FB E4 to E5 promotion salary increase
Context : 6 yoe, 1 at FB (joined as an E4) Got top band offer (167/400/75) Expecting an E5 promotion this or next half Questions : 1. How much salary increase can I expect in terms of base salary and RSU ? 2. More particularly interested in how RSUs would work ? Would I get a lumpsum grant that vests over subsequent years as part of the promotion ? Or is it just that the base and refresher amount would increase ? 3. How would the tc progression look like ? #faang #engineering #software #swe #facebook #amazon #apple #netflix #google #facebookcomp #facebookcompensation #facebooksalary
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A friend of mine at FB got promoted to E5 and just got a normal refresher, no big grant. He even had a cliff coming up so he was pretty pissed.
I haven't yet been through PSC, so no idea how refreshers actually work. But AFAIK, you get a target amount worth of stocks every year which vest over the course of 4 years. People hit cliffs even with the refreshers ? I imagine the refresher grant per year would be way less than initial grant per year
The refreshers are fixed by level and rating. My friend took 3.5 yrs to get from E4 to E5 so his new hire grant was expiring and his refresher at promo was based on E4 so it wasn’t that much. So overall his comp is kind of low for an E5. It will go up again in a year or two of being at E5 but still sucks for him.
185 base And refresher is 70k to 140k (depending on performance)
There is an internal Compensation Data Point group where you can find more examples
Well, being promoted to e5 doesn’t look exciting if you only get base and refreshers increase. Even if you get promoted in your 1st half, you’ll be still lagging behind e5 hires because of a smaller initial grant ☹️
Hi, I have an offer with facebook for E4(downgraded from E5) How tough you felt to get to promotion . I have 5.5 yoe.
😏
salty ?