U
Unie
Guest
On the offer of a new job back in March, I was given over 100 share options as part of the package. The number of share options, plus my salary, was printed on the letter of acceptance (have to check if the number of share options is on the actual contract), and I signed the contract in good faith.
3 months into the job, the HR department tells me that this is not the norm, that employees in my role in this company are offered only 50-odd share options. They say that this was a typing mistake on their part, and they have presented me with a new letter of acceptance, requesting my signature and agreement to the new figure of 50-odd shares (thus I am losing over half the number shares I thought I had).
What are my rights here? I am still on a 6-month probationary period, which ends in September, so I am somewhat hesitant to take steps against the company in case it backfires and I lose my position.
3 months into the job, the HR department tells me that this is not the norm, that employees in my role in this company are offered only 50-odd share options. They say that this was a typing mistake on their part, and they have presented me with a new letter of acceptance, requesting my signature and agreement to the new figure of 50-odd shares (thus I am losing over half the number shares I thought I had).
What are my rights here? I am still on a 6-month probationary period, which ends in September, so I am somewhat hesitant to take steps against the company in case it backfires and I lose my position.