Lyft
Software Engineer
Average Compensation by Level
| Level Name | Total | Base | Stock (/yr) | Bonus |
|---|---|---|---|---|
Software Engineer (Entry Level) | $223k | $136k | $68k | $18k |
$290k | $167k | $119k | $2k | |
$384k | $195k | $187k | $1k | |
Staff Engineer | $481k | $220k | $260k | $--k |
Latest Salary Submissions
| Company Location | Date | Level Name Tag | Years of Experience Years at Company / Years of Experience | Total Compensation Base | Stock | Bonus |
|---|
Vesting Schedule
25%
25%
25%
25%
YR 1
YR 2
YR 3
YR 4
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 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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