5 ms·

The salary ranges are largely meaningless though? Equity compensation for good tech roles is like half or more. Also, levels.fyi has most salary information you

The salary ranges are largely meaningless though? Equity compensation for good tech roles is like half or more. Also, levels.fyi has most salary information you could need.

deleted 4y ago
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phphphphp 4y ago
Equity compensation has meaningful value for a small minority of roles (i.e: at liquid companies) so for the majority of job seekers, salary is the compensation.
- f6v 4y ago
  Yes, don’t be fooled by private company valuation.
- frollo 4y ago
  It also depends a lot on the person. Like, I totally refuse equities as a compensation and thus would not consider any job with a salary under my minimum, even if the equities would bring the total compensation to an extremely high value.
- noirbot 4y ago
  And for the most part, even if it's a lot of money, I can't pay my bills with RSUs or options. I may be willing to accept a bit lower cash salary if the equity numbers are huge, but I still need cash in my bank account to pay for things that is above some number per month.
JustSomeNobody 4y ago
> Equity compensation The vast majority of developer jobs offer no equity comp.
eesmith 4y ago
Colorado's already thought of that. https://cdle.colorado.gov/sites/cdle/files/INFO%20%239_%20Equal%20Pay%20Transparency%20Rules%20%28Revised%20July%202021%29.pdf https://cdle.colorado.gov/sites/cdle/files/INFO%20%239_%20Eq... > Compensation and Benefits to Disclose. Employers must include in each job posting (1) the rate of compensation (or a range thereof), including salary and hourly, piece, or day rate compensation; (2) a general description of any bonuses, commissions, or other compensation; and (3) a general description of all benefits the employer is offering for the position. Benefits that must be generally described include health care, retirement benefits, paid days off, and any tax-reportable benefits, but not minor “perks” like use of an on-site gym or employee discounts. At a minimum, employers must describe the nature of these benefits and what they provide, not specific details or dollar values — such as listing that the job comes with “health insurance,” without needing to detail premium costs or coverage specifics — and cannot use an open-ended phrase such as “etc.,” or “and more,” rather than provide the required “general description of all of the benefits
- tfehring 4y ago
  > a general description of any bonuses, commissions, or other compensation By my reading, that just means that they have to disclose that equity compensation is available, not the amount of that equity compensation. Contrast that with "the rate of compensation (or a range thereof), including salary and hourly, piece, or day rate compensation," which actually requires a number.
  - eesmith 4y ago
    This is far out of my competency. My understanding of the bill is that it's meant to close the wage gap between men and women by increasing salary transparency. https://leg.colorado.gov/sites/default/files/2019a_085_signed.pdf https://leg.colorado.gov/sites/default/files/2019a_085_signe... says: > It is the intent of the general assembly to pass legislation that helps to close the pay gap in Colorado and ensure that employees with similar job duties are paid the same wage rate regardless of sex, or sex plus another protected status. where "wage rate" is: > FOR AN EMPLOYEE PAID ON AN HOURLY BASIS, THE HOURLY COMPENSATION PAID TO THE EMPLOYEE PLUS THE VALUE PER HOUR OF ALL OTHER COMPENSATION AND BENEFITS RECEIVED BY THE EMPLOYEE FROM THE EMPLOYER; AND > (b) FOR AN EMPLOYEE PAID ON A SALARY BASIS, THE TOTAL OF ALL COMPENSATION AND BENEFITS RECEIVED BY THE EMPLOYEE FROM THE EMPLOYER. Any judge is going to look at the intent in order to help resolve ambiguity in interpretation. If stock option compensation need only be advertised as "we offer stock options" then my uninformed impression is that that would negate the intent of the bill. Contact a Colorado lawyer for actual meaningful advice.
r3dey3 4y ago
Sure it may not be total comp but if I see a range of 120-160k I'm not going to apply when my current base 180k.
- noirbot 4y ago
  Yea, not unless they're giving 150k+ in fairly stable equity. Like, I'd take a pay cut in raw salary if they were matching it in 1-3 year RSUs for a public stock.
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elcomet 4y ago
For tech in certain areas / domains yes. For most of positions all over the world, salary is the only compensation.

