How is new hire stock granted to new hire. For example if I join in June 15 is it average of all closing price of the whole June month? Blind tax YOE -7 Current TC- 50 Offer TC- 70
Your YOE ?
7
Your understanding is correct and you got very good offer
Thanks. Even if it is June 20 it will be average of whole June month?
Btw how can we know average value without manually calculating so as to verify with offer units... I m also expecting offer from Adobe. Have heard previously Adobe used to offer exact units in offer letter but not now
What is base and stock in new tc?
45 base and 100k/4 stocks
Is it cs2 ?
Why bro you want to go into retirement company now It's rest and vest company Not much growth and learning. Yeah but good wlb and chill thing I think you should focus on company which gives good learning, not sleeping company Anyways congrats, its upto you
At 7 YOE and this phase of my life I do need a little rest and vest now. And I don't think if you join Adobe you will stop coding. It will be there. I don't like to generalize any company it purely depends on the team you join.As to judge a company I will say the benefits and employee centric company I want to join for sure. And Adobe is one of them . Rest and vest will depend on team not company I guess
I agree with op and also i have worked in startups, mid sized company and i know it's just a myth that people are blindly following that startups and bad work life companies have good learning... Ye chull sirf freshers and initial years me rhti hai and i am telling this from my experience Growth != bad WLB Growth != startups No learning != good WLB and employee centric company
Where did you hear about the taking the average price of whole month concept? AFAIK Your stock price and units will be decided on 15th of next month of your joining..in your example for joining on 15th june the price and units will be computed on 15th July..
It is there in the offer letter.
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On my offer letter they mentioned no of units. So it doesn’t matter what price, you will get that much units.
For me it 100k $/4
Ohhh