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They do have a max salary limit. When you first join, before your stock vests they give you an extra hire on bonus. This has clawback restrictions, something li
by NotSammyHagar 6y ago
They do have a max salary limit. When you first join, before your stock vests they give you an extra hire on bonus. This has clawback restrictions, something like you lose a quarter of it when you leave before 2 years (someone current there will know the rules better). So if you were going to make lets say 200k a year you'd get that extra 40k divided into 4 quarterly parts to equal it out. Then after you start getting stock this 'extra' goes away. I had an offer like this a few years ago, but I don't recall the exact details of clawback.
It's still kind of amazing that so many people go there, I guess it's that great big top line number when you add in stock. I know so many people who left there before 2 years, cause they hated it so much. What are the places that don't suck there?
- scarface74 6y agoYour sign on bonus is paid monthly over two years. The first year you get paid more of it since you only get 5% of your RSUs, the second year you get paid less since you get 15% of your stock vest. There is no clawback - I checked my paperwork. I think one of my friends told me that he did get part of his bonus when he was first hired. In that case there would probably be a clawback.
- discodave 6y agoWhen I was hired as an SDE I in 2014 the first year of the sign on bonus was paid upfront, so there was a clawback. A friend hired as an SDE II at the same time had a higher sign on bonus, not paid as a lump sum, so no clawback.