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Thanks. This was much more informative. For those wondering, they’re doing: -increasing comp targets to be at or above industry 75th percentile across the com

Thanks. This was much more informative. For those wondering, they’re doing: -increasing comp targets to be at or above industry 75th percentile across the company -no negotiation for comp (standardized starting offer by location/role) -yearly stock grants with no 1 year cliff upon hire

sokoloff 5y ago
"75th percentile of industry" is almost meaningless. Does industry include programmers at Comcast, Liberty Mutual Insurance, Staples, Smalltown Bank, Wipro, and everyone else who employs programmers in any capacity? Or does it mean Amazon, Facebook, Netflix, and Google? If you're beating three out of those four, your comp is excellent. If you're beating 3 out of 4 all companies who hire programmers, you're hopelessly uncompetitive with the "actual" top tech market.
- jacobr1 5y ago
  It is a named set of a peer SV companies. So probably FAANG, but they don't give specifics.