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Can you talk a bit more about the 255k line? Besides senior engineers at the Big-5 (AppAmaGooBookSoft), what are the profiles of people at or close to the 255 l

• agentgt 10y ago
  If you are not working at the big boys the secret to approaching $255k is ownership and bonuses (either through MBO and/or dividends). So I suppose it is not really raising your base salary. BTW it is probably not $255 anymore but I believe it (the line) is roughly caused by taxes and the average maximum pay for corporations. The average CEO typically only has a salary of or below ~$255K [1] (notice I said salary and not bonuses.). Consequently it is hard to rationalize paying another employee more than the CEO hence the line. To get in that position of asking for bonuses requires some serious leverage and internal knowledge of the company along with powerful negotiation skills. I somewhat got out of that headache by starting my own company (albeit it is always there directly/indirectly... selling yourself) so I can't give too much advice more than the article does already. I'm not sure what the wall is after $255k as it may just be an nice exponential curve (and again this is just anecdotal). [1]: http://chiefexecutive.net/how-much-does-the-average-ceo-really-earn/ http://chiefexecutive.net/how-much-does-the-average-ceo-real...