Wanted to spread the word that DoorDash is topping us up to hit 80% of our TC if we joined in 2021. People who joined in November 2021 got hit the worst. I lost like 30%. So for all you at Instacart, Grubhub, UberEats, ChowNow, and whatever else there is, I hope you use this to pressure your companies too :) TC: 370 YOE: 4
Are you E5 at DoorDash? 370k doesn’t look like E4 TC. If so, does DoorDash promote as fast as FB/Uber and is E3 -> E5 doable in 2-2.5 years?
I'll be surprised if E5 is only making 370k. Most E5s I know are 400+
I think the standard E5 offer is 210k base and 700k equity over 4 years, which would be 385k TC. But I doubt DoorDash is handing out E5 offers to non-PhD 3 YOE. I think OP got promoted internally if he’s E5.
That’s good news. Our stock also got hit hard, but I haven’t seen any announcement yet on how they’ll account for it.
80% stock award So it’s actually more in tc.
So they are giving you more equity, to ensure in total you are getting 80% of your initial grant? Or are they giving you more equity equal to 80% of your initial grant on top of what you already have?
Option 1 but more specific. Getting more equity to ensure 2022 equity is at least 80% of value of the signed offer That’s aside from regular refreshers etc
Thanks for clarifying. Good for DoorDash!
Some of us were getting good refreshers but they haven't hit our accounts yet. if they calculate them as they have in the past the new grants are already down 30 percent...
And going further down...
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Just 80%? Lol