Is there anything I can do about Facebook’s RSU vesting schedule?
Received an L4 offer from Facebook (167k+75k+355k). The things is Facebook has this “interesting” vesting schedule: I’m joining FB on August 19th, then I would skip the next quarterly vesting cycle on December 15th, and get my first vesting (for a quarter’s worth) February next year. So basically I won’t get RSU for the first three months (August to December) working at Facebook and decreases my income for the first 12 months by about 22k.
One thing I thought about doing is change my start date to August 5th then I can get the first vesting on December 15th. But unexpectedly the bootcomp for that date is at capacity so I’m stuck with the August 19th. For various reasons, I think it’s highly unlikely I would work at Facebook for over four years to get all the RSU, basically I think I just lost 22k because of the start date.
I know I should have considered the vesting schedule before signing the offer. However i needed to transfer my h1b and I was told by the recruiter that the join date is pretty “flexible”, so I decided to join after 3 months of accepting the offer, which is August 19th to guarantee the h1b stuff could be settled by that time. Right now I’m feeling very frustrated and a bit cheated and shocked, i definitely didn’t expect a 15 day difference in join date could cost me 22k.
Before accepting the offer I negotiated with the recruiter that I want my first 12 month compensation to be over 330k to accept the offer, right it’s below that number by about 20k practically. The recruiter told me there’s nothing we could do to change the situation and encouraged me to view things in the long term—that I “can” get all the RSU eventually.
Anyone had similar case or have some idea about anything I can do? Can I try to negotiate with FB to accelerate my RSU vesting maybe?