A question regarding RSU Grants: Does anyone know if the RSU grant will happen this fall after the LR takes place? I am really not sure if this is the right place for asking, but I have nowhere else to go. Also, do we know if we get more now there be fewer people? Would HR be able to answer this question (imagine the shock after me asking them: OK, after you lay off x number of people, are we going to get larger RSU Grants as there is less people to receive them?) -
6 replies (most recent on top)
RSUs should be the least of your worries. Get off of that toxic train called Cisco as soon as you can. I left 9 months ago and should have done it WAY sooner!!!
Traditionally there have been two equity rounds per year, May and November. This is for pay rises and RSUs and, separately, for promotions.
However, there was an unsubstantiated rumour that this would be reduced to one per year and that last November's would be the last fall round.
As I said, unsubstantiated but, given the direction of travel...
What's an RSU?
RSU (the Spring "discretionary" ones) have just been done a couple of weeks back.
I think RSU allocations are happening this Q possibly because year end bonus is not guaranteed so retention would be a challenge.
I understand why you might be worried. Didn't Chambers make his finance team work thru the weekend once to LR a group of folks days before they would capture their RSUs while he and his ELT went white water rafting?