Can someone explain the LTI component offered by De Shaw in details, what are the clause on it, when it will be fully in our name? Upto when it will be recovered if we leave the company before? Any detailed explanation of 20 Lakhs LTI
What's your TC @ De Shaw. And YOE. Will be negotiating an offer soon so would be helpful
You get it in form of pure cash every year end. You will receive 5 lakhs per year for four years. Consider it as a fixed component you get as part of year end bonus. It is not recovered if you leave.
I got to know for the first time, it's granted after 1.5 years
Not necessarily. If you join in December, you get it in 1 year. Bonuses are given at the end of year and freshman (who generally join in July) have to wait for extra 6 months to get it.