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Software Engineer

Average Compensation by Level

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Level NameTotalBaseStock (/yr)Bonus

T3

Software Engineer

(Entry Level)

$218k

$137k

$66k

$14k

T4

$303k

$169k

$123k

$11k

T5

$385k

$194k

$188k

$2k

T6

Staff Engineer

$494k

$221k

$273k

$--k

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Latest Salary Submissions
Company
Location | Date
Level Name
Tag
Years of Experience
Years at Company / Years of Experience
Total Comp
Base | Stock | Bonus
Vesting Schedule

25%

25%

25%

25%

YR 1

YR 2

YR 3

YR 4

100%

YR 1

Stock Type

RSU

At Lyft, RSUs are subject to a 4-year vesting schedule: 25% vests at the end of the 1st year (cliff), then 25% in each of the 2nd, 3rd and 4th years (6.25% every 3 months). Alternatively, Lyft also has the following 1-year vesting schedule: 100% vests in each year (25% every 3 months).

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.


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