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Rarely, if you join as a senior engineer at AmaGooFaceSoftApple you won't make 200k base salary. This will be mostly stocks.
by bsvalley 10y ago
Rarely, if you join as a senior engineer at AmaGooFaceSoftApple you won't make 200k base salary. This will be mostly stocks.
- erubin 10y agoI'm not sure why you don't consider stock in a public company that you can immediately sell every monthly vesting period liquid.
- nunez 10y agoBecause you have to work for several years (4 at Google) before you can liquidate them completely (don't forget about taxes) and you have to rely on non-deterministic factors to keep that train going (stock refreshes, raises, promo bonuses, etc.) Salary is much more straightforward, and more predictable.
- shaftway 10y agoThe large companies keep that gravy train rolling. If they don't do refreshes, people walk after their last vesting event. The hot new thing is to do continuous vesting with annual refreshes. That way you're constantly accruing and the only time you can't exit is during company blackouts.