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At Apple, they are very generous with refreshers - my initial grant was $105k, and my refresh grant was $125k and I expect at least similar, if not more, for my
by Bahamut 7y ago
At Apple, they are very generous with refreshers - my initial grant was $105k, and my refresh grant was $125k and I expect at least similar, if not more, for my refresher in a couple of months. The only reason my refresh did not exceed my initial grant was because my initial grant climbed almost 40% in value in that time.
- throwaway7443 7y agoCounter-example from Apple: I spent 4 years there getting good performance reviews without a single refresh grant, and left on my 4 year anniversary. Most of my peers claim to have gotten one small refresh grant in that time, but certainly not one every year. Maybe it varies by team.
- Bahamut 7y agoI have been told there is guidance that generally that either management gives a lot of stock or none. It probably does also vary with your role/responsibilities - I am a software engineer in SWE on high visibility/impact work. Apple does definitely does make you earn refreshes - they don't give them for average performance oftentimes is my understanding, there seems to be a lot of stories out there that this is the case.