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You can use Facebook's annual report to find that the average annual stock based compensation at Facebook is around $188k. That's real, liquid stock that you ca
by vostok 9y ago
You can use Facebook's annual report to find that the average annual stock based compensation at Facebook is around $188k. That's real, liquid stock that you can turn around and sell. It's not monopoly money. Add salary and bonus and you're well over $300k in total compensation.
Is it hard to believe that some are going to be hitting more than $200k above the 18F numbers?
Note that we're comparing the absolute max for GS employees to the average at Facebook.
- vonmoltke 9y ago> Is it hard to believe that some are going to be hitting more than $200k above the 18F numbers? "Some people at Facebook" is a much smaller set than "quite a few private sector jobs", which the statement GP was responding to.
- vostok 9y agoSome people at Facebook can be extended to some people at other companies too. I specifically picked a large, visible example where the information is publicly available. Perhaps GP misread "quite a few private sector jobs" as "most private sector jobs"?