3 ms·

What do you mean by this?

• milesskorpen 5y ago
  When you join a company you typically get a larger than normal RSU grant that vests over 4 years. Every year you get new, typically smaller, grants. The compound effect is that your compensation will decrease in year 5, when your initial grant expires. For example, using my company with relative numbers: Initial grant: $200 Refresher grants: $100 Y1 = $50 = $50 total RSU compensation Y2 = $50 + $25 = $75 Y3 = $50 + $25 + $25 = $100 Y4 = $50 + $25 + $25 + $25 = $125 Y5 = $00 + $25 + $25 + $25 + $25 = $100 < DECREASE This can be compounded if your company's valuation has increased substantially in this period. The difference between initial and refresher can also be significantly larger than 2x To stick at the $125/year and not see a drop in compensation, you'd want to be getting larger refresher grants which typically require promotions.
  • keehun 5y ago
    Makes sense!
• rr808 5y ago
  Its common in all firms (not just IT) that companies expect you to either get promoted or move on to another job. If you're doing the same thing after 5 years you're probably not a star employee and some firms will actively try to get rid of you. I honestly like working 5+ years on one project so kinda resent being told I'm not great, but that's what it is. https://thedailywtf.com/articles/Up-or-Out-Solving-the-IT-Turnover-Crisis https://thedailywtf.com/articles/Up-or-Out-Solving-the-IT-Tu...