4 ms·
How big is stock though? In NYC a senior dev makes that much or more in finance, and in a startup probably closer to 140-160 with bonus and fuzzy-numbered stoc
by mancerayder 7y ago
How big is stock though?
In NYC a senior dev makes that much or more in finance, and in a startup probably closer to 140-160 with bonus and fuzzy-numbered stock options. I don't count my stock options ("units") as anything worth anything at this point, not because I'm cynical but because there's no clear valuation.
All things considered I'm suddenly feeling underpaid - I know many quite senior folks barely breaking that.
- Cookingboy 7y ago>fuzzy-numbered stock options We aren't talking about stock options, we are talking about concrete RSUs with real valuations. A Staff Engineer at Google can easily be vesting $200k in stocks alone each year.
- user5994461 7y agoStaff is even one level above senior. It's true that they make a lot of money, so do the owner of a SME or a director in a large organization. It's not a position most employees will ever attain in their lifetime.
- novok 7y agoDirectors are equivalent to staff +1 or staff +2. Staff engineers are usually equivalent to 2nd level middle managers, with 1st level are managers of teams that are just ICs). Jr Engineers can be 30-50% of an engineering organization. So it's not that impossible.
- 9nGQluzmnq3M 7y agoDirector (L8) is two levels above staff engineer (L6) in Google. But promotions get exponentially more difficult after L5, particularly if you intend to stay as an IC.
- user5994461 7y agoI meant director as a general title in corporations, not google specifically.
- uwuhn 7y agoRSUs are easily going to be half or more, unless large bonuses are involved (which does happen). Keep in mind RSUs aren't options.
- vonmoltke 7y agoI wouldn't say "easily". The shit offer I got from Google past year was about 60% base salary. The non-shit offer I took from Twitter is about 55% base.
- chris11 7y ago> fuzzy-numbered stock options That's true for non-public companies, but stock options at a publicly traded company like Google or Apple are much easier to value.
- scarejunba 7y agoStock options are distinct from units. They have a clear value, current market value, discounted by your fear of the future.