4 ms·
depends, for a public company like google when you get hired in addition to base salary you may get a yearly bonus and also RSUs which are free google shares, d
by subsubzero 5y ago
depends, for a public company like google when you get hired in addition to base salary you may get a yearly bonus and also RSUs which are free google shares, dispersed evenly over 4 years. When you get to year 1 at the company you get the first years shares(1 year vested) deposited in your brokerage account, and then they "vest" and are given to you on a quarterly cadence until the 4 years are up(if you are employed the entire time).
In addition to the initial grant at year 2 during your review some employees get more shares on top of the initial grant(that vest over a certain time frame, usually 2-4 years), these are called stacking RSU grants and its why people stay at FANG companies a long time as these grants stack higher and higher all the while your career progresses and the company stock goes higher.