Atlassian has a 4 year vesting period which is pretty fair IMO. 25%/6.25% per quarter. What I wanted to understand is if there is a stock refresh policy? Does it vary from location to location or is there a policy that is worldwide
Saw on another thread you'd accepted the offer, welcome and when you settle in would encourage you to give your impressions of the office there - the big one is BLR?
Thank you so much.! Very happy to join the Atlassian family. Yes, BLR office. From whatever I've seen so far, it seems like a great place to work. Will definitely give my impressions once I've gotten a lay of the land. :)
Hey... whats your review of the company in BLR office so far?
Hi OP What is the grant price of the Atlassian new hire stocks. If someone receives an offer for x usd worth of Atlassian stocks, then after he joins, how is the number of units calculated?
There's a worldwide policy, although I couldn't tell you for sure that implementation is the same everywhere. Refresh grants are supposed to be assessed annually, and be bases on performance and (to paraphrase from memory) "expectation of future impact" Per other Atlassians on Blind, at least in the past they've been on the small side with a larger retention grant before the new hire grant runs out. My own first year refresh was on the small side.
Thank you for your response. I have an offer from Atlassian and the stock forms a large part of my TC. So, my base is relatively smaller when compared to the compensation structures of other companies. My worry here is the fact that yearly hikes are given on base salary and since my base is low in comparison, it will eventually turn out to be a very small increment in actual numbers. This can be mitigated to some extent by additional stock grants at the end of the year. Hmm.. should I be worried?
My own impression was that our base salaries were pretty competitive and our equity relatively light compared to some of the higher profile companies... at least for SF and MTV, other locations may differ. Someone else here on blind had a more equity heavy offer recently although I forget the details. What level would you be coming in at? I don't have any sense of our manager comp, but in general I'd expect a company (not just us) to have more leeway to grant refresh shares vs. go out if band on salary