“Waterfall Distribution” – What’s That? The Private Equity Pitch to Employees

Sklover Working Wisdom

The Private Equity Pitch to Employees. “In The “Private Equity Pitch” to Employees: More and more employees are finding their employers being purchased by Private Equity investors. It “just” requires commitment, lower salaries, diminished benefits, and a whole lot of blind faith.

Equity 130

“Umbrella Negotiating” – Best Response to Private Equity “Hurricane Tactics”

Sklover Working Wisdom

After three generations of family ownership, during which the staff grew from two to 150, the grandchildren-owners received an inquiry from a Private Equity firm about their interest in possibly purchasing the company. Pretty soon, the Private Equity firm, their lawyers and their accountants began reviewing the company’s financial records, bank statements, leases, employment agreements, all as part of their “due diligence,” upon which their formal “offer” would be based.

Equity 100
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Why The Hell Should I Get Involved in Equity Crowdfunding?

Ms. Career Girl

The post Why The Hell Should I Get Involved in Equity Crowdfunding? In this post she gives us the low down on equity crowd-funding, and talks about how in order to reap rewards, you have to first dive in! . But the good news is, thanks to the rising popularity of crowdfunding and most recently equity - based crowdfunding, all this doesn’t have to seem so remote, so abstract, so cold and so intimidating anymore. What are the benefits? What is equity?

Equity 186

“Private Equity Buying Your Employer? Resist These 11 Employment Negotiation Tactics”

Sklover Working Wisdom

ACTUAL “CASE HISTORIES ”: For many years I have counseled and negotiated on behalf of employees when their employers (a) are being purchased by Private Equity investors, (b) are owned by Private Equity investors, and (c) are being sold by Private Equity investors. I’ve also represented employees being recruited to work for Private Equity-owned employers, commonly referred to as Private Equity “Portfolio Companies.”. Benefit Reductions and Compensation Redesign.

Equity 109

“What happens to my employee equity if the company is sold or IPO’d?”

Sklover Working Wisdom

Question : I was fascinated about your bright explanation of equity plans in your newsletter entitled “ Long Term Incentive Compensation: 10 Basic Concepts.” First, carefully review your Equity Plan, or have someone do so for you. The first step in your analysis of what happens to your equity is “What does the Equity Plan say, if anything, about this circumstance?” Usually what happens upon a sale of the company is covered in an Equity Plan, but not always.

Equity 126

Credit Financing: Investment vs Equity Loans

Imarticus Learning

There are two ways in which you can procure credit financing for your company, one being an equity loan and the other, an investment loan. An equity loan is a means of bartering “x” amount of funding for shares, while an investment (business) loan provides you with finances that you are required to repay within a certain time frame. Equity Loans. Another line of credit financing is by having an equity partner come on board, sharing the profits of the company.

“How does an offer of ‘equity’ from an employer work?”

Sklover Working Wisdom

Question: I am being made an offer from a company owned by a “Private Equity” firm. They have said the offer will include “equity” – which is new to me. Equity” refers to an ownership interest in a company. If the company is a corporation, the “equity” may be in stock, stock options, or other kinds of ownership interests. If the company is a limited liability company, the “equity” may be in membership units.

Equity 133

Robbery by Repurchase Rights – A Private Equity Story

Sklover Working Wisdom

First, the people putting the deal together were part of a highly experienced and highly regarded Private Equity firm with a proven track record in automotive private equity businesses. It was “the Private Equity way of doing business.” When he and his colleagues went to the Private Equity owners of the company in dismay and anger, the response they received was icy cold: “Didn’t you have a lawyer read the agreement before you signed?” .

Equity 122

Which Are Some of The Good Books On Financial Analysis For The Purpose Of Equity Valuation?

Imarticus Learning

Equity Asset Valuation by John Stowe. The book is a good read because of its coverage of finance and accounting concepts with every topic treated in detail for the benefit of the reader. The post Which Are Some of The Good Books On Financial Analysis For The Purpose Of Equity Valuation?

The Symbiotic Benefits of Corporate Responsibility in the Developing World

The Undercover Recruiter

As former UN Secretary-General, Ban Ki-moon said, “energy is the golden thread that connects economic growth, increased social equity, and an environment that allows the world to thrive”. With the omnipresence of gas and oil, the energy industry has a constant influence across the world.

