How do performance based rewards work for SDEs and PMs? Looking for info on
1) what is the rating system
2) target cash bonus and stock for each rating for L6,L7
3) when does review happen in the year. Is it annual or more frequent? And are rewards paid out annually as well?
At Qualtrics, rating system is 1-5, rewards are not linear, 3 is 10%, 5 is 30%. Cash rewards only. No equity. Paid out twice a year.
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