P
partner
Guest
2 years ago I accepted a job with a small company in georgia. I was offered a 5 year salary structure and was guaranteed an increasing % of the Company's profit over those 5 years. If in the 1st 5 years of employment I was terminated, they are supposed to pay me 50% of my current annual salary. "Based on my performance" they would convert the % profit to % ownership of the company. I had originally asked for % ownership. 1 of the owners was for it the other said that he needed to "know" me before he would give me a portion of the company. I have been performing well but when I asked what I need to do (in terms of measurable goals) for the % profit to be converted to ownership they always change the subject or don't want to talk about it. Now I feel that they will never convert the % profit to ownership. I would have never left my previous job if I had thought that they would balk on giving up the portion of the company that they verbally told me that they would as soon as they got to know me.
What should I do.
What should I do.