Uber ESPP policy
About to join Uber, so trying to understand their policy on ESPP. What is the max percentage of base can we contribute? I understand we get 15% discount on share price. Is there a lock-in period for share price? (Like in PayPal, the price gets locked for 2 years on ESPP enrollment) How often are the shares purchased? And what broker does Uber use for holding shares? Thank you. Tc: 1cr, India L5a
Can you please share your interview experience. Also backend Or frontend. Can i dm you since I also have uber interview coming up
Sure
DMed you!
Can you ask the recruiter to provide you more detail? Some details I remember: max contribution % is quite large (and it is pre tax percent but deducted post tax), shares are purchased twice per year, morgan stanley is broker.
15 percent of base, price gets locked for 1 year, shares are purchased every 6 months, shares are held in solium
15% of base or $25000 USD per year, the lesser of the two.
@daraboss Uber newbie here. Can you explain how the price gets locked for a year ?
ESPP is government regulated. You can contribute 15% of your gross paycheck up to $25k. The 25k cap is industry wide since that is government regulated.
Yoe?
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