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You say you're able to achieve 12k over the industry average, and take 7% of the first year salary. It's hard to assess how much of that 12k is due to selection
by erispoe 9y ago
You say you're able to achieve 12k over the industry average, and take 7% of the first year salary. It's hard to assess how much of that 12k is due to selection, and how much is due to your work. In other word, what value you actually deliver.
Let's say the industry average is 120k (in California). If you deliver 12k extra, and take 7% of the total, you're actually taking more than 9k out of this extra 12k.
- kevintxwu 9y agoYou would need to consider more than just the first year. In reality, the difference it makes in terms of your career as a whole is significantly higher than that initial 12k because it compounds. Starting off with an additional 12k in your salary means you'll get an additional 12k next year and every year thereafter, if not more. Also, though we really need to do more work to figure out how to measure this effectively, the quality of the position goes beyond the salary itself.