• 0 Posts
  • 51 Comments
Joined 1 year ago
Cake day: July 26th, 2023
  • ChillPenguin@lemmy.worldtoGeneral Discussion@lemmy.world•Every company should be owned by its employees
    6·
    11 days ago

    Every year I get shares from my company. The vesting period is typically longer. For me it took 7 years to be fully vested. But I was accumulating every year. When I leave the company, the company will pay out my shares and I can tell them where to put the funds. But the higher base salary I have, the more shares I get. Also the people retiring or leaving the company, the shares get bought back by the company and redistribute to the employees. At least that’s how it works at the ESOP I work at. Kinda a simplistic view of it.

    When someone is hired, they don’t get shares. They are enrolled into the ESOP program. Then after some time, they will eventually start accruing shares on a regular basis.

  • ChillPenguin@lemmy.worldtoAsklemmy@lemmy.ml•which one do you prefer? having kids or no kids? and why??
    12·
    2 months ago

    I’ve never really felt the urge to have kids. Plus it saves on resources and finances. I have nephews and nieces already and that’s good enough for me. I’m at the point where some of my friends are having kids. Others aren’t. I love being an uncle.

    In any case, it depends on how much you as an individual want to have kids. For me, it just didn’t add up. My wife and I both don’t want them. We both work and want to retire as early as possible.