Google RSUs also vest monthly (and no longer has a cliff at 1 year, you start venting 1 month after you join) so as far as I can tell it’s exactly equivalent to salary but paid in shares of GOOG rather than dollars. Waiting for vesting shouldn’t keep anyone around for more than 1 month.
>> Google RSUs also vest monthly (and no longer has a cliff at 1 year, you start venting 1 month after you join) so as far as I can tell it’s exactly equivalent to salary but paid in shares of GOOG rather than dollars. Waiting for vesting shouldn’t keep anyone around for more than 1 month.
This all the more reason employees dont "just quit" and join another company. Say they quit and join Amazon -- now they are stuck on a 15/15/30/40 vesting plan and just kicked all their comp into a future year that may or may not arrive. Say they quit and join a typical startup, now they have a 1yr vest.
