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Anecdotally, I see many people in SF switching jobs because compensation has gone way up. Also, seems this article is referring to salary. But most of the comp
by acchow 5y ago
Anecdotally, I see many people in SF switching jobs because compensation has gone way up.
Also, seems this article is referring to salary. But most of the compensation growth I've seen is in equity.
- pjbeam 5y agoExactly; base salary is not a huge deciding factor for me when looking at offers.
- chii 5y ago> the compensation growth I've seen is in equity. there's two aspects to equity compensation - grants, and vesting. It doesn't matter that vesting shares, granted in prior years, grew in value. The employee took risk holding on to it. This should not be counted as increased compensation from their work. However, if new grants grew, then there is an increase in compensation.
- acchow 5y agoI'm referring to people changing jobs, so this is new grants in job offers. Yes, equity packages in job offers are larger now than just a couple years ago. > It doesn't matter that vesting shares, granted in prior years, grew in value. The employee took risk holding on to it. This should not be counted as increased compensation from their work. On the contrary, some companies will base their salary increases on share price changes. If the share price remains unchanged over a year, they might bump up your salary 2-10%. If the share price has gone up 20%, they might keep your salary unchanged since you're making "too much" equity now. This is actually not an uncommon practice. With stocks skyrocketing in the past year, I can see many companies being stingy with salary increases.