CompensationNov 14, 2019
Ubersvu

is 10/20/30/40 vesting schedule common?

i know amazon and snapchat do it. but the company im talking to took a step further.. the vesting only happens at the end of each year, so if I leave at the 47th month, I’d get only 60% rather than ~100%.. would you even consider this offer? they let me trade equity for base as much as I wish, so maybe i’d just take an all cash, or almost all cash offer?

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Uber roflfor Nov 14, 2019

Snapchat is 1/48 every month from first month now afaik. What’s the company?

Snapchat TCobsessed Nov 14, 2019

Came to say this. And vest starts pretty much after your first month, no 1 year cliff for vesting

Wayfair BScK77 Nov 14, 2019

It seems uncommon. In fact, anecdotal evidence from here is that Google is going the other way with a 40/28/20/12 schedule for some offers.

Google mTFf70 Nov 14, 2019

Is this real? Haha not that I know of

Wayfair BScK77 Nov 14, 2019

Definitely is real. That's how my own offer vested and a couple other posters here have said the same. My cynical interpretation is that they do it to pump up Y1 TC to make the offer look better. It's also not a bad thing to get the equity up front. The downside is that even with refresher, it means four years of declining TC unless stock really outperforms.

Infosys BRY47 Nov 14, 2019

All cash offer is a no-brainer if they offer it. A stock in Snap is a stock in Snap. But cash could be any stock, it could even be a stock in Snap.

Salesforce peaceguy Nov 14, 2019

It's not same. With stocks , u are offered all at the start but u get the last chunk after 4 years. So that can have a good potential to double or triple. But will money, u can't buy 4 years of stocks at a time

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AmazonEng Nov 14, 2019

No Amazon is even more cruel. 5/15/40/40

Qualtrics Jiggly🍑 Nov 14, 2019

Two year sign-on evens it out for the first two years though right? Or at least makes up for the lower vest percentage

Amazon azmix Nov 14, 2019

You get loaded with cash for the first two years. Who cares about RSUs.