Re: stock options
what kind of percentages do techAs Andrew Plato pointed out, shares are relatively rare for non-executives these days. Nor are shares given out on a percentage basis.
writers, senior tech writers, and tech writers who do source level API
documentation, receive typically?
However, here's a rough breakdown on the number of options given in my experience with small to medium sized companies:
- support staff: 1000-5000
- writers and developers: 5000 - 10,000
- team leads and managers: 10,000 - 20,000
- directors: 25,000 - 40,000
None of which is anything to be very excited about. I've got 65,000 worthless shares in three different companies. Even if you're luckier than I've been, usually you have to wait 1-3 years to exercise all your options. In some cases, you have to receive permission from the officers of the company to sell, too. Then, the most you can hope for is a modest bonus - which may be welcome, but probably isn't worth the extra time you've been expected to put in because you're a shareholder.
Bruce Byfield 604.421.7177 bbyfield -at- axionet -dot- com
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stock options: From: Zack Brown
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