I'm currently negotiating with a Google bet which only gives guaranteed two year worth of equity and vesting. So from 3rd year onwards I have to rely on refreshers to bring the TC closer to first two years. If I negotiated a high equity package today is the refresher equity going to be given proportional to that? Or do they give it purely on performance/level etc? I just want to make sure I don't end up making less money after two years. Going in as L5.
Only 2 years instead of 4? I haven’t heard if that... is that common?
No not common but I heard they do it to keep total comp in check in case stock appreciates significantly. I thought that was the whole point of equity
So sounds like I should focus more on base because refreshers can be pulled back in future
Also just negotiated with Google for L5. They wouldn’t move on base. Increasing Stock was the only option.
Care to share TC ?
L5 refresher at Google will top out at $150k
What is the average? I'm also negotiating for L5 and trying to compare to another offer.
Doesn’t go by average. It’s an average per rating. EE will get you $120k or so
The refresher doesn’t depend on the starting package u negotiate now. It’ll be based only on performance/level.