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I haven’t heard about how those two companies pay. It’s definitely a common occurrence at Google, Apple, Facebook, Microsoft, & Salesforce. Bonuses are often s
by bgentry 9y ago
I haven’t heard about how those two companies pay. It’s definitely a common occurrence at Google, Apple, Facebook, Microsoft, & Salesforce.
Bonuses are often structured as a % of your base salary based upon your rank. More senior engineers will get an extra 10-25% each year essentially automatically.
This is separate from RSUs, which vary a lot more widely. Their value is especially dependent upon company stock performance.
- Domenic_S 9y agoAdd eBay and Paypal.
- vonmoltke 9y agoThose are in the top subset I was referring to. Most engineers working for established companies are not working for that subset. I'm not aware of Oracle, Cisco, or similar-tier companies giving stock grants to engineers. Cash bonuses are a different animal. I agree with your range (at least if you exclude defense contractors). Those alone are well short of doubling compensation, though.
- lostboys67 9y agoMany FTSE 100 companies in the UK do have share save schemes available to all employees
- onion2k 9y agoMore senior engineers will get an extra 10-25% each year essentially automatically. The reason part of your salary is a bonus rather than the base is so that it can be withheld if necessary, eg in a bad year. Believing that bonus is an automatic extra 10% will, one day, leave you 10% short of your expectations.
- fpisfun 9y agoYep, my company cut bonuses this year, so no 10% for me, definitely not something to count on.
- lostboys67 9y agoDepends if its contractual or not