Snap refresh and sign on bonus

Oracle hdi697h
Jun 4 12 Comments

What is Snap's refresh policy for l6? Also do snap offers usually come with sign on bonuses (and how much)? Thanks!

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TOP 12 Comments
  • Apple ddgdchdch
    I don’t think someone from Oracle could obtain I6 from snap.
    Jun 4 2
    • Oracle hdi697h
      OP
      I actually switched to fb sometimes back fwiw
      Jun 4
    • Amazon Beff-Jezos
      Really? Why did someone from Oracle became Google Cloud CEO?
      Jun 5
  • Amazon / Eng dead.beef
    The Snap recruiter I spoke to says they aren't doing cash sign-on bonuses currently, but "quick vests" instead. You get an RSU award that fully vests after 6 months.
    Jun 5 4
    • Oracle hdi697h
      OP
      How much quick vest sign on were you able to negotiate?
      Jun 5
    • Apple appl3
      So you get the entire grant after 6 months?
      Jun 5
    • Amazon / Eng dead.beef
      I got 20k, but I didn't push very hard; it was already my best offer. This wasn't L6, though.

      And yes, the RSUs are 100% yours after 6 months. It's separate from the new hire grant.
      Jun 6
    • Snapchat emuF03
      Do you get l5? How much is the L5 offer these days?
      Jun 23
  • Snapchat iasB74
    $200k 2x/yr plus up to 1.5x multiplier for top perf.
    Jun 5 3
    • Oracle hdi697h
      OP
      Thanks, does that mean 100k vesting every 6 months (for a total of 200k per year)?
      Jun 5
    • Snapchat WcWY14
      200k every 6 month
      Jun 6
    • Oracle hdi697h
      OP
      thanks!
      Jun 6