I got a phone call from a former employee. She had secured a job offer at another company. Their standard package for an employee at her level included two weeks of vacation and no stock options. However, if she could prove that her previous job offered her three weeks of vacation and stock, she could have them there as well.
She wanted a letter that stated she had stock options and three weeks vacation. Since she did have those things, I wrote her a letter on company letter-head, signed it, and sent it to her. (Please note, I did not send it to her new company. That would be in violation of our policy to not disclose anything other than title and dates of service. But, I can send that information to the employee.)
I honestly don’t understand the logic this company is using. Yes, if they were trying to lure her away from us, I can see trying to compensate for lost stock options. But, this person no longer worked for us. She had already lost her non-vested stock options.
How does that work out as fair? If we are in the same job, with the same experience and you get stock and an extra week of vacation–not because you wisely negotiated it, but because you’d had it previously–doesn’t that open the company up to morale problems, not to mention discrimination charges if the races/genders happen to be different?
Someone explain to me why this is a good policy.