I left a job due to massive layoffs and unknown and came to a new job…2 months in they had massive layoffs…I still haven’t received my sign on bonus or what the board had decided on my equity package, and I now cover two people’s job with not enough salary, naturally.

Anonymous

January 10,2023 at 4:27PM UTC

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I left a job due to massive layoffs and unknown and came to a new job…2 months in they had massive layoffs…I still haven’t received my sign on bonus or what the board had decided on my equity package, and I now cover two people’s job with not enough salary, naturally. Not sure if I should be looking for a new job or wait it out and see what happens? They apparently had layoffs twice last year and I was very clear in my interview of why I’m looking for a new job and no one gave me any insights to what had happened previously. I’m a new mom and can’t really afford to be without a job and health insurance since I am the primary. Any advice would be helpful.

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AnonymousJanuary 10,2023 at 5:37PM UTC
I would attach a copy of your signed offer letter to an email to your HR person and your manager and request clarity on payment date fir your signing bonus as well as clarity on your equity package
AnonymousJanuary 10,2023 at 10:22PM UTC
This is a very uncertain time so I would keep looking with a refreshed resume but only leave fir something worthwhile because most companies are going through this same scenario.
In the meantime, I would also suggest a a side hustle if you can swing it. It may insulate you if things get dicey and will also pad your money reserves.
AnonymousJanuary 11,2023 at 7:24PM UTC
I would side hustle but I have a 6 Month old. Barely have time for myself and mental health is more important.
AnonymousJanuary 11,2023 at 3:14PM UTC
Are you asking about it? You don't indicate that you have checked on it. What are they telling you when you do, if you do? That would say a lot right there.
AnonymousJanuary 11,2023 at 7:23PM UTC
Yes I have. They pull the “in a couple of months” card. I’ve been here since October.
AnonymousJanuary 13,2023 at 2:44PM UTC
Did the offer letter say when you would get the signing bonus/equity package? Was it after an initial probationary period? If it wasn't clear when those would be paid in the offer letter, that was a red flag. Also, is this a startup or small private company? If so and they already did layoffs, they may not have the cash to pay your bonus right now. You may want to start looking around on the side again just in case, though I wouldn't necessarily quit unless you're able to land something that pays better and seems more stable, both of which may be tough to get in the current economy.