Some companies like Nvidia, Robinhood, Paypal has adjusted the equity grant after stock went down. Is something similar done at SoFi? Even on case to case basis #sofi #equity #downstream #fintech #tech TC:170k
Right now afaik, no unfortunately
We don’t even get 401k match so I’ll be shocked if we get this.
Omggg seriously
Nope. My RSUs are down 70% since joining. People have been asking about it for probably 6 months now but there has not been any update
I’m interviewing now and they seem to take pride in paying at 50% of the market band and giving lowball offers…
Our levels are inflated, btw. For example, senior swe here is equivalent to Amazon L5
SBC is something we’re actively trying to reduce because investors are not happy about it so highly unlikely there will be any adjustment.
Fair enough. How one can figure out that investors are not happy. is it by looking at stock price or ? And why $700k in stock grants to new staff SWE offers (at ~6/stock valuation)
lol wym just look at social media, people complaining about sbc and its simply to be competitive, or else they just take other offers
OP - curious to know did you know some one getting $1m stock grant for new staff swe?
I am talking with the recruiter and the current range is for senior staff it’s arnd 480k In TC
Yep..(very selective)
wait what? so it's happening?
Is that part of the q2 leveling cycle or already been done?
TC or GTFO