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The above was referring to total comp. From what I have read, annual stock/RSU compensation is equivalent to salary. I have read that a $300,000 salary is not u
by syedkarim 7y ago
The above was referring to total comp. From what I have read, annual stock/RSU compensation is equivalent to salary. I have read that a $300,000 salary is not unheard of for a senior FAANG engineering role.
- rkho 7y ago300 in total comp is not unheard of for senior roles in the SF Bay Area market. 600 is a whole other story short of severe equity appreciation.
- buzzkillington 7y agoI've had offers for 800k.
- lwb 7y agoWhere?
- jldugger 7y agoIt's rather rare, from what I can tell. Esp. in the context of immigration, h1bdata can be useful. Google llc has precisely 1 software engineer certified at a salary above 300k. 250k, more achievable, with very senior status. What really happens though is RSU appreciation. GOOG has more than doubled in the past 4 years. You are awarded X dollars of stock on hire and every annual review period, but that is converted into shares awarded every Y months. If you achieved a 1:1 salary:RSU vesting ratio, today that would probably be 1:2, a 50 percent pay raise.
- Hydraulix989 7y agoI think the RSUs and bonuses aren’t included in those H1B data reports. Anyone L5 and higher (as well as many L4s) at Google is pulling in at least 300k in total liquid compensation per year.
- jldugger 7y agoCorrect. I was just using that as a benchmark for base salary, and apparently even that is flawed.
- woud420 7y agoJust to be clear, that salary is prevailing wage which is usually lower than the actual salary you're getting (does not include RSUs or stock on top of that). In my case the difference was about 30 to 40% lower.
- jldugger 7y agoFascinating, thank you for the clarification.
- lawnchair_larry 7y agoSalary means the non-equity portion of your pay that you get paid in cash on a fixed interval. Salary by definition excludes RSUs or stocks.
- laurencerowe 7y agoThe PERM / H1B figures only show base salary and exclude RSUs which for most big tech companies is the larger factor at senior and above levels. Netflix pay all cash so their PERM figures are much more representative and match the levels.fyi numbers pretty well, giving me confidence that those self reported figures are broadly accurate. (When comparing keep in mind Netflix hire only at senior software engineer level and above and have a single level title so staff/principal levels are collapsed to senior just with higher salaries.)
- jldugger 7y agoThis is why a simplifying assumption was made with the 1:1 ratio of salary:RSUs. Obviously it matters when comparing two companies, but in this case the question was simply "who makes 600k" and the answer is 'probably nobody unless the stock did real gud'
- laurencerowe 7y agoThe salary:stock ratio increases the higher Your level. 600k would likely be an L7 offer, though you could reach that at a lower level through stock appreciation.
- halflings 7y agoI was also talking about total comp, and like you noted >300K is common for senior software engineers, but >600K is unheard of.