DancingMochi
DancingMochi

Do stocks get refreshed after the initial award?

Hey guys, I have an offer from PayPal and the offer has a 3 year stock component to it. Offer details:

Base: 29 LPA Stock: $40,000 over 3 years Current comp: 24 base, no stock.

I wanted to know what happens after 3 years? Do my stocks get refreshed? (Additional $40,000?) or do I just get the base pay after that point?

Profile: Machine Learning Engineer with 2.5 YoE.

4mo ago
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TwirlyTaco
TwirlyTaco

they will give you additional stocks every year which will vest 1/3 every year!

DancingMochi
DancingMochi

Thank you! Any idea what range these stocks will be in compared to the original grant?

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FAANG
by WobblyCupcakeGoogle

Offer Evaluation

Received an Offer from Microsoft Level: L62 Base 42LPA Stocks 125k USD for 4 years Joining Bonus: 12L + 4L Bonus: ~10% of base

Current Employer: Google Level: L4 Base: 32LPA Unvested Stocks: 75k USD for 4 years Bonus: 15% of base

Ques...

FAANG
FAANG10mo
by FuzzyPretzelZepto

Net worths target and goals by age...

What are your net worth targets and goals by age? Here's mine:

25: 10L ✅ 30: 50L ✅ 35: 1.5 Cr 🟡 40: 3 Cr 🟡

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user

Goal: 25: 2L ❌ 30: 30L ✅ 35: 50L 🟡 (had a baby) 40: 1 Cr 🟡