Exclusive | OpenAI Ends ‘Vesting Cliff’ for New Employees in Compensation-Policy Change

OpenAI told staff this past week that it was ending a compensation policy that required employees to work at the company for at least six months before their equity vests.

The change to the “vesting cliff,” announced by applications chief Fidji Simo, is designed to encourage new employees to take risks without fear of being let go before accessing their first chunk of equity, according to people familiar with the matter.