Annual stock refreshers and yearly bonus a sure thing or not?

Google PWgY17
Aug 19 13 Comments

I'm mulling an offer from Apple (software, Siri org), but they don't mention anything about annual stock refreshers or annual bonus ages%.

In Google, although these are 'discretionary' one can comfortably expect a good (40-70% of base) stock refresh and a specified 'target bonus percentage' ~15-20% of base as annual bonus - the actual percentages will vary according to a number of things like perf numbers, director etc.

So,

- Do people _usually_ get 'good' grants/bonuses at $AAPL or not?

- Are these consistent annually in frequency, or does it happen that you perform OK but get a very token amount or get nothing?

TC: 350k
YOE: 9

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TOP 13 Comments
  • Apple / Eng KyBQ02
    you usually get raises, bonuses and stock grants but nothing is guaranteed
    Aug 21 5
    • Google PWgY17
      OP
      Yes, what does usually mean? Does this apply to ICT5 as well?
      Aug 21
    • Apple oBcA03
      I don’t have too many data points, but as an ict5 in JG’s org your refresher is likely going to be over 200K.
      Aug 25
    • Google PWgY17
      OP
      @oBcA03 - thanks for that info, but how about the frequency? Have you heard about people getting 0s?
      Aug 26
    • Apple oBcA03
      @PWgY17 Everyone I know gets refreshers every year, except for one guy who told his manager in June (i.e., right before they lock down the compensation for the next year) that he wanted to move to another team. He didn’t get shit. That being said I’ve heard rumors about some teams not giving out refreshers, but never met anyone from those teams. Again, as an ICT5 in John G’s org, I think you’ll be fine.
      Aug 28
    • Google PWgY17
      OP
      Thanks @oBcA03 !
      Aug 28
  • Google room ba
    Yes they do. Apple expects that half of your compensation in year 4 will be equity.
    Aug 19 0
  • Apple aggroto
    Refreshers are Almost guaranteed for SWE. It’s quite good, can be easily between 100k-150k based on your level, n bonus 15%.
    Aug 20 2
    • Zillow Group 0x001
      Even joining at this point of the year? Can you expect half that amount if you joined mid year?
      Aug 20
    • Apple aggroto
      there is a cutoff period. this is the best time for next year, u are getting a full year for showcasing your talent.
      Aug 20
  • Google QW136632
    ICT4 has a chance of no refresher :(
    Aug 19 2
    • Google PWgY17
      OP
      Wow! Have you worked at Apple before?
      Aug 21
    • Google QW136632
      Yup happened to my TL
      Aug 21