there are two RSU components in Walmart's offer letter one is "RSU" and another is "new hire RSU". The below information is related to the "new hire RSU" mentioned in the offer letter. it says "New Hire equity award in the form of restricted stock units (or RSUs). The New Hire equity award is generally granted in the quarter following your date of hire upon the approval of the Committee (as defined in the Stock Incentive Plan) or its duly authorized delegate." What does this mean? does it mean the candidate will get part of it and that to subject to approval? can anyone working for Walmart help me with it? #walmart #compensation #rsu #newhireEquity @walmart
Ask your recruiter, they most likely get that question often from candidates
honestly, when I asked her she also got confused and after some time she said you will get it but she dint sound confident at all
Ask recruiter to find out maybe? Sounds really weird that recruiter makes an offer they can’t explain
The board has to officially sign it as a formality.
is it normal for all the companies?
Yes, it is the process followed by companies and is completely normal.
What is your new tc at walmart bcoz i am also expecting an offer. Please DM me if you can’t put it here.
whats your position ?
Senior software eng
What is your tc breakdown?
Everyone I know got that. I don't think any special approval is required. Source : I worked at Walmart
thanks @coniz
@coinz i updated question can you confirm differnece between rsu and new hire rsu