Money

Uber equity refresh

Amazon / Other
Vvvvvv!

AmazonOther

PRE
AMD
Vvvvvv!more
Dec 1

I was told by Uber recruiter that equity refresh is given in March every year and I would be eligible to get 100% of equity refresh in March 2019.
Now I learnt on blind (no mention of it in the offer letter) that I need to join the company by 1st dec to be eligible for equity refresher.
However, Due some delays (not from my side), I may not be able to join before 1st dec.

Is there a way I can negotiate to still get equity refresher. Or should I even bring it up with Recruiter since she told me when the offer was given in oct that I would get it. It’s a significant amount, don’t want to let it go with no fault of mine.

Would appreciate expert advice on this issue.

TC: 250k

comments

Add a comment
  • Uber ajQi76
    Are you expecting a 100% equity refresh after 3 months of work?
    Dec 13
    • Amazon / Other
      Vvvvvv!

      AmazonOther

      PRE
      AMD
      Vvvvvv!more
      OP
      Yes. I was told equity refresh is not pro rated. Is that incorrect?
      Dec 1
    • Uber nnbbccdy
      no, sounds perfectly reasonable. must be correct.

      we are hiring more kids apparently.
      Dec 1
    • Uber bReF55
      I joined recently and was told equity refresh is not prorated as well.
      Dec 1
  • Uber klGt73
    Equity refresh is not prorated. Check internal website
    Dec 14
    • That's so fucked up. Even though it's paid in March the decision is made much earlier than that. So if someone joins right before December but gets it, it would be very unfair for people who joined earlier in the year.
      Dec 1
    • LinkedIn / Eng
      Gill Bates

      LinkedInEng

      BIO
      [Insert epic sax here]
      Gill Batesmore
      It's pretty unlikely a new hire will have significant impact enough to have a high refresh, no?
      Dec 1
    • From what I heard it's a standard amount based on level. You can get more based on what you've done. Don't know if you can get less.
      Dec 1
    • Uber heUI78
      This was my first year and my equity refresh was prorated.
      Dec 1
  • Lowering our standards again.
    Dec 10
  • Uber Joined
    If you move gross bookings by 1% then yes you will
    Dec 20
  • Uber heUI78
    You will definitely not get 100% of target, you will be prorated for your first year.
    Dec 10
  • Uber
    ohnonono

    Uber

    PRE
    Google
    ohnononomore
    There is a cutoff date, that depends on your start date. It sounds like you missed the cutoff and...now you won’t receive an equity refresh...on less than four months of work. In addition to the new hire grant you’ll already receive.

    Better luck elsewhere.
    Dec 10
  • New
    nfs

    New

    PRE
    Booking.com
    nfsmore
    Sounds like a miss communication. Equity will refresh on march next year, otherwise, it doesn't work as incentive to keep you there...
    Dec 10
  • Splunk ZpMw
    Greed has no end.
    Dec 10
  • DoorDash UsrNm1234
    Note the wording: you are 'eligible' to get 100%. If you don't join before Dec 3 (which is the deadline), you won't get anything. If you join by that date, you may get upto 100%, but, most likely much lower than that. They don't prorate - so it depends how much impact you can have by the time reviews come around.
    Dec 10
  • Uber hwjybw8
    Dude dont accept uber offer. Uber sucks and you will get better deal in a place like dropbox or iqiyi
    Dec 10
  • Uber ACHY82
    everyone has the same equity refresh "target" at each level. more or less depending on your perf in the past year. you want to clarify it with your recruiter.

    i'm surprised you think you'd get full equity refresh. i blame your recruiter.
    Dec 10
  • Uber qpQY00
    You should really clarify that with the recruiter. 100% is not realistic.
    Dec 10

Download the app for more exclusive content.