3 ms·
>They think that promos (like this article), are at most only %10, while promos are more like a x1.5 to x2 of your income. I'd be curious to see stats on this.
by Arainach 5y ago
>They think that promos (like this article), are at most only %10, while promos are more like a x1.5 to x2 of your income.
I'd be curious to see stats on this. My experience at large corporations (multiple of FAANG) has been the opposite. For instance, at Google my L4-5 salary bump was 10-15%, my bonus target percentage is identical, and to be honest the stock grants from L4 Strongly Exceeds were better than L5 Consistently Meets Expectations. There's theoretically a higher ceiling over the long term (and the L6 bump seems to be better) but it was nowhere near 50% for me.
- actually_a_dog 5y agoYep, and if you negotiate hard and come in near the top of your salary band, they will use that against you at raise time so you only get like 3% or something. Granted, that may be equivalent to just taking your first year raise up front before you start, which is better than waiting a year for it, but that's what happens.
- UncleMeat 5y agoIf you were promoted to 5 then you had high ratings within 4. You should compare CME at each level.