4 ms·
My preferred technique is to mentally baseline my current total comp, then shoot for that as my base at my next position. You really shouldn't compare salaries
by ingenuous2 10y ago
My preferred technique is to mentally baseline my current total comp, then shoot for that as my base at my next position.
You really shouldn't compare salaries, since benefits can vary so much.
So if I'm making $100k in base now, but have a good bonus structure, a good vacation package, health, retirement, etc., could make that total comp closer to $150. So that's what I say is my current compensation -- most people will anchor to that in salary negotiations.
- tehlike 10y agoin tech companies, bonus + equity is usually multiples of the base salary.
- ryandrake 10y ago1. Parent post was just for illustration, he's probably not talking about his actual salary + equity. 2. Is that really true? Multiples? Maybe for the CEO! I've been in tech for almost 2 decades and have never seen an equity package of more than ~25% or so of base salary. Usually it's about 5-10%, no?
- keville 10y ago0.05 is a multiplier.
- tehlike 10y agoi am talking x >= 1.
- idunno246 10y agoI have more than 25% at a public company at the initial offer, but not multiples. However, I left a company that wasnt liquid which was multiples in equity. But once you risk-adjust it for ever being worth something...
- ryandrake 10y agoYea, I'm talking actual, vested, liquid equity, sellable per year. Not monopoly-money options.
- bitcrusher 10y agoDepends on the company; My current employer added 2 times my annual in RSUs.
- toephu2 10y agoPlease name 5.