If my equity offer is (for example) 200k over 4 years.

Considering the 33-33-22-12 vesting schedule. Does this mean I’ll paid less in Y3 and Y4 (TC)? Do people leave in Y3 or does Google offset this loss of income?

Y1: 66k
Y2: 66k
Y3: 44k
Y4: 22k

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Posting as :
works at
You are currently posting as works at

You get annual refresh awards, so typically as these ‘stack’ it will offset the step down from your new hire award in Y3 and Y4

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Recruiting certainly sells it that your tc will increase each year as refreshers come on and initial grant decreases. There’s even a little illustrative bar chart they send in the (informal) offer email.

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OP, did you receive an offer? If yes, what’s the role and offer details?

Refresh won’t ever come close to initial grant, best I’ve seen it comes to 25% of initial.

The typical refresh grant is between 1/2 and 1/4 of initial grant. Dependent on performance, size of initial, location, etc

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Most people will need to wait 2 years for equity refresh, so it only starts adding in Y3.

Don't forget to take into account stock appreciation. Minus the last 11 months - the stock has steadily gone up

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