3 ms·
Googler here. dabfiend19 is correct, around ~2019 I believe new L3 hires were switched to this new grant schedule. Prior to that, it was based on a fixed number
by ericjang 5y ago
Googler here. dabfiend19 is correct, around ~2019 I believe new L3 hires were switched to this new grant schedule. Prior to that, it was based on a fixed number of shares.
- deleted 5y ago[deleted]
- joshuamorton 5y agoFwiw, I asked around and couldn't find a hire where this was the case. The schedules are different but the conversion to shares happens once just after your are hired. This is a bit of a change from e.x. when I was hired and my offer letter said N shares, and so when I joined 6 months later my grant had increased in value significantly. But it's still not the situation in these other companies, where you vest 6.25% of the dollar value each quarter, converted to shares or whatever. Actually that wouldn't really be compatible with googles vesting schedule, now that I think about it.