3 ms·
180k per year for new grads? That seems extremely high. What is your source?
by rpedela 11y ago
180k per year for new grads? That seems extremely high. What is your source?
- phamilton 11y agoMany friends have gotten offers in the ballpark of: 105k salary. 15% bonus, 50k - 60k stock (300 shares over 4 years)
- rpedela 11y agoSo that is about $120k/year (salary + shares + bonus / 4), not $180k/year. The signing bonus is one-time and the shares are only worth that much if the stock continues to do well and they stay for 4 years. Most engineers in my experience do not stay 4 years at their first job. According to Glassdoor, the median combined salary at Google is $166k/year further making the $180k/year for new grads claim ridiculous.
- phamilton 11y ago300 shares = 75 shares per year times $750. That's $55k/yr. That's a yearly bonus. Worth around 15k/yr. 105 + 15 + 55 is $175. Signing bonus is around 20k. Divide by 4 and you get $180.