How do refresher grants work at Meta?

Question

I turned down an offer from Meta for an M2 role because the recruiter and the hiring manager would not tell me how refresher grants worked other than to say you could get them. Anyone from Meta could shed some light on the refresher grant process there?

TC:$510k

YOE: 25

Junggernaut · Accepted Answer

If you declined the offer, why are you now asking why refreshers work? Lol

In any case, refreshers are granted once a year in H2 performance cycle (March) and are based on market refresher grant values by location, role, and level.

Your refresher is calculated using a target number, performance metrics, and pro-rated based on start date

bb7hd4 · Answer

The target refresher for an M2 engineering manager at Meta is $480k per year.

Not Happening · Answer

You are also eligible to receive Additional Equity (AE) which is driven by performance as well usually and is often a retention tool for senior ICs and senior people managers

bluelagoon · Answer

I have to say that it's a pretty stupid thing to do to decline a Meta offer because you don't have details on the refreshers. It's known that in big tech / FAANGs, Meta has arguably the best refreshers. That's backed by my personal experience as M2 at Meta vs other friends working at Google, Amazon, Apple. Refreshers are awarded every year per a set of criteria that Junggernaut explained - they can't tell you contractually, because theoretically these criteria are subject to change. In 2023 for M2 bb7hd4's answer is correct: $480K vesting over 4 years quarterly.

I'd encourage you to reflect again on your decision and if you feel you took the wrong one to go back and try to accept the offer.

How do refresher grants work at Meta?

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