Increment policy at Tesla

Gogo / Eng 2390
Dec 28, 2018 13 Comments

Can anyone tell me about the increment policy of Tesla minimum how much an employee can expect (Software Side)

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TOP 13 Comments
  • Tesla / Mgmt
    t3$l@

    Tesla Mgmt

    PRE
    Tesla Motors
    t3$l@more
    No minimum, there was a annual review part on Tesla channel recently and off the numbers I saw without promotion, increments varied between 2.5 to 10 percent
    Dec 28, 2018 2
    • Gogo / Eng 2390
      OP
      Which month the increment becomes effective I mean starting January or some other month
      Dec 28, 2018
    • Google Fiidoakfcc
      Starting December
      Dec 28, 2018
  • Tesla tumbri
    Yearly increments at tesla happen in december. They give below 3% increments and around 20K worth stock vesting over 4 years, every quarter. Its like 5K-6K bonus (rsu) every year and 2-3% raise - if you are at level P2 or software engineer. Neither exciting nor wallet filling "increment policy", imho.
    Dec 29, 2018 4
    • Tesla / Mgmt
      t3$l@

      Tesla Mgmt

      PRE
      Tesla Motors
      t3$l@more
      Those numbers are lower than what people have posted this is probably the lowest stock bonus I have heard of
      Dec 29, 2018
    • Google Wooopsy
      Yeah these are under target, even for P2: low performer!
      Dec 30, 2018
    • Tesla tumbri
      25K stock (vested over 4 yrs) and 3.5% hike were my numbers - are they lower than other P2 peers?
      Jan 3
    • Google Woopsy
      Lower than the average, yes. (Assuming SWE)
      Jan 7
  • Gogo / Eng 2390
    OP
    Thanks
    Dec 29, 2018 0
  • Tesla eng56
    2-10% or even 0. Up to your manager. They're more open to giving RSU though with 4 year vesting. 6.25% every quarter.
    Dec 29, 2018 0
  • Google Fiidoakfcc
    There is no minimum, it is purely about to your performance (somehow with respect to your peers).
    It is roughly 99% your manager decision (within his budget)
    Dec 28, 2018 0
  • Gogo / Eng 2390
    OP
    Yes it’s related to salary increase after performance review
    Dec 28, 2018 0
  • Google Fiidoakfcc
    Can you clarify the question? Is it about salary increase? There is no minimum, it can be zero.
    Dec 28, 2018 0

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