking up the wrong tree? Are their business strategies all wrong? Is the product rubbish? If so, do they recognise that and have a realistic plan to fix it? As an insider, you are probably in the best position to be able to predict future performance. If you can't do it directly, ask yourself whether senior staff are leaving...
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A bonus is a "bonus"; it's not a guarantee.
"(I) am amazed to see myself here rather than there ... now rather than then".
― Blaise Pascal
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Just as a counter balance from complaining about MVC and facial hair... we're a part of a system / team to help create a world that most people simply live in. It's the scientists that are in labs, cooking up the juju that even doctors read about and use. It's the engineers that help put that to use. And it's the business-minded folks that help bring out the best in scientists and engineers as well.
Not everyone can say they played a part in helping deaf people hear or blind people see or help solve transportation problems, etc. And yet, that's what technology is doing and we play a teeny tiny little part in all of this... even if it's making yet another pie chart to help people better understand their business. We try to make life better and have a hand it as a participator rather than a spectator.
my wife hearing for the first time! its amazing! - YouTube[^]
blind man sees his 13 year old daughter for the first time - YouTube[^]
SFW
Ok, now let's get back to bashing VB and JavaScript.
Jeremy Falcon
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Quote: Ok, now let's get back to bashing VB and JavaScript
But, but, but .... I thought we have bashing Microsoft as a first priority? 
Get me coffee and no one gets hurt!
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No, no - it's defunatley VB and JS first.
MS make themselves just too easy a target...
Bad command or file name. Bad, bad command! Sit! Stay! Staaaay...
AntiTwitter: @DalekDave is now a follower!
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Considering that VB is a Microsoft product, isn't bashing it like getting two birds with one stone? 
"It was when I found out I could make mistakes that I knew I was on to something."
-Ornette Coleman
"Philosophy is a study that lets us be unhappy more intelligently."
-Anon.
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A song I've been singing for years.
I was around when MRI was being developed. Unfortunately for that professor, he came in 2nd in that race - but all the 'medical miracle'? They'd still be chanting spells were it not for the scientist and engineers!
Einstein invented the laser a century ago; put into practice in the late 20th century; fiber optics; all the rest - so they can do their micro-surgery & lasik and the rest, and take the credit for it.
![Elephant | [mastadon]](https://codeproject.global.ssl.fastly.net/script/Forums/Images/elephant.gif)
| Ravings en masse^ |
|---|
| "The difference between genius and stupidity is that genius has its limits." - Albert Einstein | | "If you are searching for perfection in others, then you seek disappointment. If you are seek perfection in yourself, then you will find failure." - Balboos HaGadol Mar 2010 |
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Exactly. It's the same with people that overly glorify doctors. I mean, don't get me wrong... I'm not dissing doctors or their role in society. Someone has to be the consumer facing person, but the majority of them aren't creating the medical science... they're just reading about it in a book or papers... written by scientists.
We need front runners. But it's nice to remember it takes a team, and there are people behind the scenes working some magic. Same thing with a movie... the audio guys/gals never get any love. All the glamour goes to the stars of the movie, but tell just how well you think a movie with do in the box office with crappy sound.
Jeremy Falcon
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It good to live in the future - isn't it?
I'm pretty sure I would not like to live in a world in which I would never be offended.
I am absolutely certain I don't want to live in a world in which you would never be offended.
Freedom doesn't mean the absence of things you don't like.
Dave
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Yes indeed brother.
Jeremy Falcon
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BWHAHAHAHAHA!!!
#SupportHeForShe
Government can give you nothing but what it takes from somebody else. A government big enough to give you everything you want is big enough to take everything you've got, including your freedom.-Ezra Taft Benson
You must accept 1 of 2 basic premises: Either we are alone in the universe or we are not alone. Either way, the implications are staggering!-Wernher von Braun
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But but but... I like Laughlin.
Or have you run into Roger?
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PIEBALDconsult wrote: But but but... I like Laughlin.
Well good for you:there has to be someone... 
PIEBALDconsult wrote: Or have you run into Roger?
Nope. Thought he was further east.
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Only slightly. Just across the river.
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Bullhead City? Wish I'd known. 
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