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What's the typical vesting schedule? The companies I spoke you would get the equity after four years. Not even a part each year. The offered 0.00[0]5 equity is
by wdb 6y ago
What's the typical vesting schedule? The companies I spoke you would get the equity after four years. Not even a part each year. The offered 0.00[0]5 equity is not great.
I think the packages in US are just much better compared to UK/Europe or maybe they just gave me shitty deals. My offer at one of the FAANG in UK was £85k + 50 stock + discretionary bonus (they didn't give details).
- bradleyjg 6y agoFor a FB offer in the US I saw but ended up not taking the RSUs started vesting in the first month. I treated that part of the offer as cash equivalent but with an uncertainty factor (could be more, could be less but wasn’t going to be nothing.)
- ummonk 6y agoMonthly or quarterly vesting is standard across the industry. FB and Google start vesting within a few months and large companies are switching to this norm although large startups till tend to have 1 year cliffs. You get liquidity though from signing bonus (which is paid immediately after joining but you have to pay back prorated if you leave in the 1st year). The one exception is Amazon which is notorious for its backloaded vesting schedule.