Curious if you don’t mind sharing, did this candidate have crazy comp due to Twitter RSUs before the implosion? And if so, are you all roughly matching that, or they’re settling for less?
Not particularly crazy. Doesn’t seem like the Total Compensation for this person will change dramatically, although it’s worth nothing that different companies have different philosophies on how the package is structured.
What’s salary, what’s a performance-based annual bonus in cash, what’s equity-based compensation and within that what’s granted upfront and what’s performance-based and granted annually, what’s the signing bonus, etc. Vesting schedules also can differ somewhat dramatically (the Amazon offers as one example are very backloaded), some companies have a history of pricing in assumed growth in equities, there are lots of moving parts (some of which are employee-favorable, like pricing on-hire awards on a Trailing 50d Average; some of which are more employer-favorable like assuming 15% annual appreciation in equity price).
Amazons assumed appreciation scheme is blasphemy IMO - are there even any other companies that do that?
Recently lots of companies have moved to quarterly vesting which is very employee friendly
I’m guessing you’re a startup meaning illiquid options - high risk with a tiny chance of a high reward after its all said and done, and the standard 90 day exercise window upon leaving is very employee unfriendly
