Software Engineer compensation in Canada at Lyft ranges from CA$164K per year for T4 to CA$241K per year for T5. The median compensation in Canada package totals CA$159K. View the base salary, stock, and bonus breakdowns for Lyft's total compensation packages. Last updated: 9/8/2024
Level Name | Total | Base | Stock (/yr) | Bonus |
---|---|---|---|---|
T3Software Engineer(Entry Level) | CA$ -- | CA$ -- | CA$ -- | CA$ -- |
T4 | CA$164K | CA$124K | CA$39.8K | CA$0 |
T5 | CA$241K | CA$151K | CA$85.8K | CA$4.1K |
T6Staff Engineer | CA$ -- | CA$ -- | CA$ -- | CA$ -- |
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Company Location | Date | Level Name Tag | Years of Experience Total / At Company | Total Compensation (CAD) Base | Stock (yr) | Bonus |
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100%
YR 1
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
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.