Received an offer for M2 at Intuit and recruiter mentioned $140k RSU’s that’s granted this year and each year I get another grant thats dependent on performance of myself and company. Their vesting schedule is 4 years (and vesting quarterly). It’s a bit confusing because I never received clarification when I asked if this is $140k over 4 years (140/4=35k per year) or 140k for the first year and each year after is dependent on performance. Can anyone at Intuit clarify?
This is standard practice in Big Tech.
Each grant you get will vest over 4 years, typically getting a chunk of it every quarter (1/16th). This does mean 35k/year for you.
On top of that you get ‘refreshers’ each year based on performance (company + individual). This will also vest over 4 years. So if next year you get 40k refreshers you will get 35k+10k of stock that year. The year after you get another refresher etc. and it compiles.
For m2 your target bonus cash comp is 15% - 20% I believe?
Can you just ask the recruiter? I think in general it would be vested over the 4 years. I would just follow up with your question and try to understand it directly from them since it could be different based on different roles and offers. You want to know specifically what they're offering you
I would assume over the years, not each year. Sounds like a total but the recruiter should be able to clarify.
What is an M2?
It is a .50 caliber machine gun
What role is this for?
M2. Team lead in cyber
Hmm I thought I knew the answer to this but the more I read it the more I can't decide. I would definitely just reach out to the recruiter and ask for clarification.
What was your interview process like ? How many rounds etc
Hello - Recruiter here. An M2 is a senior level manager at Intuit. The $140K in RSUs would be over a period of 4 years so $35K each year.