As the job market changes, tech companies are starting to shift away from the standard evenly spread 4-year vesting schedule. We're starting to see a lot more novelty around vesting structures across the industry. There are longer tenured schedules, front-loaded schedules, back-loaded schedules, shorter schedules down to 2 year and even 1 year new hire grants, and many other variations in-between. Below is just a sample of the different schedules we're starting to see. There's many more companies trying out different structures, but this gives you an idea of how rapidly things are shifting beneath our feet. We wrote a bit about the different types of vesting schedules we're seeing here: https://lnkd.in/gd2JDxuP If this type of insight is interesting for your HR or compensation team, Levels.fyi is the first to capture these new changes in the market and make it available via our benchmark and competitive intelligence tools: https://lnkd.in/gC4EGrB7 I also previously covered the more common front-loaded schedule here: https://lnkd.in/gP7-Pj55 #vestingschedule #vesting #stockgrant #salarytransparency
That's a superb graphic. Do you have insights into how refreshers compare across tech, and how those might have been impacted over the past few years?
I wonder if this correlates with how long employees stay at companies. - Mercury: 1.8 years - Google: 4.5 years - Uber: 3.3 years - Amazon: 2.8 years - Coupang: 2.8 years - Bytedance: 3.3 years - Pinterest: 2.2 years - Doordash: 2.5 years - Rivian: 2.3 years - Verily: 2.8 years - Visa: 4.5 years - Stripe: 2.3 years Source: median tenure from LinkedIn Insights
I’m curious about retention at companies with 2 year vesting schedules. Also offer close rates. Both seem like they’ll be impacted to some extent.
Oof Amazon's reverse cliff is ROUGH
Weirdest I’ve ever seen was: - 1 year: 0% - 2 years: 50% - 3 years: 0% - 4 years: 50%
interesting trend. companies are getting creative with vesting schedules. it's crucial to stay updated on industry shifts.
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