I have almost 100k stocks vesting 3 months after what new employer wants me to start. I asked recruiter to match it so I dont have to wait. He said the offer they gave is best they can do. How do I go about this? I am meeting potential new manager for a quick chat. I somehow want to mention to request to push my start date after 3 months so I dont lose 100k vesting stocks. It would be foolish if I lose that much amount.
Depends on what the new offer is. If the new offer is like an L6+ from Facebook or Airbnb or Lyft or similar companies then you don't have to wait, but anything else may be a tough call
Talk with the manager to see what they can do. I was in a similar situation and pushed out my start date to be 3 months after I accepted
It's possible. I pushed about 1.5mo. 3mo might be a bit too much.
Would be better to make up a fake reason for pushing (immigration status, family issues, health) then its really easy to push the date. Compensation is less compelling usually. Source: I pushed my joining date many times, including by 9 months once.
How????
It is totally possible. Be upfront with the new hiring manager about your situation. It will go a long way in that person’s opinion about your integrity and demonstrate just how interested the new company is in you. Best of luck either way.
Why would vesting date not be a valid reason? If they really want you, they could bump the signing bonus.
Generally the new company's signing bonus(not the TC) should cover your unvested stocks, especially if they are close to vesting. If they are not able to do that, generally they offer candidates to join in late. But again this might be a backfill position that they need to fill in asap. What's your immigration status? If it's work visa, then transferring that may buy you some time
Why do they want you to join by a certain date? If it’s a large company like FB/Google they should be willing to wait. If a smaller company no harm in talking to new manager. Maybe the manager is ok with moving your joining date.
Its a large company. How Do I ask to move 3 months away? Does it show any red flags to them?
No. Just talk to the recruiter about your stock vesting. I moved my join date at FB by over 3 months because I didn’t want to leave the product I was working on midway. And you can always delay the h1 process by delaying to submit documents / questionnaire 😉 When are your stocks vesting?
Bad planning on your part, you could lose both
This does not help. Thanks for amazing advise. Lol