I think Amazon is a bit of an oddball as after your initial offer you usually dont get additional stock until your original grant runs out. this is so you maintain a certain TC for the upcoming years. However im not clear how actual good refreshers work at other companies (G, FB, Apple). Do you get an initial grant of say 400k/4 years, and at the end of your first year, get an additional grant of say 60k? So your first year stock is 100k, but second year will be 160k? Or is it like amzn where you only keep getting new stock to meet a certain TC?
At Facebook you get stock every year yeah so TC first year would be lower than TC second year etc. Then there is the 4-year gap because your TC drops a lot because of initial stock grant is over. To compensate, leadership sometimes give a discretionary equity when you reach 4 years to make you stay
Amazon is fucked, I’m out this ho
At facebook refreshers occur every year based on level and vest over 4 years. 120k for E5 meets all. With 1.25x and 2x for exceeds and greatly exceeds. Your current RSUs are not taken into account.
The 60k you get at the end of first year would be vesting over 4 years at most companies. So your second year stock would be 115k. Third year would be 130k assuming you get 60k more at the end of second year.
Ah, I see that now. Not quite as good, but since they happen every year it eventually evens out to the same after your initial 4 years.
Google works same as FB but no refresher first year unless you start before Jan 1st. Most manager will give some RSUs if you started in Q1 from discretionary fund or if think you deserve it Amazon blows when trying to grow your TC
Are the amounts fixed per level like FB?
Similar though FB refreshers are slightly more
Is Amazon the only FAANGMULLA+ company that doesn’t do refreshers like this?
I heard also that Amazon uses stock inflation to offset your salary raise or something like that.
They add 15% growth to RSU awards.
Curious too.