6 ms·
It was a little under 200k/yr total in Mountain View for T4.
by imbusy111 8y ago
It was a little under 200k/yr total in Mountain View for T4.
- bduerst 8y agoI think the stats reported are probably inflated because of equity. If it includes people who had equity packages hired five years ago, that equity income is now worth twice as much as opposed to the equity someone would get if hired today.
- vonmoltke 8y agoPeople should be reporting the dollar values they were awarded, not what the shares are worth when they added their comp.
- dilyevsky 8y agoBut refreshes and new offers are matching the current stock value not the original
- vonmoltke 8y ago$60k worth of stock is $60k worth of stock. Initial and refresh awards are converted to shares from a dollar amount. If new grants were $200k six years ago and are still $200k now, what the stock price has done in the interim is irrelevant.
- dilyevsky 8y agoThis is evidently false. Stock has pulled total numbers comp up significantly. Employer is not going to give an engineer refresh that brings tc lower (in $ value) than the year before unless it wants to lose that engineer.
- Bahamut 8y agoThis is false - employers do give less. My own FAANG stock for my initial compensation when I joined my company was at $105k in RSUs, and they jumped up about 35% (was even higher, but the market is a little volatile currently). My refresh grant after a little over a year was $125k in RSUs, which turned out to be less stock by a not insignificant percentage compared to my first grant! My read of the numbers floating around the internet suggests my refresh grant was for outperforming and my TC is high for my band. Whether my new TC is less than my first year, who knows. I'm happy with my work, and while the comp could be better (I should be at the next band but promotions are slower to come by in FAANG), I don't know if I'll ever even leave my company given that my total comp for a mid-level software engineer (at my employer) is already over $300k.
- bduerst 8y agoGoogle grants RSUs. So $60k is 12 RSUs for someone hired in 2014. In 2018, RSUs are worth twice as much as 2014, so people hired for the same role in 2018 get 6 RSUs ($60k) while the people hired in 2014 are still getting [at least] 12 RSUs ($120k). This is what I'm talking about with regards to stat inflation on this reporting.
- dilyevsky 8y agoThere’s no T-ladder for a while now. That does sound kinda low. I was payed slightly more as L3 more than 5 years ago.
- imbusy111 8y agoI was L4. I was just sticking to the nomenclature of the website.
- deleted 8y ago[deleted]