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This article strikes me as a submarine with a buried lede, namely, > Top performers can make $1 million in salary and bonus a year, plus options, according to
by leroy_masochist 9y ago
This article strikes me as a submarine with a buried lede, namely,
> Top performers can make $1 million in salary and bonus a year, plus options, according to people familiar with its hiring. Total compensation can exceed $3 million. Zhang declined to comment on specific figures, saying most employees prefer stock over cash.
So basically, these engineers are getting paid $1mm, which is not a crazy multiple off of top end dev cash compensation in Bay Area, plus equity in a Chinese software company.
This does not seem like news, per se. Compliments to Mr. Zhang's PR agency for getting an article published in Bloomberg that makes the client look sexy, mysterious, and elite.