The salary ranges are largely meaningless though? Equity compensation for good tech roles is like half or more. Also, levels.fyi has most salary information you could need.

deleted 4y ago

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phphphphp 4y ago

Equity compensation has meaningful value for a small minority of roles (i.e: at liquid companies) so for the majority of job seekers, salary is the compensation.

f6v 4y ago
Yes, don’t be fooled by private company valuation.
frollo 4y ago
It also depends a lot on the person. Like, I totally refuse equities as a compensation and thus would not consider any job with a salary under my minimum, even if the equities would bring the total compensation to an extremely high value.
noirbot 4y ago
And for the most part, even if it's a lot of money, I can't pay my bills with RSUs or options. I may be willing to accept a bit lower cash salary if the equity numbers are huge, but I still need cash in my bank account to pay for things that is above some number per month.

JustSomeNobody 4y ago

> Equity compensation The vast majority of developer jobs offer no equity comp.

eesmith 4y ago

Colorado's already thought of that. https://cdle.colorado.gov/sites/cdle/files/INFO%20%239_%20Equal%20Pay%20Transparency%20Rules%20%28Revised%20July%202021%29.pdf https://cdle.colorado.gov/sites/cdle/files/INFO%20%239_%20Eq... > Compensation and Benefits to Disclose. Employers must include in each job posting (1) the rate of compensation (or a range thereof), including salary and hourly, piece, or day rate compensation; (2) a general description of any bonuses, commissions, or other compensation; and (3) a general description of all benefits the employer is offering for the position. Benefits that must be generally described include health care, retirement benefits, paid days off, and any tax-reportable benefits, but not minor “perks” like use of an on-site gym or employee discounts. At a minimum, employers must describe the nature of these benefits and what they provide, not specific details or dollar values — such as listing that the job comes with “health insurance,” without needing to detail premium costs or coverage specifics — and cannot use an open-ended phrase such as “etc.,” or “and more,” rather than provide the required “general description of all of the benefits

tfehring 4y ago
> a general description of any bonuses, commissions, or other compensation By my reading, that just means that they have to disclose that equity compensation is available, not the amount of that equity compensation. Contrast that with "the rate of compensation (or a range thereof), including salary and hourly, piece, or day rate compensation," which actually requires a number.
- eesmith 4y ago
  This is far out of my competency. My understanding of the bill is that it's meant to close the wage gap between men and women by increasing salary transparency. https://leg.colorado.gov/sites/default/files/2019a_085_signed.pdf https://leg.colorado.gov/sites/default/files/2019a_085_signe... says: > It is the intent of the general assembly to pass legislation that helps to close the pay gap in Colorado and ensure that employees with similar job duties are paid the same wage rate regardless of sex, or sex plus another protected status. where "wage rate" is: > FOR AN EMPLOYEE PAID ON AN HOURLY BASIS, THE HOURLY COMPENSATION PAID TO THE EMPLOYEE PLUS THE VALUE PER HOUR OF ALL OTHER COMPENSATION AND BENEFITS RECEIVED BY THE EMPLOYEE FROM THE EMPLOYER; AND > (b) FOR AN EMPLOYEE PAID ON A SALARY BASIS, THE TOTAL OF ALL COMPENSATION AND BENEFITS RECEIVED BY THE EMPLOYEE FROM THE EMPLOYER. Any judge is going to look at the intent in order to help resolve ambiguity in interpretation. If stock option compensation need only be advertised as "we offer stock options" then my uninformed impression is that that would negate the intent of the bill. Contact a Colorado lawyer for actual meaningful advice.

r3dey3 4y ago

Sure it may not be total comp but if I see a range of 120-160k I'm not going to apply when my current base 180k.

noirbot 4y ago
Yea, not unless they're giving 150k+ in fairly stable equity. Like, I'd take a pay cut in raw salary if they were matching it in 1-3 year RSUs for a public stock.

deleted 4y ago

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elcomet 4y ago

For tech in certain areas / domains yes. For most of positions all over the world, salary is the only compensation.