The schedule by which employer contributions or equity become fully yours.
Vesting determines how much of an employer's contributions — such as a 401(k) match or stock grants — you keep if you leave. Your own contributions are always fully yours, but matched funds or equity may vest gradually over several years. Understanding your vesting schedule matters when weighing a job change.
On a four-year vesting schedule, leaving after two years may forfeit half of the employer match.
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