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The submission form [1] asks explicitly for what would appear on your W2 (ex. vested value). Part of the reason why comp packages have been so high in last 1-2
by Zaheer 8y ago
The submission form [1] asks explicitly for what would appear on your W2 (ex. vested value). Part of the reason why comp packages have been so high in last 1-2 years is that stock grants that were given to employees 2-4 years ago have shot up in value via a bull run stock market. To attract these employees, companies have to outbid their current expected take-home pay. Thus the vested value is actually most relevant when you are comparing your current compensation and new offers.
[1] https://www.levels.fyi/addcomp.html https://www.levels.fyi/addcomp.html
- tedsanders 8y agoThank you for the response and the explanation.
- refurb 8y agoThis is really true. A lot of people ask “what kind of a developer makes $300-400k per year?”. The answer is one working for a company with equity that is increasing in value rapidly. Take that away and it’s more typical to get $150-200k base plus another $50k in equity.
- jforman 8y agoThis is pretty critical information that, imo, you should communicate more prominently. I was a little shocked at the value of some of these grants for the level, but this makes more sense.