Does Stripe only give one-year stock offers?

Facebook / Data
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Nov 17, 2021 8 Comments

Saw this a while back and don’t know if they’re still doing this. Are they RSUs or options?

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TOP 8 Comments
  • They essentially tell you the dollar amount of stock they'd give you each year. Then at start of every year they calculate number of stocks based on prevailing stock price.
    Nov 17, 2021 3
    • I've heard they give performance based refreshers to 2/3rds of the company. Not sure how substantial those refreshers are.
      Nov 17, 2021
    • SAP
      EnUw33

      Go to company page SAP

      EnUw33
      My understanding based on a recent offer is that there’s two equity grants annually:

      1) a guaranteed grant that is given each year. Your first year, it vests in its entirety after one year. Your second grant (given after 1 year of service) vests 1/4 each quarter.

      2) an optional performance-based grant. I’m under the impression that this is usually sized about the same as your guaranteed annual equity, so if you get it you essentially double up.

      My base salary offer at Stripe is essentially what I’ve been making base+bonus+RSUs, so I’m pretty happy with it.
      Nov 17, 2021
  • Stripe
    eKoQ57

    Go to company page Stripe

    eKoQ57
    Recently accepted a stripe offer. Bank of America's answer is bang on. Plus performance grants, and the annual grants are forever, not just for 4 years.
    Nov 17, 2021 0
  • Square
    KtMT13

    Go to company page Square

    KtMT13
    How can they hope to stay competitive with such offers? Employees lose out on all upside from stock appreciation.
    Nov 17, 2021 2
    • Stripe
      a_stripper

      Go to company page Stripe

      a_stripper
      The offers are usually pretty high. Like 350k for swe 2 equivalent, 500 for senior swe equivalent, etc. I’d still prefer a 4 year grant but if you like the work and the pay is enough it’s not a bad idea to join.
      Nov 17, 2021
    • Square
      KtMT13

      Go to company page Square

      KtMT13
      What makes it such a great place to work? I’m curious…
      Nov 18, 2021