CompensationNov 17, 2019

companies with no Cliff

Hi all, most of the companies have outdated old rules wherein someone who joins, waits for 1 year before the stocks starts vesting yearly or 6-montly. Which companies have changed the polices so that stocks start vesting immediately post joining?

Facebook zvbxxnm Nov 17, 2019

No cliff here

Google ksjc Nov 17, 2019

No cliff at Google starting with 2018 new hires.

US Navy fps_doug Nov 17, 2019

Someone said the other day that RSUs changing for new employees starting next year is this true? Like you don't get it in the first year or something

Google cloudy sky Nov 17, 2019

Not sure about that. They changed like a year or so ago so you don’t get a refresher the first year.

LinkedIn kahom Nov 17, 2019

1-year cliff at Linkedin, then vests every quarter. No cliff for refreshes if you are lucky to have them.

Qualcomm qcomSam Nov 18, 2019

Lol, that lucky part is soo true 😂

Braintree msQo83 Nov 17, 2019

No cliff at PayPal that I am aware of.

Sizmek Ba74!-?- Nov 17, 2019

Snap

Uber YgYJ30 Nov 17, 2019

1 yr cliff and then vests monthly

LinkedIn TfAO31 Nov 17, 2019

Who actually cares about cliffs though? Nobody leaves a company within a year so unless you’re strapped for cash, why is this a benefit?

Uber Nov 18, 2019

net present value of money in addition to investing proceeds from stock in diversified portfolio