Can someone explain me how the doordash stock refresher work. If I join doordash as E5 SDE with $800k equity vesting in 4 years do I get eligible for refresher starting from year 1? If yes how does the refresher work? How much increase is it based on performance of (1-5) rating? An explanation with sample value is highly appreciated. Thanks in advance Current TC : 300K
Yes you will be eligible after being like 6 months in (prorated in this case) Yes based on performance (it’s a multiplier - goes much higher for high performance) Vested quarterly over 2 years
So if I joined in start of 2023 and end of year performance is rating 4 and I am given refresher 100 stocks do they start vesting from 2024 itself? i.e 50 in 2024 and 50 in 2025? Or is it 50 in 2025 and 50 in 2026?
Oh boy , forgot already from my time at Amazon that this even needs to be clarified 😂 This ain’t Amazon - we ain’t playing with bullshit delayed vesting schedule You’ll get them in 2024 and 2025 according to your scenario.
They don’t give 800k equity offer anymore. The latest is around 600k.
Still possible for really good interview performance / very strong background / competing offers
Even if they do at this time, likely this is for candidates that are down leveled after the interview.
What’s the base you got? What’s your tc breakdown? Any sign on bonus?
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