极光收购

2023年4月5日

在这些时期,双,你的技能,你的知识,你。曼加入我们8月8 - 10日在拉斯维加斯连接到精益转变和学习是最好的。得到你的机票现在最好的价格。工人更好的减薪和长时间地工作,以帮助陷入困境的抵押贷款机构去年天气精益次说他们担心公司不尊重承诺的1亿美元的公司股票奖励他们的努力。留任奖金的承诺是在3月,2022全体会议,几天后更好的解雇数千名员工,工人参加了虚拟会议告诉曼。在会议上,更好的创始人兼首席执行官Vishal加戈作出个人承诺提供5000万美元的股权对所有员工的贡献仍在工资截止到3月11日,2022 -如果他们在船上呆了一年。员工被告知该公司准备匹配加戈与另一个5000万美元的股本奖金的承诺——“董事会批准和条款和条件在制定当中。今年“快进,当一个全体会议定于3月23日讨论的奖金从员工的日历没有消失的解释——引发了担忧,承诺不会尊敬。”2023年3月12日已经过去,没有收到一分钱的激励承诺1亿美元,”一个更好的员工告诉曼。“我们感觉骗了,困惑和沮丧。” Screen shot of March, 2022 pledge by Better to provide up to $100 million in equity bonuses to employees who stuck with the company for a year. The employee, who spoke to Inman on condition of anonymity because they are still employed by Better, said their entire real estate sales team took pay cuts and worked extended hours last year with the expectation that they would be rewarded for their sacrifice. “Employees took massive pay cuts, lost bonus potential, reduction in benefits, and have worked harder than before with less resources,” the employee said. “It feels like a cruel joke.” In a statement to Inman, a Better spokesperson said Better remains committed to distributing $100 million in equity-based bonuses to all eligible employees, “including $50 million from CEO and founder Vishal Garg’s personal equity. The company is taking proper measures to ensure the bonuses are paid accurately and efficiently, and the bonus compensation will be delivered to Better employees as promised.” In addition to having their base pay cut from $72,000 to $35,000 and losing up to $14,400 in potential customer satisfaction bonuses in November, members of the team were asked to work from 9 a.m. to 7 p.m. six days a week, the employee said. If somebody called on their day off, the employee said, “they told us to answer the phone.” Another current employee who spoke to Inman on condition of anonymity said they are waiting to hear back from an attorney on the possibility of filing a class action lawsuit against Better and Garg. “It was a personal promise made by Vishal for the first $50 million,” the employee said. “Many people have stayed on this year waiting to see what [the equity bonus] would look like. We went from over 11,000 employees, to 10,000 when it was announced. Now we’re down to a little over 1,100 employees.” At that level of staffing, $100 million in equity bonuses would add up to nearly $91,000 in stock-based compensation per person — with $45,000 per employee coming from Garg personally. Equity compensation is typically offered to employees in the form of stock options or restricted stock. Although companies can grant stock to employees even if they’re not publicly traded, handing out millions in equity bonuses could complicate Better’s ongoing effort to go public through a merger with a special purpose acquisition company (SPAC), Aurora Acquisition Corp. Aurora was initially required to finalize its merger with Better Holdco — the parent company of Better Mortgage Corp., Better Real Estate LLC , Better Settlement Services LLC , and Better Cover LLC — by the end of 2021. The terms of the SPAC merger have been revised to push the deadline for closing the deal back to Sept. 30, and in January Better rolled out a new product — the “ One Day Mortgage ” — to boost the company’s bottom line. Get Inman’s Extra Credit Newsletter delivered right to your inbox. A weekly roundup of all the biggest news in the world of mortgages and closings delivered every Wednesday. Click here to subscribe.