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Lyft Salaries

Lyft's salary ranges from $46,765 in total compensation per year for a Sales at the low-end to $847,500 for a Software Engineer at the high-end. Levels.fyi collects anonymous and verified salaries from current and former employees of Lyft. Last updated: 2/21/2024

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Software Engineer
T3 $200K
T4 $252K
T5 $311K
T6 $482K
T7 $848K
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Vesting Schedule

100%

YR 1

Stock Type
RSU

At Lyft, Main RSUs are subject to a 1-year vesting schedule:

  • 100% vests in the 1st-year (25.00% quarterly)

Alternatively, Lyft has now begun issuing single year vesting schedules with no cliff. Candidates receive a grant for their first year vesting every 3 months, and upon yearly evaluation receive grants for subsequent years. The pros are protection from the stock price declining, the cons being that you may see limited upside from stock growth.

25%

YR 1

25%

YR 2

25%

YR 3

25%

YR 4

Stock Type
RSU

At Lyft, Main RSUs are subject to a 4-year vesting schedule:

  • 25% vests in the 1st-year (25.00% annually)

  • 25% vests in the 2nd-year (6.25% quarterly)

  • 25% vests in the 3rd-year (6.25% quarterly)

  • 25% vests in the 4th-year (6.25% quarterly)

Alternatively, Lyft has now begun issuing single year vesting schedules with no cliff. Candidates receive a grant for their first year vesting every 3 months, and upon yearly evaluation receive grants for subsequent years. The pros are protection from the stock price declining, the cons being that you may see limited upside from stock growth.

Want to chat with Lyft Employees?

Join the Levels.fyi community to chat with employees at Lyft and other tech companies.

FAQ

The highest paying role reported at Lyft is Software Engineer at the T7 level with a yearly total compensation of $847,500. This includes base salary as well as any potential stock compensation and bonuses.
The median yearly total compensation reported at Lyft is $276,714.

Featured Jobs

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