Dear Elena,
It is my privilege to confirm your promotion to Principal Engineer at Meridian Capital Labs, effective the first of April. This advancement reflects four years of exceptional technical judgment, the payments platform rearchitecture you led last autumn, and the quiet way you have raised the bar for everyone around you.
The engineering leadership team evaluated this promotion against our Principal rubric unanimously, and without reservation. You have outgrown the Staff role in scope, influence, and impact — and the company now needs you operating at the level this title implies.
| Base Salary | Annualized, paid semi-monthly beginning April 15. | $240,000 |
| RSU Refresh | Granted annually, four-year vest with one-year cliff. | $150,000 /yr |
| Target Bonus | 20% of base, tied to company and individual performance. | $48,000 |
| Title & Level | Principal Engineer, IC6 — reporting to the VP of Engineering. | IC6 |
All other terms of your employment — benefits, equity vesting already in flight, PTO accrual — remain unchanged. Your partner in People Operations, Devika Anand, will reach out within the week to walk through the updated offer summary and grant paperwork.
Thank you for the care you bring to this company, and for the engineers you are quietly making better every day. I could not be happier to watch you step into this role.
With admiration,