2 ms·
Is it though? How are stock grants counted? Yes, the big tech base salaries are higher, but the insane numbers people read typically include a very large stock
by matwood 5y ago
Is it though? How are stock grants counted? Yes, the big tech base salaries are higher, but the insane numbers people read typically include a very large stock component.
Someone else linked to levels for COIN and I saw mostly 100-200k base (some higher, but I doubt the company is mostly made of L7+ whatevers), but huge stock grants. The base seems perfectly reasonable for people working in a space where mistakes can cost significant amounts of money.
I think a bigger issue with big tech stocks sinking is top talent leaving to either do their own thing or take sabbaticals.