2019 57

sending an anonymous note to my wife’s employer, internships and equity, and more

Ask a Manager

Internships and equity. I am struggling with all the questions of equity that arise around situations like this. Unpaid ones also take a huge amount of time if you’re doing it legally, since unless you’re at a nonprofit, you can’t derive much real benefit from an unpaid intern’s work.).

2020 43

“Need a Work Document from HR? Afraid to Ask? – Here’s How”

Sklover Working Wisdom

This is especially the case where (a) you have signed a non-compete agreement, (b) you are asking to be reimbursed for your “losses” in leaving behind unvested equity awards, etc., (c) “A secret spoken finds wings.”. – Robert Jordan.

2021 130

Offer Letter or Company Plan – Which One Governs?

Sklover Working Wisdom

Does your Offer Letter (or employment agreement) overcome everything that is said in any of the employer’s compensation and benefit Plans? Or do your employer’s compensation and benefit Plans overcome your Offer Letter (or employment agreement)? Do you believe you are entitled to any compensation or benefit that is provided under a company Plan, such as stock, stock options, severance, health care, disability insurance, life insurance, educational benefits, or otherwise?

2017 100

RSU’s: Restricted Stock Units – 8 Essential Insights

Sklover Working Wisdom

The salary, bonus and benefits she was offered by each were considerable. A unique and sophisticated model to gain significant protections to both your employment and your equity. Acquiring Job Offers and Offer Letters Monthly Newsletter Library Offer/"Welcome" Aboard Letters Private Equity Employment Stock, Stock Options, "Equity" Recent Posts“The large print giveth and the small print taketh away.”. – Tom Waits.

2019 100

What Are the Benefits of an Investment Banking Course

Imarticus Learning

Mergers and acquisitions have become commonplace with more companies striving to find out probable synergies and benefit from the same. So one of the biggest benefits of taking an investment banking course is a sudden surge in your pay scale. The investment banking course also offers dynamic career opportunities in the fields like Private equity, asset management, corporate finance & strategy, private wealth management, etc. Key Responsibility Areas of Investment Banking.

5 Benefits of a Data-Driven Recruitment Strategy

Workology

Here are a few benefits of this data-driven method: 1. Traditional recruiting methods make it hard to tell whether you’ll hit your diversity targets or ensure equity during the process. Although overall job gains have slowed, according to 2016 JOLTS (Job Openings and Labor Turnover Survey) there continues to be more job openings than hires being made.

2016 75

Offered a Position and Shares in a Start-Up? – 10 Traps in the Legal Papers, and Your Ways Out

Sklover Working Wisdom

On a salary lower than he was used to, and minimal benefits, he built quite a powerhouse in just a few years. It is not easy because lawyers for business founders or owners – particularly “Private Equity” owners, almost always make it difficult, and intentionally so. Intellectual Property You Create: I have seen clients hired into companies with promises of equity that vest over time, provided they take a very low salary for a while.

2016 100

Career Benefits from Investment Banking Boot Camps And Modeling And Valuation Courses

Imarticus Learning

Depending on your previous knowledge and the course you pick, you will learn concepts of business valuations, debt securities, capital markets, cash equities, money markets, derivatives markets, and deal structuring. The post Career Benefits from Investment Banking Boot Camps And Modeling And Valuation Courses appeared first on Imarticus. Investment banking is one of the hottest careers available right now.

Good Leaver – Key Words & Phrases

Sklover Working Wisdom

It is most often used in relation to incentive compensation, equity compensation and deferred compensation Plans. Good Leavers are usually allowed to keep their unvested compensation or equity benefits, which can continue to vest over time. Good Leavers also are often permitted extensions of time to exercise benefit rights, including those relating to stock options. Bonus Key Words & Phrases Raise, Bonus, Compensation Stock, Stock Options, "Equity

2013 109

“On FMLA. Don’t want to return, but want unvested stock. What can I do?”

Sklover Working Wisdom

Before you do anything, you MUST carefully review your employer’s stock, stock option or equity plan to determine when you are scheduled to vest, and how you might possibly forfeit your unvested shares. Employee benefit plans are just chock full of rules and regulations that must be adhered to very carefully in order to safeguard your stock, stock options, or other forms of “equity.”

