3 ms·
"Total comp" is not nearly the same thing as salary.
by marssaxman 8y ago
"Total comp" is not nearly the same thing as salary.
- xyzzyz 8y agoFor stable, publicly traded companies it is practically the same thing.
- marssaxman 8y agoNo job lasts forever. You will eventually move on. When you do, you will leave un-vested RSUs on the table. That's pay that you will never collect. "Total compensation" is not the same as being paid an actual salary.
- xyzzyz 8y agoUnvested RSUs are not part of "total compensation". Total compensation is obtained by tallying up the cash you get from salary, bonus, and sale (or rather, its value at vest) of all the vested stock you get in each year.
- esoterica 8y agoThat’s why only the annually vesting RSUs are counted in total compensation, not the total grant. If you make 200k base and get 400k/4 years of equity, then your TC is 300k, not 600k.
- dclusin 8y agoTrue. For the offer I saw it was about 169k base salary, 10k signing, and then 46k of equity. We're heading into the end of a market cycle imo so I figured that the equity value should probably be discounted by some factor.