4 ms·
i dont think L4 and below costs $500K? $170 base +$30 bonus+ 100 in stock.. i don't think other benefits add 200 more?
by 8n4vidtmkvmk 5y ago
i dont think L4 and below costs $500K? $170 base +$30 bonus+ 100 in stock.. i don't think other benefits add 200 more?
- dlp211 5y agonit: Stock grants/vests are not a cost to the company. They just create new shares and give them out.
- microtherion 5y agoThey dilute shareholder value, and if you consider that many tech companies are also doing stock buybacks, it seems plausible to consider the net effect of (Handing out "free stock" with one hand) + (Buying back stock with the other hand) to be spending money.
- m0llusk 5y agoTheir health insurance package is extremely expensive and a huge amount of money goes into supporting campuses with buses for commuters, full meals, laundry service, and so on.
- mehrdada 5y agoI wouldn't call health insurance "extremely expensive" in the context of Google SWE salaries. On average it probably costs on the order of $5-$10k/head/year at most. My very loose upper bound estimate is $50k/year for all aux benefits and bus/campus costs.
- mehrdada 5y agoI'd be willing to bet something like Fuchsia is on average L5-6 (or more) given retirement projects at Google attract some very senior engineers that would offset the L3/4s if you amortize them.