Received verbal offer from Broadcom and would like to make a decision by this week. Any comments or inputs are much appreciated :) Level: Principal Engineer (ICB5) Location: Bay Area Base: 210k Annual Bonus: 30% ( not sure about this. 25% is the regular one) RSUs: 640 units ( 320k @ $500 ) Sign on: No Job - PD/STA TC - 350k with 30% cash bonus, 350k with 25% YoE: 15yrs Current TC - 300k RSU vesting schedule- 4 years How much Fresh RSU can we expect per year? As per them cash bonus is 30%. Is this only for current financial year from oct-2021 to sep-2022?. or is to going be revert back to 25% ? Thanks! #hardware #BRCM #semiconductor
RSU vesting schedule- 4 years. How much Fresh RSU we can expect every year?
~300 units for ICB5
Thanks. Is this an expectation based on previous RSUs offered around year 2017?.
Broadcom pays few folks whom I know 1.4 Cr within India itself. You should ideally be targeting 500K at least imo.
1.4 or 1.5Cr is for ICB5 people who got multi year grant 4yrs back when stock price was at $220. OP, offer looks good...u will get 30% bonus easily if BU performance is decent and can go upto 50+% if urs and BU performance is excellent. Yearly RSU refresh will be 1 to 1.5X of ur base pay depending on ur and BU performance. Which BU is this ? Congrats on a good offer
Is RSU refresh related to % of base pay? I thought it was fixed to half of joining stock per grade
Good offer!
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RSU vesting schedule?
4 years.