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Quick question: does this account for recent massive stock price inflation ? My comp at one of these places matched what you have here early to mid last year, b
by dmode 6y ago
Quick question: does this account for recent massive stock price inflation ? My comp at one of these places matched what you have here early to mid last year, but since then has gone up quite a bit due to the stock market
- darkwizard42 6y agoUsually what will happen when a company's stock increases is that new offers have a lower # of stock units in the hiring grant. Basically, even if Google is worth $1.5T or $15T they don't change the "total compensation" value of the offer at hand. Ultimately, if you join and the stock goes up, congrats on your "free" raise!
- dmode 6y agoYeah agreed. I was curious if the median salary was impacted by the bull run, where suddenly engineers who joined a couple of years before the bull run are now disproportionately paid compared to more recent hires
- zuhayeer 6y agoYes, it may – our aggregates account for the latest information at a specific level which can include data points for individuals who have been at a company and experienced stock growth. However, when you drill down into the individual data points (https://levels.fyi/comp.html?showFilters https://levels.fyi/comp.html?showFilters), you can take a look at, and filter by the "Years at Company" field to distinguish how long the employee has been in their current role. We do believe that the stock growth in the market in general influences the monetary amounts of new stock grants. The bull run in essence contributes to larger stock grants through a cascading effect, as people who are looking to switch to another company expect higher and more competitive packages to make the leap.