2014 109

Long Term Incentive Compensation: 10 Basic Concepts

Sklover Working Wisdom

Nor are the problems derived from Benefits and Compensation failing to provide our clients with all necessary calculations. Equity ” – “Equity” is a rather broad concept. Equity may take many different forms, and have many different names. Equity can also be “certain” or “conditional” in nature. Some say equity grants to employees are meant primarily to encourage employees to “think and act more as owners, and less as employees.”.

“Employer Ask You to Sign an Agreement? Ask Your Employer to Pay Your Legal Cost”

Sklover Working Wisdom

Rumor had it that a private equity firm might be interested in buying Charlene’s employer, and it was for this reason that a new, revised Confidentiality and Inventions Agreement was being required.). Expect a fee on the higher side if your agreement refers to or “incorporates by reference” any other agreement or benefit plan, as this would require that each of these other agreements be reviewed, as well, because they hold meaning in the interpretation of the original agreement.

2015 118

“When laid off, can I get my unvested options vested?”

Sklover Working Wisdom

I am currently employed by a large tech company and I have received equity compensation throughout my tenure. Some of this equity has yet to vest. My experience is that a great many “equity” plans provide for continued vesting so long as the employee is terminated without cause, and the employee does not compete directly or share confidential informatio n. By “equity” I refer to stock, stock options and other securities of a company. Question: Hi, Alan.

2013 109

FMLA – Great Tool to E-x-t-e-n-d Employment

Sklover Working Wisdom

Aquilino, Margaret and Kevin each spoke to their family members’ therapists, doctors and health care providers, who in each case were willing to certify that each of their respective loved ones would benefit by having him or her spend more time with their loved one. In general, a FMLA leave of absence is unpaid, but employee benefits should continue during your leave. “ The cure for anger is delay.”. – Seneca.

2016 100

Zoom Continues To Add To Its Workforce After A Historic Year

Career Realism

The Zoom Cares initiatives are focused on three core areas: education, social equity, and climate change. Comparably also recognized Zoom for company leadership, compensation, company culture, perks and benefits, diversity, work-life balance, and best company for women.

2021 83

3 Companies Hiring Remotely For Sports Lovers

Career Realism

Benefits and perks at GumGum include: Remote work stipend Ongoing professional development opportunities Flexible time off Student loan assistance Dog-friendly offices To apply or learn more about working at GumGum, check out the company's careers page.

Friday Five: Tech, HR Tech and a Good Night’s Sleep

Workology

It’s always a good time to talk about it, but this week in particular, when we’re pouring over the sensational profit margins of the giants, it’s a good to reflect on who exactly is reaping those benefits. HR diversity diversity in tech employment equity facebook online advertising Social Media startupsTGIF, friends! Time to make plans for the weekend, to kick back and relax, and to catch up on the week’s best reads.

2016 46

Affirm Is Defining A New Remote-First Work Culture

Career Realism

Affirm went all in on this change, which included a drastic shift in the benefits the company offers to employees. These groups help establish programs and policies within the company that help with Affirm's diversity, equity, and inclusion goals.

2021 60

Hiring Now.Twilio

Career Realism

We strive to build equity, equality, and belonging to make communication more inclusive for all," the company states on its website. Are looking for flexibility and the opportunity to be on the cutting edge of technology? You may want to consider a career at Twilio.

2021 60

“Stress from work is killing me. Please help!!”

Sklover Working Wisdom

I am concerned that if I quit, could I still get unemployment benefits? iii)If after your request, your employer does not take effective steps to assist your stress, you will have a much better basis for our “Involuntary Resignation” – and all the advantages that offers – and to collect Unemployment Benefits , too. . Unemployment Benefits, because they are usually awarded to those who resign with “good cause” and can prove they did with convincing emails, etc.; .

2013 109

What are Alternative Investments

Imarticus Learning

Alternative investments usually include, Hedge Funds, Private Equity, Real Estate, Assets, Rare Assets, Wine and Art, commodities and derivatives contracts. Alternate investments are getting popular of late more so because the institutional investors are willing to invest in it, as they see the long term benefit of this asset class. Alternative investments are long term in nature, due to which the Tax Benefit is higher when compared with the short term investments.

2017 40

How Crowdfunding is Changing The Way Startups Raise Funds

Ms. Career Girl

Free Pre-sales promotion: The biggest benefit of having so many investors is the free marketing and pre-sales promotion you will get for the venture. Types of Crowdfunding: The benefits investors get from the crowd-funded venture is not always a stake in the startup. or anything that comes under the category of “rewards” not equity. Equity-based Crowdfunding: Equity-based crowdfunding is where you own a % of a startup based on the investment made by you.

