6 ms·

Looks like it's incorrectly including the full 4 year equity grant in the yearly compensation grant.

compthrowaway 6y ago
Nope. The L4ish offers certainly would be far too low if that was 4 years, and these are supposedly "manually verified." The hovertext also says they explicitly divide by N.
- bgirard 6y ago
  I only meant the top ones. There's a big discontinuity in the data and this mistake is more logical than seeing $3m equity grants that no other site can cross validate.
fnbr 6y ago
I think it’s a mix, where some are, and some aren’t. I’d be _very_ surprised to see a L6 making $1M/year.
- joshuamorton 6y ago
  Research scientist ladder at Google is a higher comp band than swe by, at least for lower levels, about 1 level. So an L6 RS getting high l7 swe comp isn't out of the question. That said, the person getting such a large stock grant with a lower base salary is suspicious. The other two offers for L6 are clearly correct as they are (160K/year stock is too low for L6), but that one is odd. Doesn't mean it's wrong though. For some context, initial grants are usually larger than refresh grants, and an L6 SWE (who again is in a lower band than L6 RS) can expect a >200K stock refresh. So a new hire RS at that level isn't going to get less than 200K annually (or 800K/4yr).
- snug 6y ago
  You don't get a sign-on bonus every year either. Agreed, I'd say at most you're getting $250k/year in equity, no way L6 is getting $3.2M in equity over 4 years
  - compthrowaway 6y ago
    The sign-on bonuses are amortized over the equity vest period (which is a bizarre way to do it, but whatever). Aggressive L4 offers can clear about $250k/year in equity, so I don't know where you're getting this "at most" quantity...
deleted 6y ago
[deleted]
throwaway287391 6y ago
One of the creators (Devi Parikh, a prof and RS at Facebook) tweeted about it and has answered a few questions about that: https://twitter.com/deviparikh/status/1310610025212071939 https://twitter.com/deviparikh/status/1310610025212071939 Seems well aware that equity offers usually vest over 4 years e.g.: https://twitter.com/deviparikh/status/1310654018654367744 https://twitter.com/deviparikh/status/1310654018654367744
- MiroF 6y ago
  You're telling me multiple L4s are getting $254k/yr ($1 mil total) in equity? That's surprising to me, and I thought I had a sense of the market.
  - compthrowaway 6y ago
    I've seen (and tried to compete with) mid-level (not quite senior, not quite entry-level) pure SWE (non-AI, infrastructure-type roles) offers with that much equity at public firms.

Nope. The L4ish offers certainly would be far too low if that was 4 years, and these are supposedly "manually verified." The hovertext also says they explicitly divide by N.

bgirard 6y ago
I only meant the top ones. There's a big discontinuity in the data and this mistake is more logical than seeing $3m equity grants that no other site can cross validate.

fnbr 6y ago

I think it’s a mix, where some are, and some aren’t. I’d be _very_ surprised to see a L6 making $1M/year.

joshuamorton 6y ago
Research scientist ladder at Google is a higher comp band than swe by, at least for lower levels, about 1 level. So an L6 RS getting high l7 swe comp isn't out of the question. That said, the person getting such a large stock grant with a lower base salary is suspicious. The other two offers for L6 are clearly correct as they are (160K/year stock is too low for L6), but that one is odd. Doesn't mean it's wrong though. For some context, initial grants are usually larger than refresh grants, and an L6 SWE (who again is in a lower band than L6 RS) can expect a >200K stock refresh. So a new hire RS at that level isn't going to get less than 200K annually (or 800K/4yr).
snug 6y ago
You don't get a sign-on bonus every year either. Agreed, I'd say at most you're getting $250k/year in equity, no way L6 is getting $3.2M in equity over 4 years
- compthrowaway 6y ago
  The sign-on bonuses are amortized over the equity vest period (which is a bizarre way to do it, but whatever). Aggressive L4 offers can clear about $250k/year in equity, so I don't know where you're getting this "at most" quantity...

deleted 6y ago

[deleted]

throwaway287391 6y ago

One of the creators (Devi Parikh, a prof and RS at Facebook) tweeted about it and has answered a few questions about that: https://twitter.com/deviparikh/status/1310610025212071939 https://twitter.com/deviparikh/status/1310610025212071939 Seems well aware that equity offers usually vest over 4 years e.g.: https://twitter.com/deviparikh/status/1310654018654367744 https://twitter.com/deviparikh/status/1310654018654367744

MiroF 6y ago
You're telling me multiple L4s are getting $254k/yr ($1 mil total) in equity? That's surprising to me, and I thought I had a sense of the market.
- compthrowaway 6y ago
  I've seen (and tried to compete with) mid-level (not quite senior, not quite entry-level) pure SWE (non-AI, infrastructure-type roles) offers with that much equity at public firms.