Does promos at FB affect your existing refreshers?
Dec 4, 2020
3 Comments
I wanted to understand how promos at Facebook works. If someone goes from E5 to E6, does anything changes aside from base salary and future refreshers?
In other words, does your initial RSU grant and refreshers stay the same, or are they upped by a formulatic %?
And what if you get an E6 promo in August, is your next year refresher valued in-between E5/E6 refresher (as you were not an E6 the full year), or simply E6 right away?
#facebook #facebookpromotion #e6
comments
Refreshers are backwards looking for the previous two halves and partially forward looking based on promo. It has 3 parts, H1, H2 and level post H2. You get a weighted average of those 3, don’t remember the weights for each part.
So yes, your refresher will be more than others at the level you just were at.
Refreshers are only given after H2. If you’re promoted mid year, you’ll have 3 parts to the formula, 1 L, and 2 L+1. I don’t remember the formula but once you’re internal you can find it in our open compensation group.
Your previous equity grant(s) don’t change.