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As someone who recently interviewed (although not at Facebook) the number is the _annual compensation package at the time they signed their offer_ (it includes
by dmlittle 5y ago
As someone who recently interviewed (although not at Facebook) the number is the _annual compensation package at the time they signed their offer_ (it includes base salary + annual stock grant + bonus). If someone got $1,000,000 in annual compensation 2 years ago, the stock portion per year will likely be larger now due to appreciation of the stock. These numbers are crazy high and before I interviewed this time around I was somewhat skeptic of how real these numbers were outside of a few outliers but now I'm pretty sure it's pretty common.
- vmception 5y agoSuper nice that trillion dollar companies are being extremely competitive with compensation now Wages have stagnated for 30 years and, to me, progress is not achieved until a house in the same area as the economic center can be owned outright in 5 years or less just like the baby boomers experienced This seems to accomplish that, but lets throw in paying off all other encumbrances like student debt as well