Tech Industry
Yesterday
944
I haven’t done shit today!
Tech Industry
2d
39474
Worried that our top performer is an attrition risk. How do managers handle this?
India
Yesterday
215
Heard congress distributing wealth
Tech Industry
Yesterday
2115
I’m Sooo Happy about Biden signing TikTok ban bill today!!
Tech Industry
Yesterday
689
Google vs Meta vs Apple vs Amazon
I know google and FB give stock refreshers every year. Especially for manager or Sr SWE, any idea what is the stock refresher? Is it a set % from the initial grant? 10%? Is it a set amount like 50k? Trying to understand how it works at these big companies.
At FB, it’s a set amount based on level, multiplied by rating multiplier and location multiplier.
Same at Google but I don’t think location applies to refresh, only to base.
Do you know what the "set amount" is for L4 SWE at Google?
Amazon refresher is such a shitty proposition, too bad most folks negotiating offers don’t account for that
How is it shitty? Does Amazon give refreshers based on performance
If stock does well, they may not give you anything. Most other firms don’t play this game and just give you more so if firm does well you also do well. Amazon caps that somewhat with this shitty practice
AMZNs is a little complicated, but effectively refreshers aim to bridge any gap between your expected TC and your target TC. If your TC is supposed to be 250k, but your salary+current vesting grant only gets you to 200k they will grant you additional shares so that your expected TC aligns with target.