4 ms·

I heard FB starts vesting monthly right away these days, which imo is absolutely the way it should be. Google, take notice.

mattzito 8y ago
Google is also doing this now, fwiw.
- throwaway84742 8y ago
  Didn’t know. Then, Microsoft, take notice. :-)
  - freeone3000 8y ago
    Microsoft starts vesting immediately at 20% every 6 months. Amazon, take note.
    - throwaway84742 8y ago
      Are you sure? This means the whole grant vests in 2.5 years. Their vesting period used to be much longer than that.
      - freeone3000 8y ago
        checking myrewards, some are on the 20% schedule every 6 months (for 2.5 year for full vest) and some are on the 10% schedule (for 5 year for full vest), and some are on a 5% schedule every 3 months (for 5 year for full vest).
  - pc86 8y ago
    Perhaps it would be better to actually have knowledge about the topics on which you're commenting?
    - throwaway84742 8y ago
      All of this is _very_ recent.
tsycho 8y ago
Google has done this for at least 6 years now, I don't know when they started doing this. Source: Spouse works at Google
- joshuamorton 8y ago
  No they haven't. There's always been an initial 1 year cliff. This changed in the past year. Source: I joined google less than 6 years ago and had a 1 year cliff.
  - tsycho 8y ago
    Hmm, maybe different people have different contracts. In our case, the 1 yr cliff was about the signing bonus, not the vesting.
    - joshuamorton 8y ago
      That's a very unusual deal. Most Google offers were (up until I think August/September 2017) structured as base + target % annual bonus + cash signing bonus with first/second paycheck (which you would need to pay back prorated if you left before a year, but this isn't a cliff) + equity with a 1 year cliff before vesting on a schedule that depended on the exact amount, but varied from annually to monthly. This was true for new grad offers as well as for most experienced hires. I believe I've heard of different structures for cases where Google was doing essentially an equity buyout, but those were absolutely the exception, not the rule. Are you sure you are remembering correctly?

mattzito 8y ago

Google is also doing this now, fwiw.

throwaway84742 8y ago
Didn’t know. Then, Microsoft, take notice. :-)
- freeone3000 8y ago
  Microsoft starts vesting immediately at 20% every 6 months. Amazon, take note.
  - throwaway84742 8y ago
    Are you sure? This means the whole grant vests in 2.5 years. Their vesting period used to be much longer than that.
    - freeone3000 8y ago
      checking myrewards, some are on the 20% schedule every 6 months (for 2.5 year for full vest) and some are on the 10% schedule (for 5 year for full vest), and some are on a 5% schedule every 3 months (for 5 year for full vest).
- pc86 8y ago
  Perhaps it would be better to actually have knowledge about the topics on which you're commenting?
  - throwaway84742 8y ago
    All of this is _very_ recent.

tsycho 8y ago

Google has done this for at least 6 years now, I don't know when they started doing this. Source: Spouse works at Google

joshuamorton 8y ago
No they haven't. There's always been an initial 1 year cliff. This changed in the past year. Source: I joined google less than 6 years ago and had a 1 year cliff.
- tsycho 8y ago
  Hmm, maybe different people have different contracts. In our case, the 1 yr cliff was about the signing bonus, not the vesting.
  - joshuamorton 8y ago
    That's a very unusual deal. Most Google offers were (up until I think August/September 2017) structured as base + target % annual bonus + cash signing bonus with first/second paycheck (which you would need to pay back prorated if you left before a year, but this isn't a cliff) + equity with a 1 year cliff before vesting on a schedule that depended on the exact amount, but varied from annually to monthly. This was true for new grad offers as well as for most experienced hires. I believe I've heard of different structures for cases where Google was doing essentially an equity buyout, but those were absolutely the exception, not the rule. Are you sure you are remembering correctly?