Does HubSpot do yearly refreshers?

New
qufY24

New

qufY24
Mar 2 9 Comments

Got a Senior 1 offer from HubSpot on the CMS team.

$170k base
$180k/3 RSUs
$15k sign on

TC: $230k (current TC 150k)
YOE: 6 (Austin TX, Remote)

My question is does HubSpot do yearly refreshers? If so what do they look like for the average engineer?

Excited about HubSpot, but without refreshers this offer won't be able to compete.

#tech #hubspot #hubspotcompensation

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TOP 9 Comments
  • Hubspot
    hubby123

    Go to company page Hubspot

    hubby123
    There is a yearly comp review process where you can expect to move upwards in your salary band and a stock refresher
    Mar 2 3
    • Hubspot
      hubby123

      Go to company page Hubspot

      hubby123
      I’m not too sure. This year is my first run through annual comp review so I can’t speak to numbers. I think it’s a lump sum. They try to keep a certain % of your base salary as unvested stock and that ratio goes up based on role/performance
      Mar 2
    • Hubspot
      paiebthxid

      Go to company page Hubspot

      paiebthxid
      All grants are over 3 years btw.

      We don’t have a formula like “Senior SWE1 meeting expectations gets $X” the way some other companies do. Instead it’s based on the ratio of unvested stock to salary, which we call holding power. When you join, your holding power will be slightly above 1 ($180k unvested RSU / $170k salary). At comp review they figure out what your holding power should be based on role and performance in role, and then grant stock to get you there (simplified explanation).

      Holding power decreases organically as stock vests, so refreshers are the norm. For example, after a year you’ll only have $120k in unvested RSU (since you’ll vest $60k) and your holding power will be ~0.7. So if your target holding power is 1, you would need a $60k refresher to get there.

      But there are other factors that can affect refresher, like the stock price going up/down or the holding power ranges getting adjusted upwards.
      Mar 3
  • Hubspot
    Kjrg06

    Go to company page Hubspot

    Kjrg06
    Shit this is miles better than what I was making at Senior I…
    Mar 8 2
    • Hubspot / Eng
      c0d3monk3y

      Go to company page Hubspot Eng

      PRE
      IBM
      c0d3monk3y
      It's miles better than what I'm making now. I think they give competitive offers a lot of times to attract people in or they hire people at higher bands and then demote them so they receive a more competitive offer.
      Mar 8
    • Hubspot
      Kjrg06

      Go to company page Hubspot

      Kjrg06
      Yeah it really seems like they screw you on comp if you get internally promoted
      Mar 8
  • Hubspot / Eng
    c0d3monk3y

    Go to company page Hubspot Eng

    PRE
    IBM
    c0d3monk3y
    I have never gotten a stock refresher before and am heading into my 3rd year. Also I would note for you that this is a very good offer for SSWE 1 and if the new rumored salary bands are true, you don't have a lot of wiggle room left in the SSWE 1 band which current base cap is rumored to be 180k, so I wouldn't expect a big raise come review time if I were you.
    Mar 8 0
  • New
    ECsK71

    New

    PRE
    Morgan Stanley
    ECsK71
    Can I get a referral from one of you kind peeps to HubSpot?
    Mar 7 0