"Basecamp is paying everyone as though they live in San Francisco and work for a software company that pays in the top 10% of that market (compared to base pay

"Basecamp is paying everyone as though they live in San Francisco and work for a software company that pays in the top 10% of that market (compared to base pay + bonus, but not options)." If you're working at the major SV employers like Google, a huge chunk of your compensation comes in the form of RSUs (ie, stock). For someone with 5-10 years experience, this can be ~30-40% of your total compensation. The quote above mentions base and bonus, but it doesn't say anything about RSUs and stocks. Good for them regardless, but that distinction makes a pretty big difference.