Tech IndustryMar 2, 2022

Spotify Incentive Mix

Spotify employees, I have accepted an offer from Spotify and need to submit an incentive mix plan. What do you advice? I'm leaning towards 50% cash 50% rsu. I feel like stock options are too risky rn.

Google OldNoob Mar 2, 2022

Where’s the playlist?!??!

Spotify NXfi30 Mar 2, 2022

50% cash and 50% rsu is reasonable. I did 25% options when I started a few years ago and the rest in rsu I received some refreshers recently and did all cash

Indeed indid Mar 3, 2022

How are refreshers at Spotify ?

Spotify NXfi30 Mar 3, 2022

Most senior lev r&d folks received refreshers around 60k-100k this year due to inflation, but it's not common to receive them every year

Spotify ⚡⚡👻⚡⚡ Mar 3, 2022

It's a good time to go with options if you wanna stay here for a long period

KeepTruckin bExtQ OP Mar 3, 2022

yeah I see that... how do you define long? like 5 years?

Spotify ⚡⚡👻⚡⚡ Mar 3, 2022

Hopefully markets will recover in 1-2 years 🤞

Spotify B2TK1 Mar 3, 2022

My options are worthless as they were priced at $258. At ~$140, there could be some fair upside. It’s too bad Spotify doesn’t let you do something like 50% Cash, 25% RSU and 25% Options. If they did, I’d recommend that…

KeepTruckin skalal Mar 3, 2022

So does 50% cash and 50% RSU sound reasonable?

Spotify B2TK1 Mar 3, 2022

I think this depends on your current situation. Your current TC, YOE. When you’re younger, you can take more risks. When you are older. Not so much. But your plan is a very safe one. If that’s what you want.

KeepTruckin skalal Mar 3, 2022

thank you, that makes sense! I would consider myself young I just turned 25 haha. I'll think more and possibly increase the RSU % in the mix now that the market is at a low

Spotify pIsr23 Mar 5, 2022

If you’re happy with your base I think the default mix is pretty reasonable

Catchpoint burntbrocc Apr 30, 2022

OP what did you end up doing? In the same boat and leaning towards 75% RSU, 25% Cash

New
YeagerMG Apr 30, 2022

Hi Op. I am interested in knowing what you did as well. Im leaning towards 75/25 rsu/cash as well. Considering spotify stock is at an all time low, what do you think?