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Right, I was calculating the difference across total comp. OPs total comp is ~261k per year (140 + 21 + 100), so compared against the number you listed, it's al
by FlyingLawnmower 9y ago
Right, I was calculating the difference across total comp. OPs total comp is ~261k per year (140 + 21 + 100), so compared against the number you listed, it's almost exactly +70% (261 / 153 = ~1.71).
I edited it to 60% to account for negotiations (assumed +10-15k annually), but I didn't think there was that much room at the new grad level. I remember Google being very inflexible on base, and didn't think you could get 200k annually with just negotiating (which would involve tripling the initial stock grant you listed, assuming that base is inflexible).
Even still, are the bands truly that wide across L3 and L4? I suppose I'm most astonished that the median L3 and top of L4 are that wide apart. Thank you for all the information.
- joshuamorton 9y agoIndeed, Google is inflexible on base, but they're well known (or at least I have it on fairly good authority) that they will match total comp of new grad offers from various finance firms, which have first year comp at ~200K. And as to your second question: a rule of thumb that I think exists is that total comp approximately doubles every 2 levels, so you get a ~40% increase per level on the median. Keep in mind that a new grad offer is not the median of L3, but the bottom.