4 ms·
Take this with a grain of salt, but I heard that some new hires at Snapchat were getting $400k+ in equity, so that might be one of the reasons why it's so high.
by flunhat 9y ago
Take this with a grain of salt, but I heard that some new hires at Snapchat were getting $400k+ in equity, so that might be one of the reasons why it's so high.
- what_ever 9y agoThere were some datapoints on /r/cscareerquestions of $320k of RSUs for new grads starting last year. Although the vesting schedule was 10%, 20%, 30%, 40%.
- ng12 9y ago$320k/4 years sounds doesn't sound ridiculous -- probably on par with Google or FB.
- rifung 9y agoI work at Google Seattle and that seems very high to me but I could just be getting paid less than others. I was an industry hire though
- matheweis 9y agohttps://www.paysa.com/salaries/google https://www.paysa.com/salaries/google
- product50 9y agoYou are definitely paid less or are junior (IC4?). $80k/yr equity is pretty par at this level.
- rifung 9y agoI dont know what IC4 means but I'm an L3? Note also that I'm in Seattle which pays less than Mountain View
- shawndumas 9y agoIC3 === L3 and as you are in eng it's sometimes called T3
- jpatokal 9y agoFor a new grad that does sound kinda ridiculous. Stock is how you retain good performers, but new grads are usually unknown quantities.
- majormajor 9y agoI've heard second-hand reports of larger ones than that, but the vesting was a pain and, well, it wouldn't be worth as much today already. Maybe not the most attractive time to take that bet.