PayPal India - RSUs to new joinees / employees.
My recruiter at PayPal (India) informed that RSUs (not ESPP) to new employees are granted at a reduced rate ($73.11 / stock in my case) instead of the real time (last 30 days') averaging of the PayPal stocks during the joining time. This (reduced) price is determined by the organisation. Need confirmation on this information from existing PayPal folks / new joinees at PayPal India. Please help / guide. TC = 46 LPA #paypal #paypalRSUs #paypalIndia #tech
PayPal CowSick Oct 10, 2022
Yes you don’t have to pay for RSU..but you will get certain number of shares which depends on the total $amount mentioned in your offer letter divided by 30 days average stock price in real time
Amazon vMxf31 Oct 12, 2022
What level and which team
No RSU is real-time but employee stock purchase plan is at 15% discount
Yes, it is called espp.You have to pay for ESPP but RSU are part of your comp.
PayPal recruiter informed this discounted rate for RSUs, and not for ESPP