Lyft
Work Here? Claim Your CompanyLyft Software Engineer Salaries
Software Engineer compensation in United States at Lyft ranges from $196K per year for T3 to $761K per year for T7. The median yearly compensation in United States package totals $245K. View the base salary, stock, and bonus breakdowns for Lyft's total compensation packages. Last updated: 12/3/2024
Average Compensation By Level
Level Name | Total | Base | Stock (/yr) | Bonus |
|---|---|---|---|---|
T3Software Engineer(Entry Level) | $196K | $136K | $54.7K | $5.1K |
T4 | $238K | $160K | $75.4K | $2.2K |
T5 | $301K | $195K | $105K | $238 |
T6Staff Engineer | $490K | $237K | $254K | $0 |
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Vesting Schedule
100%
YR 1
Stock Type
RSU
At Lyft, 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, 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.
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