Join Google before or after stock vest?

Amazon
money6969

Go to company page Amazon

money6969
Mar 24, 2021 22 Comments

Hi all,
Is it better to join Google before or after my stock vests at Amazon?
Does google compensation teams takes into consideration vested share of current year before calculating the new compensation?

TC: 56 lpa
YOE: 6

#google #amazon #stock #strategy #compensation

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TOP 22 Comments
  • Microsoft
    Sensei ๐Ÿฅท๐Ÿป

    Go to company page Microsoft

    Sensei ๐Ÿฅท๐Ÿป
    Theyโ€™l look at your total unvested stock. If you were in your 3rd year, theyโ€™hd take your remaining 3 quarters of unvested stock.

    It happened for me going from M to Li.
    Mar 24, 2021 2
    • Amazon
      money6969

      Go to company page Amazon

      money6969
      OP
      Thank you Sensei for the real life example. So in short it's a zero sum game :P Either let your stock get vested in current company and go ahead with a compensation on reduced stocks or leave the stocks in current company.

      Please correct me if I am wrong.
      Mar 24, 2021
    • Microsoft
      Sensei ๐Ÿฅท๐Ÿป

      Go to company page Microsoft

      Sensei ๐Ÿฅท๐Ÿป
      You are correct there.
      Only upside is your belief in stock. Amazon vs M.

      For me, Li rides on M stock so it was easy peasy ๐Ÿ˜…
      Mar 24, 2021
  • Microsoft / Cust. Srv.
    40 GLOCC

    Go to company page Microsoft Cust. Srv.

    BIO
    godlike
    40 GLOCC
    Before in order to negotiate better comp. Then at the last moment delay your start date slightly just in time for the vest to come in rofl
    Mar 24, 2021 1
  • Amazon
    dulo

    Go to company page Amazon

    dulo
    Before is better. You have higher leverage to negotiate good comp since you are going to give it up by joining Google. Amazon has enjoyed appreciation already over last 5ish years and stock price has neared saturation. Google is started appreciating over last 2 years. It is best to use your stock appreciated cash flow as negotiating leverage, get higher comp in Google, join at current share price, gain from the Google's ongoing run up.
    Mar 24, 2021 6
  • Arcesium
    real_manga

    Go to company page Arcesium

    real_manga
    Why would vested share ever be taken into consideration? It's vested and handed out to you.

    Only your current yearly compensation is taken into consideration.
    Mar 24, 2021 4
    • Arcesium
      real_manga

      Go to company page Arcesium

      real_manga
      Missed the question you asked here.
      Go to Google only after your stocks vest.
      Google 1st year stocks will vest on 1 Jan 2023 if you go in 2021.
      Unlike Amazon, their vesting does not start the day you join, but from Jan 1 of the next year you join.
      Mar 24, 2021
    • Amazon
      money6969

      Go to company page Amazon

      money6969
      OP
      I don't think this is true here @real_manga

      This is the excerpt from my offer at Google

      "The First GSU Award will vest (assuming your continued
      employment with the Employer or another subsidiary of Alphabet) over a four-year period following the date of grant according to the applicable vesting schedule. The number of GSUs granted and the vesting schedule details will be provided in the grant materials that you should receive shortly after the grants"

      The vesting should start from the date of joining. Existing Googler's can correct me if I am wrong here.
      Mar 24, 2021
  • Microsoft
    Sensei ๐Ÿฅท๐Ÿป

    Go to company page Microsoft

    Sensei ๐Ÿฅท๐Ÿป
    TC breakup*
    Mar 24, 2021 2