I have an offer from workday. TC breakdown is listed below — Base - 217k RSU - 275k/4 yrs. Each year ~$69k. Bonus - 10% of base. Sign on - $65k. Yoe - 15 yrs Recruiter says there is RSU refresh b/w 50-70%. Blinders, help me understand — is the refresh given every year after joining or it’s only after 4 years when all your initial RSU grants are vested?
Every year
Thanks for your response. So in year 2023 I will have 69k vested and in 2024 It will be 69k+35k(keeping @50%) and 2025 it’s 69+35+35k approx and so on. Please also help me understand on avg how much would be the refresh for a decent to good performer ? Is it minimum 50%
You got that right . It’s normally between 40% to 60% depending on performance and various other factors