For example, one recent offer from a big tech company was for a 6 month vesting schedule with no cliff. Most are switching to quarterly vesting schedules with no cliffs.
For example, one recent offer from a big tech company was for a 6 month vesting schedule with no cliff. Most are switching to quarterly vesting schedules with no cliffs.
I wonder if they'll bake the bonus in. Getting those $100k signing bonuses are pretty nice, especially since some companies give 25% or 50% before you start, which allows you to do a trip. Plus $100k added into a 4 year vesting schedule is a pretty large opportunity cost (assuming you could grow at 7% a year, which is admittedly aggressive, is leaving ~$30k on the table).
One, monthly vesting is strictly better than less frequent vesting. So once one firm (think it was Facebook?) started offering it everyone else in the same pay scale had to, to compete.
Two, the cliffs made it optimal for people to leave right afer the cliff, then take the signing bonus at another company. Removing the cliffs makes it so there is never an “optimal” time to leave