What’s the annual refresh at @workday at Principal Engineer level? I heard it’s a percentage of the initial grant. E.g. if you got a 500K initial grant what kind of annual refresh can you expect?
Also 500k grant might be a bit out of reach but 🤷♂️
Is it over 4 years?
It's not a percentage of the initial grant. It's based on performance and position in your current band.
I recently received an offer and yes recruiter told me it will be percentage of initial grant. For an average performer he mentioned 50%. Not sure how true it is. Workday ppl can confirm
Can someone from Workday confirm this?
Confirm what ? The 50% thing ? Not sure about that.
So the annual refresh is not related to the initial rsu grant? I think someone said the recruiter claims it’s 50% of initial rsu grant.
Also what’s the annual refresh at principal engineer level ?
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Well it depends.
How much for an average performer? Also is it given every year?
Yes refreshers are given every year April-ish.