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> I left Google after three years as an SDE Were you on a 4 year vest schedule for your stock grant at Google? If so, did you leave some money on the table?
by asaph 8y ago
> I left Google after three years as an SDE
Were you on a 4 year vest schedule for your stock grant at Google? If so, did you leave some money on the table?
- johan_larson 8y agoI don't remember, exactly. I think we had a one-year cliff at the time and then quarterly accrual. I definitely took a pay cut when I left, though.
- tonfa 8y agoIsn't it standard that grants are renewed yearly? If so you'll always be "leaving money on the table" (but then if you switch company you'd probably get a new grant, right?)
- hindsightRegret 8y agoAnd a juicy signing bonus. So yeah, it doesn't actually feel like leaving money on the table most times (unless the equity has appreciates 2x plus)
- brandmeyer 8y agoNothing is "standard". I've never talked to a startup that offered an equity refresh like GOOG does.
- chris11 8y agoWhy wouldn't companies offer an equity refresh? I view equity as part of my compensation. So if my compensation dropped after 4 years I'd consider it a paycut and start looking for a new job.
- mtlynch 8y agoGoogle gives equity refreshes once per year, so you always have unvested stock. They try to design comp to avoid situations where your total pay suddenly drops 4 years after your initial offer package fully vests.