How much unvested stock is worth giving up

Nov 7, 2019 22 Comments

I have roughly 60K worth of stock vesting in March.

I just recieved an offer from another company for 85K worth of stock vesting over 4 years.

Base salary for new job offer is roughly 15K more than I make now and yearly bonus 5% more than my current company. No starting bonus at new company.

5.5 YOE

comments

Want to comment? LOG IN or SIGN UP
TOP 22 Comments
  • VMware / Eng
    tyxS31

    VMware Eng

    PRE
    Microsoft, Hulu
    tyxS31more
    Ask for a sign up bonus to cover the lost stocks, or more stocks
    Nov 7, 2019 1
    • PayPal gwSL64
      OP
      Yeah, I told my recruiter how much I haven’t vested yet... but I didn’t tell him that a large portion of it would vest in March.
      Nov 7, 2019
  • Square / Legal
    llllla

    Square Legal

    PRE
    Facebook, Google
    lllllamore
    Do yourself a favor and stay until March, then jump ship.
    Nov 7, 2019 1
    • PayPal gwSL64
      OP
      Ugh.. I didn’t do the math ahead of time and already interviewed basically everywhere.
      Nov 7, 2019
  • Credit Karma SE IV
    Over the next 12 months, you make more staying. Over the next 2 years, you make more staying.

    Over the next 3 years you make more leaving if you aren’t getting any raises or more stock staying.

    Probably stay.
    Nov 7, 2019 3
    • Credit Karma SE IV
      Oh, well, then ya maybe leave. Haha.
      Nov 7, 2019
    • PayPal gwSL64
      OP
      🤣😂😅
      Nov 7, 2019
  • Yelp boom-
    If this is Bay area (and you are an engineer or product manager) you are being low-balled on stocks. With 5 YOE people get 85k vesting per year
    Nov 7, 2019 1
    • PayPal gwSL64
      OP
      Engineer in Silicon Valley
      Nov 7, 2019
  • Facebook WDWO10
    Can you push back your starting date to March?

    Having said that, it really depends on individual cases. In the past I gave up far more to prioritise growth opportunity and it paid off (got a promo in 10 months, met a great manager, landed a leadership role, and the new company stock went up so it made up the difference). But I was also lucky & thankfully had no debt/kids.
    Nov 7, 2019 1
    • PayPal gwSL64
      OP
      I was also considering this... I haven’t brought up this possibility to my recruiter
      Nov 7, 2019
  • New QTdN03
    Just stay till March. If they won’t move your start date, then tell them the offer isn’t compelling enough for you to leave at this time.
    Nov 7, 2019 3
    • New QTdN03
      In this profession, assuming you are a software engineer, every ask is reasonable. I asked my hiring manager if I could take a paid vacation almost immediately after my start date (this was in the summer). He said yes.
      Nov 7, 2019
    • PayPal gwSL64
      OP
      Good call. I guess if it comes down to it I will make the ask. I’m still wrapping up my few on sites at different companies and waiting to see the offer for another couple of companies too.
      Nov 7, 2019
  • PagerDuty curious777
    Also account for the difference in terms of taxes between your long term capital gains (provided you hold your vested stocks for 1 year after) versus your selling and/or earned w2 income for the year. It could be 20-30% additional loss if you pay short term gain tax vs long term
    Nov 9, 2019 1
    • PagerDuty curious777
      Ie your signup bonus needs to account for that as it will be considered your regular taxed w2 income versus long term cap gains
      Nov 9, 2019
  • OpenTable Meliodas
    This is what the sign-on bonus is for. I negotiated the next 8-months of vesting stock in sign-on to avoid this scenario.
    Nov 8, 2019 1
    • PayPal gwSL64
      OP
      I was reading in other posts that the max sign on bonus they give is like 30K
      Nov 9, 2019
  • ThoughtSpot plKF76
    Ask for a delayed start. Or negotiate a signing bonus to defray loss of vesting stock.
    Nov 7, 2019 0
  • Facebook pvhd
    Just be upfront about the opportunity cost and let them choose.
    Nov 7, 2019 0

Salary
Comparison

    Real time salary information from verified employees