Do Qualtrics give annual salary increments and stock grants? I heard only few employee gets salary revision and stock grants who got promoted and no base increase until you get promotion? #compensation #salary
Wait what? Isn't there an adjustment of base for inflation? Let's say you get a rating of 3, don't you get a base increase?
It’s still relatively new for the company to have non-promotion based raises. We as employees don’t have a ton of clarity into how it happens and at what rates - there’s just not enough real experiences yet. We have pretty small stock refresh IF any at all depending on your situation. I was promoted and my stock value add was less than 25% of my hired amount. If you wanna get “tech rich” this isn’t the safest bet. But it’s a solid job financially. Yes obviously google or Facebook pay better, sure if you can get a job offer there and want it that’ll be better worth the money. But we’re on the low side of average for tech I’d say
For an L3 -> L4 promotion, can you expect your new TC to be what it says on levels? ~220k? I have a new grad offer right now and am most likely going to take it. The recruiter says in 2 years most are promoted to L4
I’m assuming you’re in engineering if that’s the salary you’re looking at? I’m not in eng so I’m not sure. Qualtrics has a firm butt in seat policy for when you can get promoted, as in you Need to have x years at the level and an average of a certain set of reviews being at a score. The better your scores the faster you can get eligible (but not guaranteed) for promo. Not going to promise 2 years is correct or not since I don’t officially know. If you’re younger and haven’t moved jobs a lot you should be aware, your biggest compensation jumps are usually when you switch companies. Rarely is the promotion internally as large as moving companies. I am not advocating you jump jobs every 3 years but just letting you know
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This is correct
No it's not. Source: have gotten raises and equity outside of promotions multiple times in Eng.
Not True. I got base increase on par with inflation, and I know other folks who got it as well outside of promo and mediocre or better rating. However no idea on refreshers.