My company will be emerging from bankruptcy soon and they are starting a profit sharing plan. The new plan will have each employee vested 20% each year for five years. This seems perfectly fine if you were a new employee but what if you have been with the company for 10 years? Should an old employee get vesting of 100% immediately if he has 5 or more years already?
This is a salary group and not covered by a collective bargaining agreement. Another thing to consider, there will be new owners.
Maybe I should just be thankful I'm still employed.