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by throwawaypolicy 1880 days ago
And on the flip side, compensation plans that encourage people to stay to arbitrary dates are probably a mistake.

That's where I'm at today. There's a lot of money resting on my staying at a company for a year. I don't feel like I've been working effectively with the culture or team, and I'm pretty sure both me and the employer would be better served by my leaving, except the financial incentive, sunk cost, and avoiding having a "I worked here for only 6 months" on my resume is enough to justify me staying an extra 6 month.

Potentially not coincidentally "percent of engineers who stay a year" is one of the key metrics of the team that sets up the compensation structure...

1 comments

Same thing happens with relocation expenses. Many employers make you pay them back if you leave within a year. That's normally quite a sum, and can be even bigger if the employer paid closing costs or otherwise made a new hire whole for selling a home in order to move.