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In about a 18 months I will hit a vesting cliff for my RSU’s that will cause my total pay to decline by ~25% unless a) I’m awarded a lot more stock or b) stock price goes crazy and we do another 50-100% (unlikely at current prices).
What usually happens? Do they grant you more or just let your TC decline? I’m an individual contributor. |
| New RSU grants aren't up to you, but rather your employer. Depends on your compensation plan. Most of the time, you'll get a new grant as you approach the cliff. Right now, you're 18 months out, so sometime next year you'll hopefully get a new grant. |
| New rsus rarely cover the cliff. Hence job hopping every 4 years. In this climate job hopping is not really an option |
| We get RSUs awarded each performance cycle. The way things have been going, I expect new awards to at a minimum bridge the gap between total comp now and total comp post-cliff. |
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At my FAANG, new RSUs every year should at least bridge the cliff (before appreciation) if you are "meeting expectations" and greatly surpass the cliff if you are exceeding expectations / on track for advancement.
If it doesn't, many take it as a signal that they should start looking elsewhere. If times are bad these people are the first to be laid off. |
| It cycles for us, after your contract is up after 4 years they grant them yearly. We don't touch them, use them as savings and just live off pay so it's never an issue. |