Does Stripe only give one-year stock offers?
Saw this a while back and don’t know if they’re still doing this. Are they RSUs or options?
Square KtMT13 Nov 17, 2021
How can they hope to stay competitive with such offers? Employees lose out on all upside from stock appreciation.
Stripe a_stripper Nov 17, 2021
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.
Square KtMT13 Nov 18, 2021
What makes it such a great place to work? I’m curious…
Stripe eKoQ57 Nov 17, 2021
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.
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.
Do they have any type of refresher or additional stock per year based on tenure? Seems like stripe comp is generally higher for year one and maybe two but then normal vesting schedule offers with refreshers win out in TC.
I've heard they give performance based refreshers to 2/3rds of the company. Not sure how substantial those refreshers are.