Follow up on job negotiation post
I had posted a few weeks ago about a crazy contract:
- If you leave before 2 years, signing bonus is required back in full, not prorated.
- Base salary is not guaranteed. If you don't make it, you owe them money.
- If you leave before 5 years, you pay for your tail coverage.
I was really excited about the location so tried to negotiate.
The counter was equally ridiculous.
Signing bonus payback reduced to 1 year.
CMO said he would verbally guarantee base (the dollar amount is in writing) but there is a clawback clause that he claims doesn’t apply to the first two years. Won’t put it in writing but I should “trust him” because everyone would otherwise quit.
Tail reduced to 3 years.
I ultimately said no because the clawback seems really concerning to me even if he verbally says it does not apply to ramp on period. Having second thoughts because I had myself so set location wise.
thoughts?
u/confusedgurl002 — 20 hours ago