3 ms·

> - Some FAANGs have a 1 year cliff. Some do not (eg Google, FB). ?? I joined Google in 2014 and had a 1 year cliff. Have they removed it now?

• cletus 7y ago
  Yes. As of -2 years ago.
  • estebarb 7y ago
    What you mean with 1year cliff?
    • Itaxpica 7y ago
      It means that your normal vest schedule doesn’t start for one year, so if your initial stock grant vests quarterly, none vests at all for the first year and then 25% vests all at once after year one, then the other 75% of it vests quarterly over the following three years. Essentially it’s a small, localized version of golden handcuffs for the rank-and-fils, since it means if you leave the company within the first year you get no stock.