Joined as new grad software engineer at Google. Wanted to know about the annual refresh one gets from second year. Does it depend on initial grant? What ranges can I expect for various ratings? TC: 27L with 50k grant over 4 years. #googleindia
Is that 50k rupees or dollars
lol. obviously dollars. though not sure of vesting schedule.
Hyderabad or Bangalore?
Vesting schedule at google is 25% each year for 4 years
Not vesting schedule, I meant to ask was the amount of annual refresh one gets at google after perf each year staring from 2nd year.
afaik 30k + (25/50/75) % based on performance.
LOL
that's a very helpful input. really appreciate it
You will not get one if you joined this year!
Whats the reason??? Is it something that happens always or because of the pandemic?
No default refreshers for the year people join in. So if you join in 2020, this year, first refreshers you get will be in 2022 Jan.
Curious to know what the new grad offer breakdown is like these days. What is the base out of this 27? It used to be very different 4 years back.
The new grad offer is pretty standard. Base is 16.8 or something, then the rest is bonus and 50k usd stocks for 4 years
Refreshers for the year you join only occur when you get "EE" or higher rating. This is because refreshers are a looking-forward metric (aka future potential). From the consecutive years, you get refreshers as usual. Bonuses are a looking-back metric (aka for the work you've done), so you get them in a prorated fashion. The sign-on stock and refreshers vest over 4 years at Google, but the vesting schedule varies depending on the number of shares you were granted. > 160 => monthly vesting > 64 => quarterly vesting > 32 => half yearly vesting otherwise => yearly vesting I believe the target stock refresh for L3 in India is about 35k USD. Multipliers for EE, SEE, S are 1.2, 1.5, 1.8
can you provide a similar refreshers target numbers for L4 too?
You mean one gets 35k USD refresher for CME?
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16 base ,Right ?