Levels.fyi Community
EvaΒ inΒ Β 
Data AnalystΒ a year ago

Snap's New Hire RSUs and Sign-On RSUs

Snap is now offering different types of RSU grants: New Hire RSUs, Sign-On RSUs, and sometimes also Quick Vest RSUs.


The quick vest RSUs vest after six months, but the New Hire and Sign-on grants have the same 36 months vesting schedule. So what's the difference between these two?

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kfcComputer ScienceΒ a year ago
I was confused about this for the longest time. I thought why not just do a larger grant with a different vesting schedule. The supposed reason for the separation of New Hire RSUs and Sign-on RSUs is that it affects the mid point of the RSU grant for offers within a level and instead of making an out of band offer which increases the midpoint, they add on a Sign-on RSU which doesn't affect future salaries Very clever Snap, very clever
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