Straight from the last filing, page 77 https://investor.onepeloton.com/static-files/c039f53f-c8a0-48dc-ae5e-11754afad389 This is the reward for getting the company to a point where you terminate 2800 employees. “Each of our officers, including our named executive officers, is also a participant in our Severance Plan. Pursuant to the Severance Plan and their respective participation agreements, if any of our named executive officers is terminated without “cause” or resigns for “good reason” (as such terms are defined in the Severance Plan), they will be entitled to receive a cash amount, equal to their (i) annual base salary payable in 12 monthly installments, (ii) target bonus for the fiscal year in which the termination occurs, pro-rated to reflect the partial year of service and (iii) any annual bonus earned for our prior fiscal year to the extent not yet paid, with each of the foregoing bonus amounts in clauses (ii) and (iii) payable in a lump-sum.…
This is a serious question. Please don't start picking on me -.-
Small Business Owner Asking for advice.
I own a small business with just me as the only employee. In December of last year is when I started it. We are a IT Support and Cybersecurity consultant company in a small town. I have the work experience in the IT field and the degrees in Cybersecurity from an accredited university. My first client had a couple big jobs for me to do. They own 3 companies and I did work for 4 of their stores. They made me an offer that sounded wonderful. The offer was that they would pay me 800 a week, from their main company, and go into a partnership with me in my business. The partnership would be split between us 3 so almost 33% each. While I made the 800 a week, we will work on my business and get more business so we can share the profits. This sounded great to…
Im looking for jobs and the only damn job around me that makes since is Revature. They are some kind of “sign a contract and we will pay you and teach you to code for businesses and be a professional” kind of business. I'm looking for anything that can help me grow and this feels like it but I need information before I sign a contract. So like the titles says, had anyone worked for these guys before and gotten anything valuable out of them? They offer paid time off, 401k, health vision and life insurance, relocation assistance and paid training.
Raise pay or introduce a smaller UBI?
Which do you think would be more beneficial? The UBI would be more along the lines of Andrew Yangs idea of enough to help, but not enough to live off. I think UBI as that wouldn’t have the massive ripple effect that forcing companies that potentially can’t afford to raise rates without raising prices or going under (mostly small businesses).
Health problems working in the office
I could swear working past 5 years in office I developed back problems and eye problems (I even started wearing glasses). Watched office space the other day and figured I might need to reconsider my “career” of choice.
What you say VS What they her.
Union information
I'll start out with this… I work for one of, if not the, largest companies of it's type (we sell cars) on the east coast. Company profits in 2019 topped $2.1 billion dollars and have only gone up from there and there are approximately 2,500 employees both full and part-time. Every three weeks to a month we get notifications that the company has expanded again and has either bought out another of it's type, or added some extra location/expansion/nonsense no one wants while most every employee in one of three departments barely makes a living wage if at all, or needs a second job to make ends meet. I can feel the discomfort and distain growing for how things are being treated and see a change needs to be made soon and it may simply require a small spark to get the fire raging. My plan is this: I want…