Misc.Sep 19, 2019
Facebookblockr

Recruiter wants my unvested RSU documents

Chase is going to make me an offer but their recruiters insist on having my unvested RSU documents so they can offer a buyout. Given the curent stock market and the likelihood that my next refresher will be a big one, i want to decline again. Any suggestions on how to best handle such situations? (I’m in the bay area while the recruiters are based in NYC.)

Google gWatcher Sep 19, 2019

They have no obligation to take your word for how many unvested RSUs you have if they are paying out your lost opportunity. Share the info. Also I don't really think of it as lost opportunity if they are giving you a new grant. Whether you stay at your current job or go to Chase, each company is offering incentives for your continued loyalty. If Chase is granting you shares, why should they also pay for the shares you forfeit at your previous job?

Facebook blockr OP Sep 19, 2019

They haven’t shared much so I don’t even know if they grant RSU as incentives.

Facebook NSA inc Sep 19, 2019

Is Chase rly competitive with Facebook? Also yes, you should share proof

Facebook blockr OP Sep 19, 2019

I’m not very confident but I heard someone got a very attractive package a couple months ago.

Uber InVi Sep 19, 2019

Are you going for chase in PAlo Alto ? Heard they are building Tech center in Bay Area

Facebook blockr OP Sep 19, 2019

That’s the intention. They plan to move people there next year (after April but who knows if construction will be finished on time).

VMware XEXC78 Sep 19, 2019

Include a history of refreshers, amount and timing, along with the summary of unvested rsu.

Facebook blockr OP Sep 19, 2019

My last couple refreshers disappointed me and I don’t want anyone to use those numbers. Is this a common practice? I never encountered this before.

VMware XEXC78 Sep 19, 2019

They’re not going to do anything about your next refresher if you can’t indicate that it would be sizable and timely based on the history

Bloomberg F.U. money Sep 19, 2019

Potentially illegal in CA and NY....

Google gWatcher Sep 19, 2019

Asking salary is different than asking for proof of lost opportunity they are offsetting.

Bank of America sup3rn0va Sep 19, 2019

Would you be willing to share the role and offer when you get it? I’m considering a few different firms and would like a reference point at Chase

Intel blinder21 Sep 19, 2019

Is this for WePay ?

BMO hPnJ57 Sep 19, 2019

TC

Uber dhsowhh38 Sep 19, 2019

Dont play games and just be straight up. Give them what docs they want and just tell them what you want in addition. Simple

Chase init 1 Sep 20, 2019

This seems to be becoming more common..