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Cash has more utility and less risk than owning a large quantity of a tech stock. So I'd want to make significantly more than $300k if a big portion of that is
by freyr 9y ago
Cash has more utility and less risk than owning a large quantity of a tech stock. So I'd want to make significantly more than $300k if a big portion of that is equity. Are the other big tech companies now paying >> $300k in total compensation to the average employee?
According to Paysa's self-reported survey data (which, for all I know, is hogwash):
Netflix, senior software engineer, $323k ($323k cash)
Google, senior software engineer, $340k ($220k cash)
Facebook, software engineer, $317k ($190k cash)
Google, software engineer, $281k ($180k cash)
Netflix has too few "software engineer" data points and Facebook has too few "senior software engineer" data points to include those. If this data is at all accurate, it doesn't seem like either of those companies are giving better deals than Netflix on average.