I heard that if you meet the expectations Oracle gives you 25% of the sign-on stock. If you work good for 4 years you basically get double you sign-on stock. That sounds too good to be true. In comparison with Google: Oracle: Annual cash bonus does not have target and is not in the offer. Annual stock bonus has a target of 25% of the initial stock Grant and the target is in the offer. Google: Annual cash bonus has a target of 15% and the target is in the offer. Stock bonuses (refreshers) have no target and are not in the offer. Is that correct?
I have no idea on the Oracle stock bonus but would they lie in the offer letter? To give you a perspective, I started at Google as L4 in October 2015 and got promoted to L5 by the end of 2017. I never got less than 20% in the annual bonus and my last stock refresh before promotion was about 50% of my initial grant.
It's not in MY offer letter as I don't have one. The info comes from an acquaintance.
They tell people that, but it’s bullshit.
Bull 💩
I don't think it is true