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> Also, if you work for FAANG, you get RSUs which don't vest until some time, but do count towards total compensation before then. I think the most common vest
by helen___keller 5y ago
> Also, if you work for FAANG, you get RSUs which don't vest until some time, but do count towards total compensation before then.
I think the most common vesting cliff is 1 year, which isn't really that long so it's reasonable to count towards total compensation.
It gets fuzzier if the vesting schedule is backloaded (amazon is notorious for this: something like 5% vesting after the first year, and then high turnover as the kicker), but from my understanding you'll often see signing bonuses to make up for this.
- res0nat0r 5y agoMost places I've seen use a 4 year vesting schedule, andd 50% of the RSU's vest in the last two years. So you get maybe 10-15% of your RSU's year one, 20% more the next year, then the rest in the last two years. This forces people to stick with the company likely longer than they would normally would.
- seattle_spring 5y agoYour experience is a complete outlier. The only company that really does that is Amazon. All others in FAANG are 25% per year, paid either monthly or quarterly. Most have even removed the 1 year cliff, meaning you might be vesting stock 30 days in.
- mercutio2 5y agoThis is not common. I’ve only ever heard of Amazon doing this. Everywhere else I’ve ever worked or had friends work it’s linear.
- dang 5y agoSorry for the offtopicness but could you please email hn@ycombinator.com? I want to send you a repost invite.
- mercutio2 5y agoI attempted to do this, but Google returned all three (gradually more wordy) messages I attempted to email you.
- dang 5y agoYikes—that's extremely weird! On what grounds did they do that? It looks like there's an email address in your profile now, so I'll try sending a repost invite that way.
- dlp211 5y agoAs others have pointed out, I don't know any company outside of Amazon that does this. Complete outlier IMO.