If a company needs byzantine rules around compensation, don’t engage. This was a solved problem centuries ago through much more straightforward means, and these casino-like rules only favor the house.
On top of what others are saying, this text does not adequately describe the conditions of resignation and “if you leave”. This is also clearly not legal copy which suggests it’s not a part of any contract, or is at best paraphrasing the intent of an actual contract of dubious legal standing. Either way, a lawyer would probably have a field day with this.
Also, a resignation can be coerced by giving you a false choice, usually to the tune of “sign this or else”. Combined with the “you didn’t complete your grace period” language, they are more or less incentivized to do this to all but their top performers.
If a company needs byzantine rules around compensation, don’t engage. This was a solved problem centuries ago through much more straightforward means, and these casino-like rules only favor the house.
On top of what others are saying, this text does not adequately describe the conditions of resignation and “if you leave”. This is also clearly not legal copy which suggests it’s not a part of any contract, or is at best paraphrasing the intent of an actual contract of dubious legal standing. Either way, a lawyer would probably have a field day with this.
Also, a resignation can be coerced by giving you a false choice, usually to the tune of “sign this or else”. Combined with the “you didn’t complete your grace period” language, they are more or less incentivized to do this to all but their top performers.