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Annual bonus targets for staff and principal engineers are somewhere between 15% and 25% of their cash base which is somewhere between $200 and $300. So their a
by arcticbull 5y ago
Annual bonus targets for staff and principal engineers are somewhere between 15% and 25% of their cash base which is somewhere between $200 and $300. So their annual bonus would be between $30K and $75K ordinarily.
Senior engineers less.
So yeah, double bonus basically.
- jeffbee 5y agoI can see where a guaranteed double bonus for four years is nice, but it doesn't seem to add up to much, competitively speaking. If you are a top-10% engineers, Meta will just pay out whatever you are leaving on the table with respect to RSUs etc plus a handsome signing bonus, just to get you on the team. Also, it just seems small compared to what the overall comp must be at Apple (I've never worked there, just guessing). If they give T5-6 engineers RSU packages worth 1-2 million over 4 years, and given that their share price has tripled in the last 18 months, anyone who has been there long enough to be worth retaining is making a hell of a lot more than $180k by 2026.
- deleted 5y ago[deleted]