Thread regarding Oracle Corp. layoffs

Question About Year 5 Comp and RSU Refresh

For new hires, the minimum total compensation (for example, a $100k base salary + $100k in RSUs) is locked in for the first four years as stated in the offer letter, but that guarantee expires in the fifth year. When I checked the compensation section on my.company.com, it only showed my $100k base salary and didn’t mention RSUs at all.

Can anyone clarify how total compensation works starting in year five? Will the RSU portion remain the same as the amount listed in the original offer letter, or will it be adjusted based on the current market compensation for my job level and performance?


by
| 2122 views | | 6 replies (last November 15) | Reply
Post ID: @OP+1ka1qh4zd

6 replies (most recent on top)

Asking these questions in a forum called The Layoff, sure, perfectly normal, not a BS post at all.

If legit, go to Glassdoor and stop fu--ing around here.

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Post ID: @dg+1ka1qh4zd

Run do not accept this bs offer

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Post ID: @cs+1ka1qh4zd

@by Sounds like the RSUs were a hiring bonus. Rather than give cash, they award RSUs, which need to vest and their value can fluctuate. And if you're riffed you lose all unvested shares.

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Post ID: @cj+1ka1qh4zd

I worked there for 6 years, after the 4th year, it was not topped up. Meaning total compensation went down drastically. They did distribute additional smaller quantities of RSU’s over the 4 years but it doesn’t come close to their initial RSU offer.

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Post ID: @by+1ka1qh4zd

I assume your RSU's vest over a 4 year period. It is possible, though not assured, that you would be awarded a new grant every year, and could have grants overlapping. Or you might not be awarded anything again.

The advantage for O in awarding RSUs is that if they lay you off, anything that is unvested goes poof and is gone. Do not pass Go, do not collect $200.

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Post ID: @b0+1ka1qh4zd

RSU are never assured, so you could get none after the 5th year.

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Post ID: @aa+1ka1qh4zd

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