We believe that we have hired the most brilliant team, and are so excited to have you on the journey with us. Having equity means you have part-ownership of Sequence, so participate meaningfully in the long-term success (and of course, value) of what we’re creating.
We allocate equity using a detailed and transparent model as part of our compensation package. You will be sent your equity model during the offer stage— but let your Line Manager or the People team know if you need it re-shared with you.
All option grants will be issued in £GBP, as Sequence is incorporated in the UK, this is the base currency of the shares that are issued.
💰 We allocate equity as part of our compensation package to new permanent employees, whether you are full or part time.
📃 We will issue you with a contract which outlines the terms of your share options once you join us.
📈 The value of your equity grant follows a transparent Equity model we’ve created. Each job offer contains an individualised Equity Model which you can use to track the status and vesting schedule of your share options. Reach out to the People team if you need your Equity sheet shared with you again.
⚖️ All employees at Sequence receive equity in line with this model to ensure fairness. Our model calculates an initial grant as a function of salary, level and role.
Value of Share Option initial grant = Pay (team member’s annual salary) * Job & Role Level Multiplier
| Job Level | Tech | Growth | Bus Ops |
|---|---|---|---|
| IC1 | 10% | 5% | 5% |
| IC2 | 20% | 10% | 10% |
| E3 | 40% | 20% | 20% |
| E4 | 80% | 40% | 40% |
| E5 | 120% | 120% | 120% |
| E6 | 200% | 200% | 200% |
| L3 | 40% | 20% | 20% |
| L4 | 80% | 40% | 40% |
| L5 | 150% | 150% | 150% |
| L6 | 300% | 300% | 300% |
You will be sent an invite to manage your share options and related documentation in ‣. When creating your account, it’s super important to create it with your full, legal name.