2018 137

Another Chain Broken:

Sklover Working Wisdom

Here’s what happened: The Case: Our client, a commissioned salesperson in the petrochemical industry in the Southwest, was quite dissatisfied by a sharp reduction in his sales commission plan, put into effect with little notice, after the company changed hands to a Private Equity group. Almost immediately, compensation programs, benefits and even paid vacations and sick days were cut back. Non-Solicitation in the Petrochemical Industry.

2016 133

Expense Reports Are Ending Careers Like Never Before

Sklover Working Wisdom

According to published reports, Fidelity has recently terminated hundreds of employees for allegedly submitting false or misleading receipts related to employee benefit programs that permitted employees to be reimbursed for computers they purchased for work. And, I am acutely aware that fired employees must forfeit unvested equity, are not entitled to COBRA insurance benefits, and do not get offered severance.

2018 100

Expense Reports Are Ending Careers Like Never Before

Sklover Working Wisdom

According to published reports, Fidelity has recently terminated hundreds of employees for allegedly submitting false or misleading receipts related to employee benefit programs that permitted employees to be reimbursed for computers they purchased for work. And, I am acutely aware that fired employees must forfeit unvested equity, are not entitled to COBRA insurance benefits, and do not get offered severance.

2018 100

Why A Brand Architecture Matters

Career Realism

In this post, we'll look at the different types and benefits of a brand architecture strategy, as well as a step-by-step guide so you can create a successful framework for your organization. Evaluate each brand's equity in comparison to other brands and the market.

2021 63

Hiring Your First Employees: Making the Move from Small Business to Employer

Ms. Career Girl

In addition to budgeting for expenses like salaries and benefit contributions, you’ll also need to budget for employment taxes. You’ll need to understand the differences between employees and independent contractors since each option offers certain benefits.

2020 144

The Money Mindset Shifts That Changed My Life

Ms. Career Girl

I had a vision for creating gender equity in the venture capital world and I sacrificed all my time and energy for this dream. As an investor, you get all the benefits of being part of the ride without having to put in the hard work of actually building the car.

2020 144

How to Negotiate a $109M Severance Package

Career Solvers

His severance benefits, including equity awards, were laid out in his employment letter. There’s been a lot of press about Yahoo COO Henrique de Castro getting fired by CEO Marissa Mayer after just one year in the job. Much of the press revolves around his $109M severance package because people are dumbfounded by how anyone could receive so much money for failing. But let’s examine the circumstances under which de Castro accepted the position.

2014 69

Closing Candidates: A How-To in a Hot Job Market

Career Alley

This candidate, who was directly recruited out of her organization, had to choose from one of four offers – all with a 10% increase in base salary and a significant equity component. In a hot market, companies have to get creative when closing candidates so they may decide to offer more (either in base, OTE or equity) to excite their prospective employee. Often times making a move comes down to salary or equity but there are other factors that can make a huge difference.

2012 227

Two (or More) Job Opportunities? – 18 Elements of Comparison – [Part 1 of 2]

Sklover Working Wisdom

Without her reaching out, she was contacted by a recruiter with a very intriguing opportunity, with (a) better salary, (b) but lower bonus opportunity, (c) greater retirement benefits, but (d) later retirement age, (e) a new, exciting product line to market, but (f) a small marketing budget that gave her limited discretion. The size and quality of your benefits package, too, can depend on your title. Example: What are the tax ramifications of being awarded equity?

2018 100

How Is Investment Banking Distinguished From Commercial Banking?

Imarticus Learning

Investment banks help corporations, companies, and governments raise capital, assist in mergers and acquisitions, and provide ancillary services such as derivatives trading, foreign exchange, equity securities, and making markets. The role of an investment bank is to identify companies that will benefit from their services and then make a presentation to them. An investment banker can pitch different ideas, mainly the creation of equity or releasing bonds, to the company.

3 Juicy Insider LinkedIn Personal Branding Tips

Executive Career Brand

Posting articles on LinkedIn’s Pulse allows you to reap many of the benefits of blogging. Build Personal Brand Equity by Surprising Someone With a LinkedIn Recommendation. And, there are three other selfish benefits to writing LinkedIn recommendations: Each one that’s approved and posted includes a link to your profile which, you can bet, plenty of people will click on to view and assess you.

2017 151