Navigating Your Equity Compensation at Google

Working at Google offers a robust equity compensation package in addition to your salary and cash bonuses. Hear from Commas advisor Katelyn on a rundown of the perks including 401(k), after-tax contributions, RSUs (or GSUs), and health benefits.

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“The Google compensation package is made up of your salary, cash bonus, as well as RSUs, dubbed GSUs by employees. But you also have significant matches in your 401(k) and HSA accounts. The most note worthy thing to mention about your 401(k) is that Google offers 50% match on all your contributions. So in 2024, the contribution limit is $23,000. If you’re maxing out the account, that’s $11,500 contributed into your 401(k) by Google. Another great benefit of the Google 401k plan is that they allow After-tax contributions. Not only can you get in the $23,000 contribution either pre-tax or Roth, you also get the employer match of $11,500 and then you can get up to $34,500 into the After-tax bucket, which can be used for Mega back door roth contributions.

Another part of your compensation package is RSUs or GSUs. These are awards of company stock which, after the vesting period which is a four-year vesting period, you can then either hold those shares or diversify out of them and deploy them into your plan. Other great benefits at Google include a high deductible health plan which allows you to contribute into an HSA. Google also makes a match into this, as well as long-term disability and life insurance coverage. If you have any questions about any of the benefits offered through Google don’t hesitate to reach out.”