Twitter - Refresher / Target Equity

Coupang / Eng
tunnel💡

Coupang Eng

PRE
Facebook
BIO
I am speed.
tunnel💡 more
Sep 2, 2019 13 Comments

Can someone from #Twitter explain what Target Equity is and how it affects total comp?

It almost reminds me of Amazon’s Target Compensation rate... so in Y2, Y3, and Y4 you dont have equity grants that stack and produce a snowball effect?

TC 400k

comments

Want to comment? LOG IN or SIGN UP
TOP 13 Comments
  • Twitter bpdi57394
    Assuming you're a new hire in january.. Your initial grant/4 years is your equity target . Let's say it's $100k a year for example. Each title has a wide range for equity . Let's say after Feb perf reviews in yr 2 your manager moves you up in your equity band to $125k and if so, you'll get a grant that starts vesting immediately so that in yr 2 thru 4 years you get $125k a year. The $/share value of the equity grant is locked in upon refresher offer , so you benefit if the stock price goes up, and suffer with the rest of us when the stock price goes down. If your manager doesn't move you in the equity band or you aren't promoted , you won't get a refresher that vests immediately , you only get a refresher that vests starting after your 4 yr cliff (ie you'll get a grant for some percentage of 100k in yr 5...with the intent that in yr3 you'll get another refresher that tops you up to 100k for yr 5 and some of yr 6 unless you get moved up or promoted).. and rinse repeat.
    Sep 2, 2019 2
    • LinkedIn pfldls
      Does twitter count stock appreciation into your target comp?
      Sep 5, 2019
    • Twitter bpdi57394
      No
      Sep 6, 2019
  • Twitter pNAK04
    Very good explanation! 👍
    Sep 2, 2019 5
    • Twitter pNAK04
      Dm me your resume and I can check with my manager.
      Sep 2, 2019
    • New / Eng
      Algo_i go

      New Eng

      BIO
      Computer Science student
      Algo_i gomore
      Sure
      Sep 2, 2019
  • Coupang / Eng
    tunnel💡

    Coupang Eng

    PRE
    Facebook
    BIO
    I am speed.
    tunnel💡 more
    OP
    So an offer from Twitter isn’t as lucrative as other tech companies where refreshers can potentially stack on top of each other, where in Y2, Y3 you have 2-3 grants vesting?
    Sep 2, 2019 2
    • Twitter bpdi57394
      Possibly; depends on your manager and what you agree to for perf review. Our cash bonus system is really good though. And the rsu refresher system is better than Amazon.
      Sep 2, 2019
    • Facebook / Eng Allegrante
      Cash bonus system really good in what sense? How does it work?
      Sep 8, 2019
  • New / Eng
    Algo_i go

    New Eng

    BIO
    Computer Science student
    Algo_i gomore
    Nicely explained👏
    Sep 2, 2019 0

Salary
Comparison

    Real time salary information from verified employees