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The article seems to intentionally obscure whether the previous vesting period was quarterly or not. My cynical read of this is that they are changing the vest
by bentlegen 5y ago
The article seems to intentionally obscure whether the previous vesting period was quarterly or not.
My cynical read of this is that they are changing the vesting schedule to quarterly (instead of monthly, which is more typical), and burying the lede on that by painting this as a benefit to employees (when it really only impacts new employees).
Does anyone know if this is true or not?
- piercebot 5y agoTypically, there's a "cliff" after the first year, at which point it switches to quarterly. So you get nothing the first three quarters, but after quarter 4 (your first year at the company), 25% of your 4-year grant is immediately vested. Every quarter after that is another 6.25% of your initial grant. I believe the point they were trying to make in the article is that, instead of quarterly grants following the pattern of: [0%, 0%, 0%, 25%, 6.25%, 6.25%, ...] It would instead follow the pattern: [6.25%, 6.25%, 6.25%, 6.25%, 6.25%, ...] ```
- deleted 5y ago[deleted]
- fshbbdssbbgdd 5y agoI’ve seen quarterly vesting much more often than monthly in offers from several different companies over the years.
- mynameisvlad 5y ago> instead of monthly, which is more typical Is it? Almost all my and my friends' RSUs have been quarterly, with a typically 1 year cliff as described in the article.
- bentlegen 5y agoMaybe this is new, but in my 15 year career working for startups, I've only ever had monthly vesting.
- djrogers 5y agoOdd, 21 years of startups here and have only ever seen annual or quarterly vests until my current role (which I just started).
- bentlegen 5y agoAnecdotally, looks like I've had the outlier experience, I suppose.
- hkarthik 5y agoI've had both monthly and quarterly vesting at both startups and big companies. No rhyme or reason for why either one since the companies were in different sectors/segments. Probably just an accounting quirk.