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May want to browse the countless compensation discussions in the app Blind. Lots of Bay Area offer info there. Note that salary is a misnomer. The term now is
by carlivar 9y ago
May want to browse the countless compensation discussions in the app Blind. Lots of Bay Area offer info there.
Note that salary is a misnomer. The term now is "total compensation" which has a significant RSU portion.
- sjg007 9y agoThe words "total compensation" should just be banned from these discussions. It conflates a principle measure (base salary) with intangibles such as RSUs (a future value) and benefits. Without comparing specific companies it is impossible to say which is better (unless there is an extreme variance).
- wan23 9y agoRSUs for public companies are effectively cash, as you can generally sell them immediately at the time when they vest. The value isn't fixed, but if the company is doing well that's a benefit to employees.
- sjg007 9y agoYes and no.. my point still stands. I would also exclude "bonus" in these comparisons because they are too variable as well.
- OkGoDoIt 9y agoBut in reality the bonus and RSU's are a very significant portion of compensation. I know several people in their late 20's in SF with salaries around $150k but after adding RSU's and annual bonus and other oddities like recurring "signing bonuses" they pull in between $200k and $250k per year before taxes. Even if it's slightly variable it is still a big difference from the base salary. As an example of why this matters, my base salary is $20k more than a certain friend of mine but my employer doesn't do RSU's and has relatively low bonuses, so in the end my friend makes around $50k per year more than me, which equates to a significant lifestyle difference.