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How many stocks does Microsoft India give for each promotion/level jump?
When it comes to stock awards and refreshers at Microsoft India, here are some key points to consider:
Initial Stock Awards
- For new hires, Microsoft typically grants an initial stock award in the form of Restricted Stock Units (RSUs) that vest over a 4-year period, with 25% vesting each year34.
Stock Award Values by Level
- The value of these initial stock awards varies by level. For example:
Annual Stock Refreshers
- Microsoft is known for providing relatively small annual stock refreshers compared to other tech companies. These refreshers typically vest over a 5-year period, unlike the industry standard of 4 years24.
- The exact values of these refreshers are not included in the initial offer letter and can be difficult to evaluate, but they are generally lower than what other companies offer24.
Example Values
- For a level 66 position, an initial offer might include a significant stock grant (e.g., ₹3 million or around $36,000 USD), but the annual refreshers would be smaller. For instance, a level 66 might see annual refreshers in the range of ₹650,000 to ₹1 million (approximately $8,000 to $12,000 USD), though these figures can vary widely based on performance and negotiations13.
In summary, while the exact number of stocks is not provided directly, the value of the stock awards and refreshers can be estimated based on the level and the overall compensation package. However, the specific number of shares would depend on the stock price at the time of grant.