Rakuten gives sign on bonus ?

Dec 21, 2020 27 Comments

Does Rakuten give joining bonus for new joiners ? I was told they don't offer joining bonus and they just give base package and stocks part of TC. Can someone confirm the same ? Also how does their yearly increments looks ?#jobopening #hiring #rakuten @rakuten

comments

Want to comment? LOG IN or SIGN UP
TOP 27 Comments
  • Rakuten
    qweruiop

    Go to company page Rakuten

    qweruiop
    Is this for the US?

    You can ask for sign up bonus and/or relocation. Stock vest every year in increments (not sure about the other comments but you can cash out 100% after 4 years). They give anual refreshers too.

    Rakuten is changing and the company and its culture is getting better. There’re a lot of chronic complainers hating everything around, not sure why. Depending on the company your experience could be awesome or a bit boring or irrelevant.
    Dec 25, 2020 10
    • Rakuten / Ops
      tooQ10

      Go to company page Rakuten Ops

      PRE
      Rakuten
      BIO
      Obligatory: YoE 20, TC 43k. Such is life for us non-SWE office monkeys!
      tooQ10
      @Publicis - as qweruiop mentions, the stock hasn't gone up much at all over the years; it is worth about the same as it was in the mid-2000s. The dividend is also very small; less than 0.5% per year.
      Dec 27, 2020
    • OP
      @qweruiop could you please tell me how much is the deduction from each pay cheque for medical insurance? Trying to calculate how much will be in hand.
      Jan 6, 2021
  • Whatever they give you, it is so little that is is inconsequential. Avoid if possible. Asakai anyone?...
    Dec 21, 2020 3
  • Rakuten / Ops
    tooQ10

    Go to company page Rakuten Ops

    PRE
    Rakuten
    BIO
    Obligatory: YoE 20, TC 43k. Such is life for us non-SWE office monkeys!
    tooQ10
    I didn't get one back in the day. And stock is dependent on performance; it isn't guaranteed.

    Also, you need to accumulate 100 shares' worth of stock options before a block of them is granted, and once it is granted it takes four years to vest. (Shorter if you have multiple blocks.)

    So the whole stock thing feels like something of a scam, unless you know you're going to be with the company for many years.
    Dec 23, 2020 2
  • Rakuten
    sswas18

    Go to company page Rakuten

    sswas18
    I was a Rakutenians and I will tell you the truth. First year was okayish, second year..not so much, getting worst from there. You will realize you are there to "maintain" and the culture of Japanese corporation is quite difficult to change. Never change big, only do small change which means only maintain what they have to prevent big catastrophy issue..especially in ecommerce market, they seem to lose more market and always focus on money..
    Dec 29, 2020 0
  • OP
    Interviews are going on. Will share once I get all the details. Posted this question to know more details.
    Dec 23, 2020 0