Senior Revolut Engineers in London Cash in on Stock Compensation Ahead of $500M Share Sale
Senior engineers at Revolut, particularly ones in London, will benefit the most from the company’s stock-based compensation system as the firm gears up for a potential $500 million secondary share sale.
Engineers with over 11 years of experience in London receive nearly half of their total compensation in stock options, according to data from Levels.fyi. On average, these senior engineers earn $156,953 annually, with $76,667 of that coming from stock pay. Over half of engineers at this level receive stock compensation, positioning them to gain significantly if the share sale moves forward.
Revolut Senior Engineer Compensation Breakdown
| Experience (Years) | Total Compensation (London) | Stock Compensation (London) | % Receiving Stock Compensation |
|---|---|---|---|
| 11+ | $156,953 | $76,667 | 54.2% |
Source: Levels.fyi. Created with Datawrapper
The data highlights that senior engineers in London enjoy stock options making up nearly 50% of their total compensation. For engineers with over a decade of experience, stock options play a crucial role in their overall pay, with 54.2% of them receiving stock. This contrasts with lower-level engineers, who often do not see such a significant proportion of stock in their compensation.
Stock Compensation Disparities Across Roles
Despite the generous stock payouts for senior engineers, discrepancies in stock distribution remain. For instance, one back-end distributed systems engineer earning $95,000 in total compensation reported receiving $31,600 in stock. Meanwhile, an Android engineer with the same total compensation received only $1,200 in stock. These disparities in stock allocation can impact how engineers perceive their compensation, depending on their roles and specialties.
Impact of Stock-Based Pay on Retention
For senior engineers, stock compensation not only serves as an incentive but also as a retention tool. However, concerns over Revolut’s low average employee tenure persist, with few engineers remaining at the company long enough to fully capitalize on stock payouts. The company’s continued growth and stock-based rewards will likely play a key role in attracting and retaining experienced talent as it moves toward its share sale.
As Revolut expands globally, its stock compensation strategy—especially for senior engineers in key markets like London—will be a determining factor in maintaining a competitive edge in the talent war.
Photo: AP Photo/Seth Wenig