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Kudos to TripleByte for their efforts in making this kind of compensation information public! I referenced it during my last performance review discussion in an
by frakkingcylons 8y ago
Kudos to TripleByte for their efforts in making this kind of compensation information public! I referenced it during my last performance review discussion in an effort to negotiate for a raise that would bring my comp more in line with what was listed as the median in TripleByte's data.
I was pretty firm on insisting on a bigger raise based on that data, after which my boss's boss came in with the big guns. They had a spreadsheet of compensation data collected by investors in the startup, and this data was collated across all their (and other) portfolio companies.
It was broken down by total funding, company size, years of experience, role, all that. IIRC, it was Option Impact: https://www.advanced-hr.com/ https://www.advanced-hr.com/. I wish I could've looked at it more, such interesting information with specific numbers. Of course, that will never be made public, much to the detriment of the workers in tech.
- ptmcc 8y agoI just left my company that swore up and down that they work hard to pay competitive market salaries. They claim to have all this fancy compensation market data compiled by experts. I don't know why they trust this data so much, but it consistently shows lower salaries than even Glassdoor or Payscale, which tend to be lower than surveys like this one. They don't criminally underpay or anything, but they are on the low side of average and I've been insisting that they are 20-30% under market on just base salary alone for high caliber people. No RSUs and there's some cash bonuses (maybe up to ~10%) and other near-cash perks but nothing super significant. Well, jokes on them, I just accepted a new non-FAANG gig for a nearly-25% base salary increase, plus a significant initial RSU grant of ~1.5x salary, plus other bonus potential. And I'm more excited about the company and work anyway. It's bananas out there right now, go get it while you can.