Starting as a new grad at Uber soon (TC 175k). Was wondering how promotions work regarding pay raise/equity grants, etc. Do you get more stock grants when you get promoted, or just base increase & target refresher/bonus increase. Anyone have numbers for L3-L4 promotion? Answers for companies other than Uber are also appreciated as I'm curious how it varies by company. Thanks!
These things change from time to time. I recommend talking with your hiring manager/recruiter about your org’s policy. In general, promos result in an immediate base increase, with a bonus target increase and refresher increase. I’ve never heard of a one-time spot grant for anyone being promoted, although the company has done one-time grants for other reasons.
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Talking about start-ups in Seattle . Promotions are usually accompanied by more stock grants , base increase and target bonus increase . Some companies also have annual equity refreshers, base salary adjustments other than just with promotions .