Hacker News Reader

Comment by joshuamorton | Hacker News Reader

There are no companies where refreshers exceed or match the initial grant.

At Google, they're between 25 and 50%, depending on a lot of stuff. My initial grant was ~150k, my first refresher was ~40k, and it's a wash if my 4th year refresh will match my first year, that will likely come down to if I make L5 or not.

View on HN

At Apple, they are very generous with refreshers - my initial grant was $105k, and my refresh grant was $125k and I expect at least similar, if not more, for my refresher in a couple of months. The only reason my refresh did not exceed my initial grant was because my initial grant climbed almost 40% in value in that time.

Counter-example from Apple: I spent 4 years there getting good performance reviews without a single refresh grant, and left on my 4 year anniversary. Most of my peers claim to have gotten one small refresh grant in that time, but certainly not one every year. Maybe it varies by team.

I have been told there is guidance that generally that either management gives a lot of stock or none.

It probably does also vary with your role/responsibilities - I am a software engineer in SWE on high visibility/impact work. Apple does definitely does make you earn refreshes - they don't give them for average performance oftentimes is my understanding, there seems to be a lot of stories out there that this is the case.

I’ve received refreshes larger than my initial grant, so there is at least one company that does it.

Reply on news.ycombinator.com