636-555-3226 wrote: »
Could mean a few things depending on the wording, but my guess is it means you'll be entitled to 20% of any profits they're making. 20% is a big number, so my guess is it's a new company, an important role, and a LOT of risk of failure. also a lot of potential reward if it goes well
networker050184 wrote: »
That's not usually the case with equity offers in my experience. That would be more along the lines of profit sharing.
soccarplayer29 wrote: »
Since you say it's a large company it obviously wouldn't be 20% of what the company is worth or anything like that. I'm guessing it's like a bonus structure and you're eligible to receive vesting stock options each year equivalent to 20% of your base salary. Then they'll probably have metrics/performance stuff you'll need to hit in order to obtain that 20% and then the stock options will vest over time.
Pass along more details when you hear from HR!
DatabaseHead wrote: »
Drinks on you.