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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comments
It happened for me going from M to Li.
Please correct me if I am wrong.
Only upside is your belief in stock. Amazon vs M.
For me, Li rides on M stock so it was easy peasy ๐
34 + 5 (performance bonus) + remaining stocks
Could you please share how you negotiated? This seems to be on the higher end in India.
Only your current yearly compensation is taken into consideration.
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.
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.